29 Mar 2024 Protection of intellectual property rights in EAEU discussed at American Chamber of Commerce in Russia The report of Nurzhamal Ilyasova, Deputy Director of the Eurasian Economic Commission's Business Development Department, on practical steps aimed at forming an efficient system of intellectual property rights protection in the EAEU, was met with great interest by the meeting of the Customs and Transport Committee of the American Chamber of Commerce in Russia, held on March 29, 2024. The Committee members discussed in detail the information provided by Nurzhamal Ilyasova regarding the latest Eurasian trends aimed at improving customs tools to counteract the inflow of counterfeit goods into the EAEU internal market. According to the EEC representative, the priority directions include the work on launching a common customs registry of intellectual property objects, optimization of customs control procedures for the movement of goods containing intellectual property objects, as well as analysis and adjustment of law enforcement practice in the field of combating violations of the copyright holders' rights. The meeting attendees shared their views on the prospects for developing law enforcement and judicial practice in the field of intellectual property, and discussed other relevant aspects of protecting and enforcing intellectual property rights. For reference The American Chamber of Commerce in Russia (AmCham Russia) is the leading foreign business association in Russia. Founded in 1994, AmCham represents the interests of major U.S. corporations, Russian companies, and companies from Europe and Asia. AmCham's mission is to promote a sustainable market environment conducive to business operations in Russia.
19 Mar 2024 Bakhyt Sultanov, "The share of positive assessments of the impact of draft EEC decisions on the business environment has reached the maximum level" The Eurasian Economic Commission's Board considered the annual report on monitoring the regulatory impact assessment (RIA) with regard to the Commission’s draft decisions in 2023. On average, there are more than 14 business proposals per draft decision. This confirms the real demand for the RIA procedure by the business community of the EAEU countries. "The share of positive opinions on RIA reached 98% – this is the highest level for the period of monitoring since 2015, which confirms the overall focus of the Commission's regulatory activity on improving the business environment," said Bakhyt Sultanov, EEC Minister in charge of Economy and Financial Policy. The report also provides information on the readiness of the regulatory framework for the implementation of the actual impact assessment (AIA) of the adopted EEC decisions, as well as for the extension of AIA to draft international treaties within the Union. These procedures started to apply in March 2024. The annual RIA monitoring report will be submitted to the Council of the Eurasian Economic Commission and subsequently presented to the Eurasian Intergovernmental Council for approval. For reference RIA is the procedure for assessing the impact of draft EEC decisions on the business environment. It takes into account the position of businesses of the EAEU countries. The RIA procedure consists of two stages: current assessment, i.e. public discussion of the EEC's draft decision on the Union's website for at least 30 calendar days and final assessment, i.e. preparation of the RIA statement by a specially created Working Group of the EEC. 
EEC discussed issues related to stay of self-employed persons from EAEU countries in Russia 15 Mar 2024 EEC discussed issues related to stay of self-employed persons from EAEU countries in Russia Questions concerning the period of stay of citizens of the Eurasian Economic Union States working in the Russian Federation as self-employed persons were considered by participants in the working group on migration under the Advisory Committee on Migration Policy under the Board of the Eurasian Economic Commission. The meeting was attended by representatives of the EEC, authorized authorities of the Union countries, as well as experts on migration and social protection issues. Oleg Artamonov, Deputy Director of the Commission's Department for Labor Migration and Social Protection, said that Russia continued the experiment to introduce the special tax regime called Tax on Professional Income, under which citizens of the Union countries can register as self-employed. "According to the Federal Tax Service of Russia, over 183,000 self-employed citizens from the EAEU states were registered in the country for the first nine months of 2023," the EEC representative noted. Participants in the working group (representatives of the Russian Ministry of Internal Affairs) shared that if a citizen of one of the Union states working in the Russian Federation as a self-employed person had a civil law contract (including a contractor's agreement, or a contract for the purchase of services and other similar contracts), that might be grounds for extending the period of his/her stay in the territory of the Russian Federation. Following the discussion, it was decided to continue the work on developing a common approach to the mechanism for extending the period of stay of EAEU citizens who are payers of tax on professional income.
14 Mar 2024 Bakhyt Sultanov: " The EEC activity is aimed at continuous improvement of the EAEU business environment" On March 14 in Moscow, Bakhyt Sultanov, Minister in charge of Economy and Financial Policy of the Eurasian Economic Commission, spoke at the plenary session of the 10th American Chamber of Commerce Conference on the Eurasian Economic Integration. The Minister informed entrepreneurs and investors about the tools of interaction between the Commission and the business community, improvement of the contractual and legal framework of the Eurasian Economic Union, identification and removal of obstacles in mutual trade, development of investment and cooperation, expanded sectoral coverage of the single market of services, and approaches to establishing the EAEU common financial market. Bakhyt Sultanov made an emphasis on the Commission's new real tool available from this year – financial promotion of industrial cooperation projects. In this regard, the EEC Minister invited entrepreneurs to be more active in initiating projects and applying for support measures. "The Commission aims to create better conditions for doing business through the development of integration processes in the Eurasian space. We are interested in further expansion of dialogue with the business community, and joint elaboration of issues of interest to representatives of business circles," Bakhyt Sultanov noted. Within the discussion part of the conference, Ernar Bakenov, Director of the EEC Business Development Department, answered questions from the representatives of the American Chamber of Commerce regarding doing business in the EAEU
13 Mar 2024 EAEU created a regulatory legal framework for assessing regulation impact on businesses On March 13, the Board of the Eurasian Economic Commission addressed the introduction of a new procedure — actual impact assessment (AIA) of decisions taken by the Commission on entrepreneurship within the Eurasian Economic Union. Draft international treaties within the EAEU will now undergo regulatory impact assessment (RIA), too, in addition to draft decisions of the EEC Board, as was previously the case. “The adoption of this decision made it possible to complete the establishment of the regulatory legal framework necessary for the introduction into the Commission's practice of procedures for assessing the impact of supranational regulation on the conditions for doing business in the Union. The launch of the AIA and the expansion of the RIA to draft international treaties will make it possible to assess the entire life cycle of regulation in the Union. Also, the procedures will allow to identify relationships between the goals of adopting a regulatory legal act and the effect that it entailed,” noted Bakhyt Sultanov, EEC Minister in charge of Economy and Financial Policy. According to Bakhyt Sultanov, the introduction of these procedures will increase the involvement of business community representatives of the Five States in the processes of establishing and improving regulation in the EAEU. For reference The requirement to carry out AIA procedures for decisions adopted by the EEC and RIA for draft international treaties within the EAEU is provided for by the Second Major Protocol on Amendments to the Treaty on the EAEU, signed on March 31, 2022 and effective since February 12, 2024. The procedure for conducting AIA for decisions adopted by the EEC and RIA for draft international treaties within the EAEU is established by amendments to the EEC Rules of Procedure, approved by Decision No. 23 of the Supreme Eurasian Economic Council dated December 25, 2023, which also came into force on February 12, 2024.
22 Feb 2024 EEC to get problematic issues of EAEU business under constant control On February 22 in Astana, a meeting between the Eurasian Economic Commission's delegation chaired by Bakhyt Sultanov, EEC Minister in charge of Economy and Financial Policy, and representatives of the Kazakh business community took place at the venue of the Atameken National Chamber of Entrepreneurs of the Republic of Kazakhstan. "Holding meetings with representatives of the business community, especially in a face-to-face on-site format, is a very efficient form of interaction between the Commission and the business community and makes it possible to share proposals and discuss issues of concern to entrepreneurs during direct dialogue," Bakhyt Sultanov noted.  The EEC Minister informed on the amendments made to the Treaty on the Eurasian Economic Union aimed at solving the problems of entrepreneurs and increasing their involvement in the integration processes in the Eurasian space. Ernar Bakenov, Director of the EEC Business Development Department, presented information on the progress and results of solving problematic issues reported by representatives of the Kazakh business circles at previous meetings. The Commission's representative informed on the progress made in solving issues in regulation of medical product circulation, technical regulation, internal market functioning, and taxation in mutual trade in goods.  The EEC representatives answered the entrepreneurs' questions and accepted their issues for elaboration, which will involve the Commission's sector-specific departments. Following the meeting, an arrangement was reached for the supranational body to constantly monitor and control relevant matters and problems of the business community representatives with regular videoconferences.
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