At the meeting of the Eurasian Intergovernmental Council on October 1 in Yerevan (Republic of Armenia), Heads of Government of the Eurasian Economic Union considered 22 issues.
The Intergovernmental Council approved the Rules for Information Exchange in the Common Electricity Market of the Eurasian Economic Union. This is the final document in the set of rules for functioning of the common electricity market, the adoption of which is stipulated by the Treaty on the EAEU.
Heads of Government of the EAEU countries approved a disposition on harmonizing legislation of the Eurasian Five countries in the field of civil aviation. The governments of the EAEU countries will organize the work on harmonizing legislation of the Member States in accordance with the norms and principles of the International Civil Aviation Organization in the field of aircraft airworthiness until January 1, 2025.
Heads of Government of the Eurasian Economic Union signed the concept for establishing a common exchange market for goods. The main objectives of creating a common exchange market for goods are objective market pricing for exchange commodities, growing trade volumes in the Union, increasing the share of settlements in national currencies and the fair pricing for EAEU goods in the global market. At the same time, the issues of exchange trade in energy commodities will be coordinated as part of work on establishing common markets for energy resources.
The Intergovernmental Council reviewed the report on crediting to and distributing between the budgets of the Eurasian Economic Union countries of import customs duties in 2023. According to the document, import duty revenues to the budgets of Member States increased by 46.8% compared to 2022, reaching a record of $14.8 billion. The amount of duties collected and distributed in 2023 is the highest since 2015.
On October 1 in Yerevan, Heads of Government of the Eurasian Economic Union countries approved a medium-term strategic document — the Main Directions of Industrial Cooperation within the EAEU until 2030. The new medium-term benchmarks for industrial cooperation are in line with the trends of the Union industrial development. Also approved are joint forecasts for agricultural sector development, balances of supply and demand of the Member States for agricultural produce, foodstuffs, flax fiber, rawstock, cotton fiber and wool for 2024–2025.
In addition, on the sidelines of the Eurasian Intergovernmental Council, Bakytzhan Sagintaev, Chairman of the Board of the Eurasian Economic Commission, and Abdulla Aripov, Prime Minister of the Republic of Uzbekistan, signed a joined action plan of the Eurasian Economic Commission and the Government of the Republic of Uzbekistan for 2024–2026.
Within the Eurasian Intergovernmental Council meeting, an official ceremony of stamp cancellation on the occasion of the tenth anniversary of signing the Treaty on the Eurasian Economic Union was held with the participation of the Heads of Government of the EAEU Member States.
The Intergovernmental Council decided that the next meeting will be held in Moscow on December 12–13.