The financial support mechanism for industrial cooperation within the Eurasian Economic Union promotes technological development and new production models in the Member States, expands trade and economic ties between them, and increases mutual investment for industrial manufacturers of building materials and building structures.

This was reported by Georgy Arzumanyan, Deputy Director of the Eurasian Economic Commission’s Industrial Policy Department, at an industry seminar organized by the National Association of Manufacturers of Building Materials.

“Developing cooperation between the EAEU countries in the manufacture of building materials, as well as the exchange of technologies and expertise, will help stimulate the entire construction industry within the Union,” Georgy Arzumanyan emphasized.