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The Chairman of the Board,The Eurasian Economic Commission
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24 Jun 2025
Anti-dumping duty on hot-deformed seamless pipes from PRC extended for five years
The Board of the Eurasian Economic Commission extended the anti-dumping duty on hot-deformed seamless pipes made of corrosion-resistant steel originating in the PRC until June 9, 2030 inclusive. "The decision was adopted following a repeated anti-dumping investigation initiated by the Department for Internal Market Protection on September 25, 2024 due to the expiration of the applied measure under the claim submitted by pipe manufacturers from the Eurasian Economic Union countries," noted Andrey Slepnev, the EEC Minister in charge of Trade. The claim was filed by Volzhsky Pipe Plant JSC, Pervouralsk Pipe Plant JSC and Chelyabinsk Pipe Rolling Plant JSC. The anti-dumping duty in respect of hot-deformed seamless corrosion-resistant steel pipes from the PRC was established in accordance with Decision No. 218 of the Eurasian Economic Commission's Board dated December 3, 2019. The amount of duty is 15.5% of the customs value. The measure was extended for the period of repeated investigation.
24 Jun 2025
EAEU countries discussed approaches to establishing common financial market
The Advisory Committee on Financial Markets under the Eurasian Economic Commission's Board discussed approaches to the further establishment of a common financial market of the Eurasian Economic Union, harmonization and improvement of legislation. The meeting was held at the EEC headquarters under the chairmanship of Bakhyt Sultanov, Minister in charge of Economy and Financial Policy of the Commission. It approved the report on the implementation of the action plan on harmonizing the financial market legislation of the EAEU States for 2024. "The report reflects the work on harmonizing the legislation in the banking and insurance sectors and the securities market, carried out by the Commission jointly with financial regulators," noted Bakhyt Sultanov, "Establishment of harmonized requirements for regulation and supervision in the field of financial markets is one of the necessary conditions for the creation of a common financial market of the EAEU." The meeting participants discussed further steps to establish a common financial market of the Union. As part of implementing the instruction of the Supreme Eurasian Economic Council, a new version of the draft SEEC disposition was considered, which includes provisions concerning the possibility of applying a multilevel approach to the regulation of activities of financial institutions and updating the time frames for harmonization. The Advisory Committee members approved the recommendations of the EEC Council on agreed proposals on harmonizing of legislation of the Union states in terms of the glossary and establishment of requirements for brokers in the securities market and for admission of insurance companies to the EAEU common financial market. They also reviewed the draft report on addressing the issues of the rating industry of the Union States, prepared by the Commission jointly with the authorized authorities of the EAEU countries within the framework of the action plan for implementing the Strategy 2025.
24 Jun 2025
EEC prepared recommendations on qualification requirements for construction professions
The Eurasian Economic Commission’s Board adopted the recommendation "On Required Qualifications for the Most In-Demand Professions in the Field of Construction". The document is aimed at unifying professional standards in the EAEU countries and improving the quality of construction works. The recommendation was developed in pursuance of the Action Plan for implementing the Strategy 2025 and establishes a minimum list of knowledge and skills for workers of different qualification levels, taking into account the specifics of the construction industry. "The adoption of the recommendation is an important step toward the development of a common labor market within the EAEU. Unified standards will help ensure an equal level of training of construction workers in all countries of the Union, which will ultimately have a positive impact on the quality of infrastructure projects and safety of facilities," Bakhyt Sultanov, the EEC Minister in charge of Economy and Financial Policy, commented on the document. The qualification standards will become a model for the development of national requirements and can be used in the countries when preparing professional training programs. Earlier, the EEC Board adopted recommendations on qualification requirements for the most in-demand professions in education, health care, road transport and housing and utilities.
24 Jun 2025
Lists of standards to technical regulations in the field of rail transport updated
At its June 24 meeting, the Eurasian Economic Commission's Board approved amendments to the lists of standards to the technical regulations of the Union "On Safety of Railway Rolling Stock", "On Safety of High-Speed Rail Transport" and "On Safety of Rail Transport Infrastructure". Some provisions of the lists were clarified and detailed, with editorial and technical inaccuracies eliminated. This contributes to the establishment of a uniform practice of implementing technical regulations in the railway sector by all stakeholders: manufacturers of rail transport, conformity assessment bodies and testing laboratories carrying out conformity assessment with the requirements of the EAEU technical regulations. The adopted amendments will come into effect after 30 calendar days have elapsed from the date of official publication of the decision by the EEC Board and will apply to legal relations arising from January 15, 2025.
24 Jun 2025
Vahagn Ghazaryan participated in events of Eurasian Research and Practice School in Minsk
Vahagn Ghazaryan, Director of the Tariff and Non-Tariff Customs Regulation Department of the Eurasian Economic Commission, opened (via video conferencing) the third EEC model "Decision-Making in the Field of Tariff Customs Regulation of the Eurasian Economic Union" held as part of the Eurasian Research and Practice School "The Global Economy Space: Ideas, Strategies, Interaction" in Minsk. Over one hundred students from different CIS countries participate in the event. The purpose of the event is to popularize Eurasian integration among the youth of the CIS countries by reproducing the work of the Eurasian Economic Commission through simulating the Advisory Committee on Trade (Subcommittee on Customs Tariff and Non-Tariff Regulation and Protective Measures). "The already traditional EEC model on customs tariff regulation is an excellent example of introducing young people to the activities of the Commission. The participants will acquire skills in international trade negotiations for a deeper understanding of the integration processes in the EAEU," mentioned Vahagn Ghazaryan.
20 Jun 2025
Andrey Slepnev spoke at SPIEF 2025 sessions about e-commerce development and challenges of multipolar global economy
On June 20, Andrey Slepnev, Minister in charge of Trade of the Eurasian Economic Commission, spoke at the session Transnational E-Commerce: Putting New Rules in Place at the St. Petersburg International Economic Forum 2025. "When we talk about e-commerce regulation in the Union, we are discussing two topics: internal e-commerce between the Member States and foreign e-commerce with third countries," he recalled. The EEC Minister noted that in terms of foreign e-commerce, unequal conditions for the activities of domestic retailers and far abroad traders, when duties and taxes are not paid and the rules of technical regulation are not observed, will largely go away once the ratification procedure for amendments to the Customs Code is completed. "As far as our domestic regulatory framework is concerned, there is the issue of the ratio of national and transnational platforms, which is well regulated in the draft Agreement on Electronic Commerce in Goods in the EAEU. Three pillars of non-discrimination are stipulated there: by sellers, products and platforms," told Andrey Slepnev. According to him, the purpose of the Agreement is to provide businesses with better conditions in terms of digitalization of documents, protection of consumer rights in the country of destination, coordinated operation of the Union-specific structure for selling goods, including sellers, marketplaces and buyers from different EAEU Member States. Andrey Slepnev dwelt separately on the advantages offered by the Union's preferential trade agreements with third countries. He emphasized that all partners are willing to cooperate on e-commerce, which provides possibilities for SMEs to promote the export of goods. Also on that day, the head of the EEC trade unit took part in the session Shaping a Multipolar Economy: the Role of Russia and Eurasia, where he emphasized that at the moment world politics largely determines economic and trade transformation. This is well illustrated by the figures: if in 2021 the share of Western countries in the EAEU trade amounted to 58%, in 2024 it was already 18%. Meanwhile, for the BRICS countries and Türkiye, it rose from 30% to 56% during that period. Against this background, the Eurasian Economic Union demonstrates a high potential for preferential trade. In this regard, Andrey Slepnev touched upon the issue of concluding a free trade agreement with Indonesia, "Yesterday we completed substantive negotiations with this largest country in Southeast Asia, whose population exceeds 280 million people. We still have a number of technical issues that we will hopefully resolve within two weeks. So there is every chance of signing the agreement with Indonesia before the end of this year."
20 Jun 2025
Andrey Slepnev: "It is possible to create a market and fiscal system based on the principle of carbon footprint offset by accommodating the results of climate projects."
This opinion was expressed by Andrey Slepnev, Minister in charge of Trade of the Eurasian Economic Commission, at the session International Trade and Climate Regulation: Barrier-Free Solutions for BRICS, SCO, EAEU and APEC held by the EEC within the framework of the St. Petersburg International Economic Forum 2025. "The system could be based on carbon footprint validation and offsetting, which implies higher costs for industrialized economies and lower such costs for developing countries where there are great possibilities for climate projects," the EEC Minister explained. As Andrey Slepnev noted, more international coordination is needed to ensure that national climate regulation does not turn into a trade barrier. In the case of the EAEU, the necessary measures are provided for in the Eurasian Economic Path Declaration. Thanks to them, the climate agenda should act as a driver rather than a brake on economic development. The EEC Minister also participated in the session Energy Sector Capital: Seeking Effective Solutions for Developing Nations, where he emphasized that only a reasonable combination of investments in green projects, net-zero emission projects and transit/transition technologies can make it to a rational approach, ensuring both technological transformation and decent economic growth rates. On the sidelines of the Forum Andrey Slepnev discussed bilateral trade and economic cooperation with Samir Abdelhafid, Minister of Economy and Planning of the Republic of Tunisia. It bears reminding that in January 2025, the parties established a joint research group to study the feasibility of concluding a free trade agreement between the EAEU and Tunisia. In addition, the head of the EEC trade unit held meetings with Dmitry Kim, CEO of Ozon Holding, and Tatyana Kim, founder of Wildberries, where the topics of e-commerce regulation in the EAEU were touched upon, as well as the possible entry of marketplaces into new promising foreign markets.
20 Jun 2025
Bakytzhan Sagintaev: "The Commission seeks to create better conditions for developing the real sector of the EAEU economies"
Bakytzhan Sagintaev, Chairman of the Eurasian Economic Commission's Board, took part in the plenary session of the 28th St. Petersburg International Economic Forum on June 20. The Head of the Commission's Board also spoke at the session Synergy in the EAEU’s Real Sector: Responding to Today’s Challenges. In his report Bakytzhan Sagintaev emphasized that the real sector plays an important role in the economy of each country of the Eurasian Economic Union, ensuring production of goods and services, offering employment and serving as the basis for sustainable development. "In 2024, industrial output in the Union increased by 4.5%. Mutual supplies between the EAEU countries increased by 8.1%, investments in fixed assets — by 7.5%," told Bakytzhan Sagintaev. For the progressive development of industrial cooperation within the EAEU, the Main Directions of Industrial Cooperation until 2030 are defined. "The main emphasis is placed on the development of cooperation ties between enterprises, including through the localization of joint knowledge-intensive ventures," noted the Head of the EEC Board. In conclusion, Bakytzhan Sagintaev outlined a number of challenges that, when addressed, will contribute to creating the necessary conditions for developing the real sector of the Union economies and increasing the volume of mutual and foreign trade. The priorities of each Member State of the Eurasian integration association are the basis of common efforts to ensure the dynamic development of the Union, as the Head of the EEC Board emphasized. These are economic growth, job creation, investment attraction, technological development and increasing the competitiveness of EAEU products in international markets.
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