Artak Kamalyan, Minister in charge of Industry and Agriculture of the Eurasian Economic Commission, and Armida Salsiah Alisjahbana, Under-Secretary-General of the United Nations, Executive Secretary of ESCAP, held a meeting as part of the events of the UN Economic and Social Commission for Asia and the Pacific in Bangkok (Thailand). The parties discussed a wide range of issues such as promoting the development of agricultural trade and supporting trade and economic cooperation between the EAEU countries and the ESCAP States.
"Cooperation with ESCAP is one of the important components of the Commission's foreign economic line in Asia and the Pacific direction. It will enable achieving a significant effect in the sustainable economic development of the regions, ensuring food security and realizing many new opportunities for all participants in this process", the EEC Minister emphasized during the negotiations. "Concluding free trade agreements with Vietnam, the Framework Agreement on Comprehensive Trade and Economic Cooperation with Singapore, and the Economic Cooperation Agreement with China is the best confirmation of the effectiveness of the EEC interaction with Asia and the Pacific. We hope that our Union will deepen trade and economic partnership with India and Indonesia in the near future, negotiations with them are currently underway. All these agreements are evidence of our intention to deepen ties with partners in Asia and the Pacific."
Artak Kamalyan noted that the Commission was actively working to liberalize trade and economic ties and was ready to work with ESCAP to solve global and regional problems, share experience in overcoming crises and ensuring inclusive and sustainable development.
At the session of the Committee on Trade, Investment, Enterprise and Business Innovation of the United Nations Economic and Social Commission for Asia and the Pacific, the EEC Minister delivered a report on the international trade importance, the need to strengthen regional integration and competitiveness through sustainable trade, the development of logistics supply chains and trade schemes, as well as regional cooperation in technology and innovation.
During his speech, the Minister in charge of Industry and Agriculture of the EEC drew the colleagues' attention to the importance of investing in technology and creating more sustainable supply chains through digital platform integration and automation.
In addition, Artak Kamalyan held a working meeting with Narapat Kaeothong, Deputy Minister of Agriculture and Cooperatives of the Kingdom of Thailand. The parties discussed promising areas of mutually beneficial cooperation in industry and agriculture.
"Currently, there is an upward trend in the agricultural trade between the Eurasian Economic Union countries and Thailand. At the same time, we have great potential to increase the fruit and vegetable supply from Thailand to the EAEU. Our countries' cooperation with Thailand and Asia and the Pacific as a whole opens up great opportunities," the EEC Minister emphasized.
Seeking to explore the cooperation potential and develop proposals for increasing the volume of mutual agricultural trade, the parties agreed to establish a working group on the main areas of cooperation in industry and agriculture between the EEC and the Ministry of Agriculture and Cooperatives of Thailand.
For reference
ESCAP is the United Nations Economic and Social Commission for Asia and the Pacific. It is one of the five regional commissions of the United Nations. The ESCAP headquarters is located in Bangkok, the Kingdom of Thailand. The ESCAP includes