10
Apr

The 8th Session of the Consultative Committee for Entrepreneurship

Page ContentThe 8th Session of the Consultative Committee for Entrepreneurship under the EEC Board chaired by Timur Suleymenov, Member of the Board – Minister in charge of Economics and Financial Policy of the EEC, will be held in Minsk on April 10. The Members of the Consultative Committee, which represent the state authorities and business communities of the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan and the Russian Federation, as well as staff members of the Eurasian Economic Commission will take part in the session. In the course of the session information on the major innovations of the Treaty on the Eurasian Economic Union (EAEU) provisions are to be brought to the notice of the business community. The draft Regulations by the Member States of the EAEU of trade in services, establishment and operation will be introduced. Their adoption would eliminate existing and prevent the emergence of new excess standards in domestic (national) regulation of business activity and the emergence of barriers in this sector. In addition, the business community will be informed about the procedure of the Regulatory Impact Assessment (RIA) on the EEC draft decisions that may affect the business environment. Representatives of the Ministry of Economics of the Republic of Belarus will introduce the measures taken to support entrepreneurship in Belarus to the participants of the session. In order to create an infrastructure for the support of investment projects with integration potential, the session will consider the need to develop interaction mechanisms for the national development institutions of the EAEU Member States. At the end of the session, it is planned to discuss issues that are relevant to doing business in the territory of the EAEU, and may be of interest to the business community of the Republic of Belarus and the other Member States of the Union in the area of mutual trade, investment and foreign trade activities. Reference: The Consultative Committee for Entrepreneurship of the EEC is an advisory body under the EEC Board established by the Decision of the EEC Board No.171, dated September 25, 2012. Membership of the Consultative Committee was approved by the Board Decision No.204, dated October 01, 2013. Earlier, the sessions of the Consultative Committee were held in Moscow (in February and April 2013), Yekaterinburg (in June 2013), Almaty (in November 2013), Brest (in August 2014), Baikonur, Kyzylorda (in October 2014), and Kazan (in November 2014). The main task of the Consultative Committee is preparation of proposals, including that based on the best international practices, on the following issues: - development and implementation of the harmonized policy in the fields of business and investment activities in the Member States of the Customs Union and the Common Economic Space; - removal of excessive administrative barriers to entrepreneurship; - improvement of business environment, including investment activity and mutual trade in services in the territory of the Customs Union and the Common Economic Space. ​​