21.10.2022 (Обновлено: 28.10.2022 14:24)

EAEU countries’ Heads of Governments approved report on results of annual monitoring and analysis of implementing Main Directions of Industrial Cooperation

At a meeting on October 20-21, the Eurasian Intergovernmental Council approved a report on the results of the annual monitoring and analysis of the implementation of the Main Directions for Industrial Cooperation (MDIC) within the framework of the Eurasian Economic Union.
The report noted that the values of indicators for the development of industry and cooperative cooperation in the Union for 2021 allow us to talk about positive aspects in the development of the industry of the Member States.

Thus, an increase in the volume of industrial production was noticed in all countries of the Union. Moreover, in the Union as a whole, this figure increased by more than 5%. The volume of mutual cooperative deliveries increased by 40%.

At the same time, taking into account the ongoing changes in the economic situation and external challenges, the industrial bloc of the Commission, together with the state authorities of the countries of the Union, developed and presented in the report proposals on the priorities for further development of integration in the industrial sector and the prompt elimination of the negative impact on the industrial sector of the parties.

The report will be sent to the governments of the Union States. In the near future, the guidelines for the development of industrial cooperation presented in the document will become an important tool for coordinating actions to implement the measures set forth in the MDIC, and will also contribute to the solution of the tasks set in all areas of Eurasian industrial integration.

For reference

Preparation of the report is provided for in Article 92 of the Treaty on the Eurasian Economic Union, as well as in the Main Directions of Industrial Cooperation within the EAEU.