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08 Apr 2025
EAEU identified industries with greatest cooperation and export potential
On April 8, the Board of the Eurasian Economic Commission approved the report "On the Results of Analyzing Promising Markets and Industries for Joint Exports of Non-Resource, Including High-Tech, Products of the Eurasian Economic Union Member States". The report identifies the industries, including high-tech ones, that have the greatest cooperation and export potential. In particular, these are the chemical, metallurgical, pharmaceutical, electro-optical, automotive and aircraft industries. The recommendations set out in the document are aimed at ensuring the growth of priority industries, the promotion of innovation activity, the joint development of knowledge-intensive industries, as well as exploring new types of competitive export-oriented products. "The Union countries have significant scientific and industrial potential for the development of key industries," emphasized Goar Barseghyan, EEC Minister in charge of Industry and Agriculture. "At the same time, import substitution in high-tech industries, such as machine building, electronics and chemicals, remains a priority in the cooperation between the Member States."
08 Apr 2025
David Gevorgyan appointed Deputy Director of EEC Administrative Department
David Gevorgyan was born on April 28, 1986 in Yerevan. In 2007, he graduated from the International Academy of Entrepreneurship. From 2007 to 2012, he worked at the Ardef Development Fund of Armenia, serving as its head the last three years. 2012–2016: Chief Specialist of the First Division for the Implementation of the Economic and Social Security Strategy of the Department for the Implementation of the National Security Strategy, the Office of the National Security Council of the Republic of Armenia. 2016–2018: Aide to the Head of the Presidential Executive Office of the Republic of Armenia. From 2018 to 2022, he was in charge of protocol of the Vice Prime Minister of the Republic of Armenia. In 2022–2025, he was Aide to the Minister in charge of Internal Markets, Informatization, Information and Communication Technologies of the Eurasian Economic Commission. Since April 1, 2025 he was appointed Deputy Director of the Eurasian Economic Commission's Administrative Department.
08 Apr 2025
Alexander Titov appointed Deputy Director of EEC Department for Customs Legislation and Law Enforcement Practice
Alexander Titov was born on November 12, 1965 in Ufa, the Russian Federation. In 1987, he graduated from Ufa State Aviation Institute. In 1989-1991, he served in the Army. From 1992 to 2001, he worked at the Ufa Customs, rising from an inspector to deputy chief. In 2001-2004 and 2011-2014, Alexander Titov served in the Representative Office of the Russian Customs Service in Ukraine. From 2014 to 2024, he held various positions in the central office of the Federal Customs Service. His latest position was Deputy Head of the Main Directorate "Center for Monitoring and Operational Control of the FCS of Russia". In 2024–2025, he served as Director of the Eurasian Economic Commission's Department for Customs Legislation and Law Enforcement Practice. Alexander Titov has a number of departmental and state awards. Since April 1, 2025 he was appointed Deputy Director of the Eurasian Economic Commission's Department for Customs Legislation and Law Enforcement Practice.
07 Apr 2025
Alexey Vedev appointed Director of EEC Macroeconomic Policy Department
Alexey Vedev was born on April 15, 1960 in Moscow. In 1983, he graduated from the Faculty of Cybernetics at Moscow Engineering Physics Institute. In 1991, he took a course at Harvard University on using equilibrium models in economics. He also studied at International Institute for Applied Systems Analysis (IIASA, Vienna, Austria). He is a Doctor of Economics. In 1985-1996, he was a senior research fellow at the CEMI RAS. From 1993 to 2006, he also worked as Editor-in-Chief of the journals Economic Development of Russia and Financial Markets Review. In 1993-2014, he headed the Vedi Analytical Laboratory. In 1996, he became a visiting professor at Hitotsubashi University, Tokyo, Japan. The same year he started working at DialogBank. He led the Information and Analytical Office, then the Sales and Customer Service Office of the Financial Markets Group and later was the Chief Economist. Since 2004, he was heading the Center for Development economic research fund for three years. Until 2007, he served as a National Expert at Global Source Partners (New York, USA). In 2007-2011, he was Director of the Center for Strategic Research at Bank of Moscow. From 2011 to 2014, he was Financial Research Director at the Center for Strategic Research fund, Executive Vice President of the Association of Russian Banks, then Director of the Center for Structural Research at the Gaidar Institute for Economic Policy. From August 2014 to February 2017, he served as Deputy Minister of Economic Development of the Russian Federation. Since 2017, he has been a senior research fellow at the Financial Research Laboratory of the Gaidar Institute for Economic Policy and Head of the Structural Research Laboratory, IAER, RANEPA. He is a member of the working group of the Economic Council under the President of the Russian Federation focused on "Priorities of Structural Reforms and Sustainable Economic Growth". On April 7, 2025, he was appointed Director of the Eurasian Economic Commission's Macroeconomic Policy Department.
07 Apr 2025
Nikolay Kushnarev: "We are interested in expanding industrial cooperation with Mexico"
Nikolay Kushnarev, Director of the Eurasian Economic Commission's Industrial Policy Department, proposed to consider the possibility of concluding a memorandum on industrial cooperation with Mexico at the Russia – Mexico Business Forum. "We are interested in building a substantive architecture of cooperation between the Eurasian Economic Union and Mexico in order to implement joint initiatives and mutually beneficial industrial projects," Nikolay Kushnarev mentioned. The experience of Mexico and other Latin American countries in using the mechanism of special economic areas and industrial clusters is of interest to the EEC and the Union countries. There is a certain potential for cooperation between the EAEU and Mexico to create new value chains and transfer technology. "We have a solid foundation for developing joint initiatives in the form of memoranda with the Latin American Economic System and the Secretariat for Central American Economic Integration. Moreover, we propose to consider the possibility of concluding a separate memorandum with Mexico, so as to reflect the relevant areas of our possible cooperation," said the Head of the EEC Department. Nikolay Kushnarev expressed his hope for further fostering of dialogue with Mexican government agencies and businesses and invited his colleagues to participate in the Eurasian Economic Forum in June this year in Minsk. Exports of cooperative (intermediate) industrial products from the EAEU to Mexico mainly come from the metallurgical and chemical industries (61.6% and 34.6% of total exports of cooperative products in 2024, respectively). Imports from Mexico to the EAEU are chemical industry products, machinery and equipment (not included in other groupings) and other industrial goods, which together account for about 64% of total imports of cooperative products.
03 Apr 2025
Georgy Arzumanyan: "The EAEU can become a platform for deepening cooperation between Europe and Central Asia"
Georgy Arzumanyan, Deputy Director of the Eurasian Economic Commission's Industrial Policy Department, took part in the session "The Art of Keeping Doors Open: What Insights from Central Asia for the 21st Century?" as part of the anniversary flagship conference of the Association of European Businesses. The event brought together major business leaders, experts and representatives of public authorities to discuss the prospects for working relations with European businesses in 2025. Emphasizing the important role of Central Asia in the integration processes across the Eurasian space, Georgy Arzumanyan noted that Kazakhstan and Kyrgyzstan are members of the Eurasian Economic Union, and Uzbekistan has observer status at the EAEU. "An important item of our integration agenda is the support to the real sector and the development of industrial cooperation," noted Georgy Arzumanyan. "The Commission establishes cooperation chains in such sectors as machine building, oil and gas equipment production, light industry, chemical industry and others." Georgy Arzumanyan also emphasized that the Central Asian states have significant resource potential and demonstrate dynamic growth of industrial capacities. On the one hand, this provides good opportunities for the countries of the region to participate in creating joint high-tech ventures within the EAEU and on the other hand, enables Eurasian and European investment and new technological partnerships in Central Asia. According to the EEC representative, taking into account the existing tools for supporting the real sector, there are also opportunities for using the mixed financing mechanism, including through cooperation between financial institutions and development institutions. The Association of European Businesses (AEB) is the main representative body of foreign investors in Russia. Founded in 1995, the AEB is an independent non-profit organization of over 380 European and Russian companies. The AEB includes large international corporations, small and medium-sized enterprises not only from Europe, but also from other regions around the world.
03 Apr 2025
Naira Karapetyan: "The EAEU countries have all the prerequisites for strengthening their current positions and gaining new ones in the global vegetable oil market"
Naira Karapetyan, Director of the Eurasian Economic Commission's Agricultural Policy Department, noted the high performance of the oil and fat industry in the Eurasian Economic Union at the plenary session of the 2025 Oil and Fat Conference in Moscow. The Commission's representative informed the session participants that in 2024 gross yields of the main types of oilseed crops in the EAEU reached 34.6 million tons, which is 33% more than in 2019. The high yield contributed to a 1.5 times increase in vegetable oil production — up to 11.6 million tons. The Member States sell their finished products to over 120 national markets, in addition to meeting the domestic demand. The EAEU's key trading partners are China, India, Türkiye, Iran, Algeria, Uzbekistan and Tajikistan. The Union ranks second in the world in supplies of sunflower oil and third in rapeseed oil. "The Union countries have all the prerequisites for strengthening their current positions and gaining new ones in the global market. In this context, it is important to take coordinated decisions so as not to compete but to complement each other for mutual benefit. The Commission is ready for direct dialogue with business representatives to establish cooperation conditions meeting the needs of the real sector," summarized Naira Karapetyan.
03 Apr 2025
Association of European Businesses' representatives discussed developing customs regulation across EAEU
Ruslan Davydov, Minister in charge of Customs Cooperation of the Eurasian Economic Commission, took part in a customs conference organized by the Association of European Businesses in Moscow. At the plenary session, the EEC Minister spoke about the plans to improve customs regulation, paying special attention to the work to develop the transit potential of the Eurasian Economic Union. Ruslan Davydov explained the need for priority development of checkpoint infrastructure on the external customs border of the Eurasian Economic Union as a crucial element in establishing transport and logistics corridors across the EAEU. "It is important to develop not only physical infrastructure, but also to introduce breakthrough digital technologies to create a unified integrated information system of border crossing points. All EAEU countries have positive experience in such activities. Now it is necessary to set about unifying technological solutions based on the best global practices," Ruslan Davydov emphasized. In order to ensure coordinated and synchronized work on fitting out checkpoints on the EAEU customs border, the EEC is currently developing common mandatory minimum requirements for the relevant infrastructure, the implementation of which will simplify customs operations and reduce the time required to pass a checkpoint while maintaining the necessary supervision level.
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