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EEC presented a new mechanism to support industrial cooperation at the Caucasus Investment Forum
A new mechanism supporting industrial cooperation in the Eurasian Economic Union was presented by Nikolay Kushnarev, Director of the Industrial Policy Department of the Eurasian Economic Commission, at the round table "Competitive Advantages of the Caucasus for the Development of International Cooperation with Eurasian Partners" at the Caucasus Investment Forum in Grozny.
"This support measure is an important milestone in the development of Eurasian economic cooperation and, in fact, reflects a turning point in the transition from indirect measures of business support to the provision of financial assistance," Nikolai Kushnarev emphasized.
According to him, the unique nature of the presented mechanism is that it can be used for the implementation of industrial cooperation projects simultaneously with national and regional support measures, and also provides for various formats of cooperation organization.
Nikolay Kushnarev noted the readiness of the Commission to work more closely with entrepreneurs and banks on the formation and implementation of pilot projects within the above mechanism.
Representatives of the Ministry of Economic Development of Russia, the Government of the Republic of Dagestan, the Ministry of Economy of Azerbaijan, the Joint Stock Company "Caucasus. RF" and other participants of the event confirmed their interest in continuing cooperation with the EEC under the new mechanism.
