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20 Mar 2025
EEC and ASI developing cooperation
Eldar Alisherov, Minister in charge of Integration and Macroeconomics of the Eurasian Economic Commission, held a meeting with Svetlana Chupsheva, Director General of the Agency for Strategic Initiatives. The two sides discussed a number of promising areas of cooperation. Special attention was paid to sharing best practices. As the EEC Minister noted, the development of such interaction will facilitate using the most efficient tools in ensuring the four freedoms within the Eurasian Economic Union. As a result of the meeting, an agreement was reached to continue cooperation on issues of mutual interest. The Agency for Strategic Initiatives (ASI) is a Russian non-profit organization established in 2011 by disposition of the Russian Government. The main task of ASI is to develop and implement strategies and initiatives that promote economic development, improve the business environment, enhance the quality of life of citizens, and introduce modern management practices.
20 Mar 2025
Eldar Alisherov presented EAEU’s positive trends and strategic opportunities at American Chamber conference
Eldar Alisherov, Minister in charge of Integration and Macroeconomics of the Eurasian Economic Commission, participated in the annual conference of the American Chamber of Commerce in Russia involving the Eurasian Economic Commission. The EEC Minister noted the positive changes in the economy of the EAEU countries. According to him, last year the cumulative GDP growth of the Eurasian Five countries amounted to 4.2%. He noted that the share of mutual trade of the Union countries is steadily growing: last year it amounted to almost a fifth (19.8%) of the total foreign trade turnover of the EAEU. Mutual trade in goods in the Union doubled over a decade to reach nearly US$100 billion in 2024. "Our momentum is significantly above the global average growth rate of 3.2% last year. Owing to the flexibility and high adaptability of the EAEU economies, it was possible to actively address the tasks of the Union's integration into the global economic architecture, expanding the geography and volume of exports, as well as attracting investments and modern technologies," Eldar Alisherov noted. In his speech, the EEC Minister paid special attention to the work on implementing strategic development documents of the Eurasian Five countries. Eldar Alisherov emphasized that all conditions for stable and profitable operation of businesses are present in the EAEU countries. All key aspects of the Eurasian Economic Path Declaration, which defines the vectors of the Union's development until 2030 and 2045, are business-oriented and aimed at ensuring stable and advanced growth of the Member States' economies. Talking about the EAEU's international activities, the EEC Minister said that during the Commission's work it has formalized the relations with key trade and economic partners: countries, regional associations and international organizations. These agreements allow for a systematic dialogue on a wide range of topics. “The GDP of third countries and regional associations the EEC has formalized relations with amounts to US$71.9 trn, or 49.9% of the world's GDP," Eldar Alisherov noted.
13 Mar 2025
Eldar Alisherov: "Eurasian economic integration ensures a noticeable growth of key development indicators of the EAEU countries
Eldar Alisherov, EEC Minister in charge of Integration and Macroeconomics, spoke about the achievements of Eurasian economic integration over the decade of the Eurasian Economic Union's operations at the online conference EAEU: 10 Years of Functioning of the Largest Integration Association in Eurasia. The EEC Minister emphasized the measures to be taken to implement the Declaration on Further Development of Economic Processes in the EAEU until 2030 and 2045 and drew attention to building and developing optimal formats of interaction with external partners. Eldar Alisherov noted that Eurasian economic integration has a strong stabilizing and stimulating effect on the economy, ensuring a noticeable growth of key development indicators of the Eurasian Five countries. "The new configuration of trade, transport and logistics routes, labor migration and financial flows in the region, along with active economic policies have served as a stimulus for strong economic growth in the EAEU," said Eldar Alisherov. "According to EEC estimates, the index of GDP physical volume in the EAEU in 2024 amounted to 117.6% compared to 2014. For some Member States GDP growth was more significant, for example, in Armenia it was 1.6 times, in Kyrgyzstan 1.6 times, in Kazakhstan 1.3 times." The EEC Minister also paid attention to the statistical indicators of mutual and foreign trade in the EAEU. Objective data show a significant increase in trade between the Member States, as well as growing foreign economic activity. "The share of mutual trade turnover in the EAEU foreign trade turnover increased to 19.8% in 2024 against 13.5% in 2015," the EEC Minister reported. "The volume of mutual trade in goods in the Union doubled since 2015 and reached almost USD $100 billion in 2024. The head of the EEC integration and macroeconomics unit is confident that by today the EAEU has been established as an important element of the global economic architecture. "A flexible infrastructure has been created to cover the key partners and allow for a comprehensive dialogue for improving the sustainability of the Member States’ economies, solve the issues of integrating the EAEU into the global architecture of economic relations, expanding geography and export volumes, attracting foreign investment and technology," he noted. The Commission has concluded 46 memoranda of understanding with universal and specialized international organizations, 14 with regional integration and interstate associations, as well as 30 memoranda of cooperation with the governments, ministries and agencies of third countries. In addition, there are four trade agreements between the EAEU and third countries (Vietnam, Iran, China and Serbia). Currently, active work is underway to reach agreements on liberalization of trade regimes with the UAE, Indonesia and Mongolia. The countries of South-East Asia are highly interested in dialogue with the Union. Relations with ASEAN, as well as bilaterally with the countries of this region, are actively developing. "Certainly, the priority is still relations with the closest partners — the CIS, SCO, BRICS, ASEAN countries. Despite the geo-economic difficulties, the number of new partners of the Union continues to increase," Eldar Alisherov emphasized. The GDP of third countries and regional associations with which the Union signed trade agreements and memoranda on cooperation, and which were granted observer status by the Commission amounts to USD $71.9 trn (according to the World Bank, at purchasing power parity), or 49.9% of global GDP. The population of these countries reaches 4.3 bln people, or 53.5% of the world's population.
13 Mar 2025
EEC and Republic of Uzbekistan discussed priority issues of trade and economic cooperation
The issues of intensifying trade and economic cooperation for mutual benefit were discussed during the fourth meeting of the joint working group on interaction between the Eurasian Economic Commission and the Government of the Republic of Uzbekistan. The March 13 meeting was held at the EEC headquarters and co-chaired by Eldar Alisherov, EEC Minister in charge of Integration and Macroeconomics, and Khurram Teshabaev, Deputy Minister of Investment, Industry and Trade of the Republic of Uzbekistan. "Trade and economic cooperation between the EAEU Member States and the Republic of Uzbekistan is of strategic nature both in terms of its scale and the range of goods and has a stable positive dynamics. The Republic of Uzbekistan ranks first among the Union's trade partners from the CIS countries. Uzbekistan accounts for almost half of the value of EAEU trade with CIS countries. Our trade reflects the mutually complementary nature of the economies of the EAEU Member States and the Republic of Uzbekistan," mentioned Eldar Alisherov, EEC Minister in charge of Integration and Macroeconomics. In turn, Khurram Teshabaev stated that effective platforms have been created together with the EAEU for the promotion of business dialogue and hundreds of major projects in the field of industrial cooperation and infrastructure are being implemented. Uzbekistan systematically participates in intergovernmental and interdepartmental meetings, economic forums and exhibitions, consultations and high-level meetings held under the auspices of the EAEU. According to Eldar Alisherov, topical areas of cooperation between the EAEU and Uzbekistan have been developed in the Joint Action Plan of the Eurasian Economic Commission and the Government of the Republic of Uzbekistan for 2024–2026 signed in October 2024. During the meeting, the parties discussed digitalizing the transport sector, increasing the efficiency of logistics routes in mutual trade, elaborating possible approaches to arranging information exchange on goods and transport organizations of international transportation vehicles crossing the customs borders of the EAEU and Uzbekistan, as well as cooperation in the spheres of competition and consumer protection. In the end, the meeting noted the importance of implementing the Eurasian Agroexpress joint project of the EAEU Member States in the direction of Uzbekistan for developing transport and logistics chains for agricultural products and food supplies, including the development of new logistics routes for mutual supplies of products. The EEC representatives expressed readiness to address the possibilities of ensuring mutual recognition of means of identification for pharmaceuticals between the EAEU and Uzbekistan and participation of Uzbek companies in joint cooperation projects in industry and agricultural sector. Uzbekistan's proposal to hold in March 2025 next consultations on establishing a unified system of customs transit between EAEU and Uzbekistan was also supported. The parties agreed with the initiative of the EAEU Business Council and the Chamber of Commerce and Industry of Uzbekistan to hold a joint business dialogue in April 2025. As a result of discussions, it was agreed to hold the fifth meeting of the joint working group in 2026 in Uzbekistan.
06 Mar 2025
EEC and UN discussed developing dialogue on economic agenda
Development and systematization of interaction of the Eurasian Economic Commission with organizations and agencies of the UN system were discussed during the working meeting between Eldar Alisherov, Minister in charge of Integration and Macroeconomics of the EEC, and Li Junhua, UN Under-Secretary-General for Economic and Social Affairs. The negotiations were held at the United Nations headquarters in New York. The meeting noted the EEC's efficient dialogue with the UN regional commissions — UNECE, ESCAP and ECLAC, as well as other UN organizations — on Eurasian economic integration within the framework of the concluded memoranda of cooperation. "The established format of dialogue with UN structures allows the EEC to keep abreast of current trends in the regulation development, use the best global practices and promote the best Eurasian practices in the international arena", Eldar Alisherov mentioned. During the meeting, the participants discussed the possibilities of EEC participation in the High-level Political Forum on Sustainable Development in July 2025, where the Commission traditionally holds a round table on the impact of economic integration processes on the achievement of Sustainable Development Goals. Following the negotiations, Eldar Alisherov invited Under-Secretary-General Li Junhua to take part in the Eurasian Economic Forum in May 2025 in Minsk.
06 Mar 2025
Elena Kukharevich appointed Deputy Director of EEC Statistics Department
Elena Kukharevich graduated from the Belarusian State Economic University in 1994 with a degree in statistics; in 2003, from the Academy of Public Administration under the President of the Republic of Belarus. From 1988 to 2008, she held various positions in the Grodno Regional Statistics Office, the last five years as Deputy Head and First Deputy Head of the Office. From 2008 to 2025, she was Deputy Minister of Statistics and Analysis of the Republic of Belarus, Deputy Chair and First Deputy Chair of the National Statistical Committee of the Republic of Belarus. She is a holder of the state award — the medal "For Labor Merits". On March 4, 2025, she was appointed Deputy Director of the Statistics Department of the Eurasian Economic Commission.
06 Mar 2025
Eurasian Economic Commission expands cooperation with UN Statistical Commission
The Eurasian Economic Commission participated in the 56th session of the United Nations (UN) Statistical Commission as an observer. The decision on granting this status was made at a meeting held in New York on March 4, attended by Eldar Alisherov, EEC Minister in charge of Integration and Macroeconomics. In his speech, the EEC Minister in charge of Integration and Macroeconomics emphasized the readiness for further constructive cooperation. "The Commission is interested in expanding cooperation with the UN Statistical Commission and in working within the Inter-Agency and Expert Group on Sustainable Development Goal Indicators to elaborate approaches to the development of SDG indicator methodology and in exchanging experience," Eldar Alisherov noted. Granting the observer status to the EEC will strengthen collaboration in the field of statistics, facilitating the exchange of experience and international best practices. It also provides new possibilities for joint work to achieve the Sustainable Development Goals and improve statistical methods and standards. According to the EEC Minister, the Commission intends to take an active part in the work of the UN Statistical Commission, contribute to the development of the global statistical system and strengthen cooperation with international partners. On the sidelines of the session of the UN Statistical Commission, Eldar Alisherov, Minister in charge of Integration and Macroeconomics of EEC, held negotiations with Georges-Simon Ulrich, Chairman of the UN Statistical Commission and Director-General of the Swiss Federal Statistical Office. The parties discussed the prospects of mutual cooperation in the field of statistics. The UN Statistical Commission, established in 1947, is the highest body of the global statistical system. It brings together the Chief Statisticians of the UN Member States for setting statistical standards, developing concepts and methods, as well as implementing them at the national and international level. The Commission comprises 24 members elected by the United Nations Economic and Social Council based on geographical representation: five representatives from Africa, four from Asia, four from Eastern Europe, four from Latin America and the Caribbean, seven from Western Europe and other States.
28 Feb 2025
Role of integration processes in achieving SDGs discussed in Bangkok
The 12th Asia-Pacific Forum on Sustainable Development was held in Bangkok on February 25–28. The key topic of the event was the promotion of sustainable and inclusive solutions to implement the 2030 Agenda for Sustainable Development. Forum participants discussed regional trends and shared best practices. The Eurasian Economic Commission was represented by Mikael Belluyan, Director of Integration Development Department. In his speech at the session "Review of Regional Progress and Opportunities for Achieving the SDGs", Mikael Belluyan has emphasized that integration processes in the region provide further possibilities for countries to make significant progress in the implementation of the UN 2030 Agenda. "This statement is not merely theoretical, but is based on real experience. More than a decade after the establishment of the EEC, it is possible to observe a clear link between regional integration processes and the implementation of the SDGs," he added. At the side event "Promoting SDGs 3, 5 and 8: Integration Possibilities and Regional Practices within the EAEU" co-organized by the EEC, Mikael Belluyan announced the preparation of a report on monitoring SDGs in the EAEU region. The report will focus on analyzing the processes of Eurasian economic integration and their impact on the achievement of the SDGs. At the round table on SDG 17, "Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development", the Director of the EEC Department spoke about mechanisms to promote cooperation with countries, as well as regional integration and inter-state associations. This, he said, contributes to the practical promotion of the "integration of integrations" idea. "Achieving SDGs is a common challenge that requires the combined efforts and resource mobilization of all actors in international relations. As part of its international activities, the EAEU actively develops a dialogue with partners using such instruments as the observer status, preferential and non-preferential trade agreements and memoranda of cooperation. These measures contribute to practical development of trade and economic cooperation, removal of barriers to trade and raising awareness in business circles," Mikael Belluyan noted.
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