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10 Jul 2025 Bakhyt Sultanov held negotiations on artificial intelligence and copyright Bakhyt Sultanov, Minister in charge of Economy and Financial Policy of the Eurasian Economic Commission, participated in a series of meetings of the Assemblies of the Member States of the World Intellectual Property Organization (WIPO) at the WIPO headquarters in Geneva. They considered some issues related to developing artificial intelligence and improving legal regulation in the field of copyright protection, trademarks, geographical indications and other intellectual property objects. On the margins of the Assemblies, the EEC Minister held a meeting with Habib Assan, Director of the Department for Transition and Developed Countries at WIPO. The sides discussed the results of interaction between the Commission and WIPO within the previously reached arrangements. In particular, they confirmed the possibility of participation of WIPO representatives in the forthcoming International Anti-Counterfeiting Forum in October 2025, as well as possible participation of the Commission's representatives in the activities of WIPO Standing Committees and Working Groups. “In its work on establishing an efficient intellectual property system in the EAEU countries, the Commission relies on the extensive experience of WIPO as an international organization that facilitates the enforcement of intellectual property rights around the world,” Bakhyt Sultanov noted. Besides, the EEC Minister held a meeting with Alexei Kurman, Director General of the National Center for Intellectual Property of the Republic of Belarus, and Sholpan Abdreeva, Chairman of the Committee on Intellectual Property Rights of the Ministry of Justice of the Republic of Kazakhstan. The sides discussed building systematic interaction in the field of intellectual property, as well as promoting integration potential in accordance with the tasks facing the EAEU countries, including as part of implementing “The Eurasian Economic Path” Declaration. WIPO is a specialized agency of the UN system, having 194 Member States. WIPO's activities are dedicated to developing a balanced and efficient international intellectual property system. The Assemblies hold meetings on an annual basis to review the current global situation in the field of intellectual property. A Memorandum of Understanding between the EEC and WIPO was concluded in 2019.
Bakhyt Sultanov held negotiations with Chair of the Central Bank of Russia Elvira Nabiullina 02 Jul 2025 Bakhyt Sultanov held negotiations with Chair of the Central Bank of Russia Elvira Nabiullina Bakhyt Sultanov, Minister in charge of Economy and Financial Policy of the Eurasian Economic Commission held a working meeting with Elvira Nabiullina, Chair of the Central Bank of the Russian Federation, on the sidelines of the Financial Congress of the Bank of Russia on July 2 in Saint Petersburg. The two sides discussed approaches to harmonization and further establishment of the common financial market of the Eurasian Economic Union, considered problematic issues of the draft Action Plan for implementing the Eurasian Economic Path Declaration on Further Development of Economic Processes within the EAEU until 2030 and for the period until 2045. Also as part of the visit, Bakhyt Sultanov had a working meeting with Olga Polyakova, Deputy Chair of the Central Bank of the Russian Federation, on the establishment and harmonization of a common financial market. "The establishment of a common financial market is one of the strategic objectives of the EAEU. Harmonization of approaches in this area will allow us to create a common, transparent and reliable financial space, which will undoubtedly serve as a powerful incentive for investment and will ensure stability for the economic development of all Member States of the Union," the EEC Minister stressed. The Congress has traditionally been a leading platform for business dialogues between representatives of the Bank of Russia's management, leading Russian financial organizations, public authorities and the expert community. Participants discuss issues of financial market regulation, development of its digital infrastructures, the condition and prospects of the exchange space and payment systems. "Such platforms as the Financial Congress of the Bank of Russia are important for the development of a constructive dialogue and discussion of key trends and challenges of the modern financial environment, allowing participants to develop effective measures aimed at stability and sustainable development of the financial sector of all EAEU countries", noted Bakhyt Sultanov.  
27 Jun 2025 Supreme Eurasian Economic Council approved report on liberalizing certain EAEU service sectors A meeting of the Supreme Eurasian Economic Council adopted a report on implementing liberalization plans for certain service sectors within the EAEU. The report presents the results of the 2024 monitoring of tourism, meteorology, surveying, appraisal activities, construction and cinematography. The meeting took note of finalizing the development of administrative cooperation agreements as well as elaborating methodological recommendations for harmonizing regulation in these sectors. "The adopted report reaffirms our shared commitment to creating a common market of services without barriers. Liberalization of key sectors will open up new business opportunities and strengthen economic interaction between the Union countries. It is especially important now to focus on the coordination of methodological approaches to ensure equal conditions for all market participants," commented Bakhyt Sultanov, Minister in charge of Economy and Financial Policy of the Eurasian Economic Commission. 
27 Jun 2025 EAEU summarized results of compliance with Rules for Regulating Trade in Services in 2023–2024 The Supreme Eurasian Economic Council reviewed the Report prepared by the countries' governments and the Eurasian Economic Commission on the results of monitoring the implementation by the Eurasian Economic Union States of the provisions of the Rules for Regulating Trade in Services, Incorporation and Activities in 2023–2024. The Report reflects key aspects of compliance with the Rules, in particular the application of business-friendly procedures in the states. These include regulatory impact assessment (RIA), application of the "silence implies consent" principle and introduction of a risk-based approach to business inspections. "We see positive dynamic in the incorporation of the Rules in the legislation of the participating countries. The report confirms that the implementation of conditions stipulated in the document reaches 100 percent. This is an important step toward creating transparent and comfortable conditions for business within the Union," said Bakhyt Sultanov, EEC Minister in charge of Economy and Financial Policy. The EEC Minister drew attention to the importance of implementing the principle "silence implies consent," according to which the competent public authority within the established time limit must either issue a relevant permit to the applicant or provide a reasonable rejection, otherwise the applicant automatically acquires the right to perform the activity for which the application was submitted. The Report for 2023–2024, as well as for prior periods, is available on the Commission's website.
27 Jun 2025 EAEU defined Main Directions of Economic Cooperation in Sports Today, the leaders of the Eurasian Economic Union five States approved the Main Directions of Economic Cooperation in Sports. The document, envisaged in the Strategy for Developing Eurasian Economic Integration until 2025, defines the main cooperation directions: the development of sports infrastructure, increased production of sports goods and their exchange, the development of sports industry services, including sports tourism, as well as the organization of joint forums and exhibitions. The geographical proximity of the Five countries and developed sports infrastructure are highlighted as the main factors of economic cooperation. "Together, these factors create a favorable basis for synergy and enhanced integration processes. Jointly, we will be able to provide citizens of the Union with quality sports products, develop sports infrastructure and bring economic cooperation in the field of sports to a new level," commented Bakhyt Sultanov, Minister in charge Economy and Financial Policy of the Eurasian Economic Commission.  
26 Jun 2025 EEF 2025 Discussed Future of Labor Migration in Eurasian Economic Union The participants of the thematic session "Common Labor Market: Challenges and Prospects" held on the sidelines of the Eurasian Economic Forum 2025 in Minsk discussed the functioning of the EAEU common labor market, current difficulties and strategic development directions. The session was moderated by Bakhyt Sultanov, Minister in charge of Economy and Financial Policy of the Eurasian Economic Commission.  Opening the discussion, the EEC Minister noted, "For the EAEU, the common labor market is a kind of indicator of the efficiency of the Eurasian integration processes, since the quality of its functioning largely determines the extent to which its citizens feel the real benefits of integration and trust them." According to Bakhyt Sultanov, over the 10 years of the Union's functioning, equal access to employment for citizens of the EAEU countries, direct recognition of certificates of education in employment, social and pension benefits of migrant workers all have been ensured.  "These measures have led to a significant increase in mobility: the annual flow of labor migrants has grown from 770,000 in 2016 to more than 1 million in 2024," shared Bakhyt Sultanov. The session considered directions for further development of the common labor market, including legal framework improvements. The Commission constantly monitors changes in national legislation of the EAEU countries for compliance with the law of the Union in the field of labor migration. Digitalization of labor migration processes was named as a significant vector of development. The participants agreed that there is a need for jointly promoting and implementing digital solutions. It was noted that digitalization will not only optimize processes, but also provide EAEU citizens with more complete and timely information on employment opportunities and conditions of stay, minimizing barriers and risks of illegal migration. The session paid special attention to "platform employment", which is actively developing, but is not yet supranationally regulated in the EAEU, while in the Union Member States regulation of this form of employment is emerging. "Our continued success depends on our ability to respond quickly to change, to propose workable measures and to take into account the needs of the Union citizens. At the same time, it is important to involve the widest possible range of stakeholders in this work," the EEC Minister emphasized. Representatives of government agencies, businesses, trade unions and international organizations took part in the discussion. Many initiatives voiced at the session will be addressed by the EEC jointly with the EAEU countries to develop the common labor market further and improve its efficiency.
26 Jun 2025 Convergence of Qualification Requirements is One of Important Factors in Developing Labor Migration in the EAEU On June 26 on the sidelines of the Eurasian Economic Forum in Minsk, the round table "Labor Migration as a Resource for the EAEU States Sustainable Economic Growth: Creating Conditions for Attracting and Developing Qualified and Scientific Specialists within the EAEU" was held. The event was attended by representatives of public authorities, entrepreneurs, experts on labor migration, rectors of leading universities of Russia and Kyrgyzstan. The discussion focused on professional training of specialists in demand in the EAEU labor market, convergence of qualification requirements to them, continuous professional development and other issues of development of the Union's common labor market. Altynai Omurbekova, Director of the EEC Labor Migration Department, noted that the demand for qualified personnel continues to grow. The statistics shows positive dynamics: this year the registered unemployment rate in the EAEU has decreased to 0.7%, which is significantly less compared to the same period in 2024. Altynai Omurbekova presented a report on the convergence of qualification requirements for the most in-demand professions, prepared by the Commission jointly with the Member States for consideration at the meeting of the Eurasian Intergovernmental Council in August 2025. The analysis has shown that national qualification systems are structurally similar, but there are still differences in the procedures for verifying professional competencies. For example, requirements to welders range from mandatory certification in Kazakhstan to voluntary qualification assessment in Russia and Kyrgyzstan. In Armenia and Belarus such certification is not applicable at all. For consistent convergence of qualification requirements, the EEC has developed a list of the most in-demand professions (updated annually), as well as recommended qualification requirements to such professions in the areas of road transport, housing and communal services and construction, education and healthcare, which the Member States can use in the development of national standards. According to Altynai Omurbekova, one of the priority development areas for the EAEU common labor market is continuing the work with the member countries to develop recommended qualification requirements for the most in-demand professions for effective leveraging of knowledge and competencies acquired in different EAEU countries. "Convergence of qualification requirements and approaches to the assessment of professional skills of workers is an important step for further deepening of integration processes in the EAEU and the efficient utilization of labor potential of the Eurasian region," summarized the Director of the EEC Department.
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.
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