17 Apr 2024 Cooperation between EAEU countries' oil-and-gas machine building enterprises discussed at Eurasian Oil and Gas Forum As part of the international exhibition Equipment and Technologies for the Oil and Gas Industries (Neftegaz 2024), the Eurasian Oil and Gas Forum was held on April 16, at which the Industrial Policy Department of the Eurasian Economic Commission, together with the Russian Union of Industrialists and Entrepreneurs, held a round table Cooperation of Oil-And-Gas Machine Building Enterprises in the Member States of the Eurasian Economic Union. Representatives of the Chamber of Commerce and Industry of the Russian Federation, the Institute of Oil and Gas Technology Initiatives, the Financial University under the Government of the Russian Federation and the sectoral business community of the EAEU countries took part in the round table as speakers. Georgy Arzumanyan, Deputy Director of the EEC Industrial Policy Department, spoke about the Commission’s tools aimed at promoting cooperation, including a new instrument for financing industrial cooperation projects in the EAEU. Dmitry Kurochkin, Vice-President of the Chamber of Commerce and Industry of the Russian Federation, reported on the participation of the Russian Chamber of Commerce and Industry in the development of industrial cooperation in the Union, a representative of the Ministry of Economy of the Republic of Armenia told about the production and technological potential of Armenian oil-and-gas machine building enterprises. Representatives of the sectoral business community of the EAEU countries raised issues concerning the current status of the industry and its needs. Following the round table, the attendees agreed to intensify cooperation between oil-and-gas machine building enterprises within the Union using the Commission's tools. For reference The Neftegaz exhibition is organized by Expocenter JSC with the support of the Ministry of Energy of the Russian Federation, the Ministry of Industry and Trade of the Russian Federation, under the auspices of the Chamber of Commerce and Industry of the Russian Federation. As one of the world's top ten oil and gas fairs, the exhibition opens up the opportunity for manufacturers and suppliers from different countries to demonstrate their state-of-the-art oil and gas and oil refining equipment and technologies to specialists, to establish and extend business contacts, and to discuss a wide range of issues facing the industry. Since 2016, the exhibition has been held annually together with the Oil and Gas Forum.
16 Apr 2024 Askar Japparkulov told NES students about implementing EAEU agreed macroeconomic policy The principles of the Eurasian Economic Union functioning, implementation of the agreed macroeconomic policy, as well as the main directions of the integration association's economic development were the main topics of the meeting between Askar Japparkulov, Director of the Eurasian Economic Commission's Macroeconomic Policy Department, and students of the New Economic School (NES), held on April 15. Speaking about the practical implementation of the Treaty on the EAEU, Askar Japparkulov noted that "the Commission has accumulated considerable experience in developing and implementing measures aimed at ensuring macroeconomic stability of the Union's States and compliance with the quantitative values of indicators that determine the sustainable economic development". He added that the recommendations and joint measures developed by the authorized bodies and the Commission contributed to ensuring fiscal and debt sustainability, reducing inflationary processes, and had a positive impact on the Union's economic stability. "The Commission is looking forward to young and promising specialists in the field of macroeconomics. Work in the international organization will enable not only to apply your theoretical knowledge in macroeconomics, but also to gain unique experience of communication in a multinational and multicultural environment, to apply in practice the economic diplomacy tools to address key issues of the EAEU development," Askar Japparkulov stressed, speaking about career opportunities in the Commission for students and graduates of the New Economic School.  
10 Apr 2024 EEC Minister Sergei Glazyev held meeting with Min Aung Hlaing, Prime Minister of Myanmar During the official visit of the Eurasian Economic Commission's delegation to the Republic of the Union of Myanmar, a working meeting was held between Sergei Glazyev, EEC Minister in charge of Integration and Macroeconomics, and Senior General Min Aung Hlaing, Chairman of the State Administration Council and Prime Minister of the Republic of the Union of Myanmar. The parties discussed the current results and promising areas of trade and economic cooperation between the EAEU countries and Myanmar. Sergei Glazyev noted that implementing the Memorandum of Interaction between the EEC and the Government of the Republic of the Union of Myanmar contributes to deepening the dialogue in key areas of cooperation. The main objectives at this stage are to increase the volume of trade turnover between the EAEU countries and Myanmar, to correct the imbalance in mutual trade, to develop a systemic dialogue between the EEC and the Government of Myanmar, including information exchange on key aspects of the Eurasian regulation affecting trade and economic cooperation. Sergei Glazyev also informed on the results of bilateral meetings with the Heads of relevant Ministries of Myanmar and the first meeting of the joint Working Group. For reference The Memorandum of Interaction between the Eurasian Economic Commission and the Government of the Republic of the Union of Myanmar was signed on June 15, 2023 on the sidelines of the St. Petersburg International Economic Forum. The Memorandum envisages interaction in such areas as customs regulation, technical regulation, application of sanitary, veterinary-sanitary and phytosanitary quarantine measures, financial markets, transport, energy, agricultural sector and others. The Memorandum contemplates establishing a Working Group on Interaction as well as elaborating a joint action plan.
09 Apr 2024 EAEU and Myanmar develop trade and economic cooperation Promising areas of cooperation between the Eurasian Economic Union States and the Republic of the Union of Myanmar were discussed by the attendees of the first meeting of the joint Working Group on interaction between the Eurasian Economic Commission and the Government of the Republic. The event cochaired by Sergei Glazyev, EEC Minister in charge of Integration and Macroeconomics, and Kan Zaw, Minister for Investment and Foreign Economic Relations of Myanmar, was held on April 9 in Nay Pyi Taw. Sergei Glazyev noted the positive trend in trade and economic cooperation between the EAEU countries and Myanmar and emphasized the importance of intensifying Myanmar's dialogue with each of the Union countries. "The key direction should be work with the markets of all the EAEU countries, which are not yet fully included in the system of trade and economic cooperation with Myanmar. We should more actively involve the business community in our joint work and work on eliminating bottlenecks," Sergei Glazyev stated. In turn, Kan Zaw noted the need to share experience in regional economic cooperation between the EAEU countries and Myanmar and expressed appreciation for the parties' work on implementing the Memorandum of Interaction, signed in June 2023. The parties discussed prospects for cooperation in the manufacturing industry and the agricultural sector, finance, transport and logistics, energy, digitalization, economic aspects of interaction in tourism, and cooperation through business circles. The speakers were representatives of the EEC relevant departments and agencies of Myanmar, and representatives of the business community, including the EAEU Business Council. "I am confident that we will improve trade and economic opportunities through business contacts. Myanmar has an advantageous geographical position – it neighbors with economically powerful countries such as India and China, it is located as a bridge connecting Southeast Asia and the Eurasian market. We would also like to offer the EAEU countries' businessmen to exploit this advantage," Kan Zaw noted. Summing up the meeting, Sergei Glazyev noted that establishing direct large-scale and continuous cooperation through business circles will make it possible to intensify trade and economic interaction between Myanmar and the Union States. The EEC Minister invited Myanmar business and government officials to take part in the EAEU – ASEAN business dialogue planned within the St. Petersburg International Economic Forum. Besides, Sergei Glazyev invited the business community to consider the possibility of developing cooperation in construction, transport links, and creating conditions for settlements in national currencies of the EAEU States and Myanmar. At the proposal of the business community, these and other issues will be considered as key ones by the Working Group of the EEC and the Government of Myanmar. He also supported the businesses' idea of establishing trading houses, which would increase the delivery of goods. The meeting of the joint Working Group was preceded by the EAEU –Myanmar Economic Seminar, during which Sergei Glazyev addressed Myanmar's official, business and expert circles with an extended presentation of the Eurasian integration project focusing on the EAEU formation as one of the economic centers of the Greater Eurasia. Furthermore, Sergei Glazyev held working meetings with members of the Government of Myanmar: Deputy Prime Ministers – Than Swe, Minister of Foreign Affairs; Mya Tun Oo, Minister for Transport and Communications; Win Shein, Minister for Planning and Finance; as well as Kan Zaw, Minister for Investment and Foreign Economic Relations; Min Naung, Minister for Agriculture, Livestock and Irrigation; and Thet Thet Khine, Minister for Hotels and Tourism. During the meetings, the parties discussed promising areas of cooperation between the EAEU countries and Myanmar on a wide range of economic agenda. Besides, the EEC delegation had a working meeting with U Aye Win, Chairman of the Union of Chambers of Commerce and Industry of Myanmar. The partners noted their interest in establishing systematic interaction with the EAEU Business Council and its members, as well as in maintaining regular working contacts.
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