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03.02.2023

Outcomes of Eurasian Intergovernmental Council's meeting on February 2-3, 2023

The Heads of Government of the Eurasian Economic Union countries considered eight issues at the Eurasian Intergovernmental Council’s meeting held on February 2-3 in Almaty (the Republic of Kazakhstan) in a face-to-face format.

The Eurasian Intergovernmental Council approved the Rules for access to the services of interstate transmission of electricity (capacity) within the EAEU common electric power market. This is the first package of rules required to launch the common electric power market to be adopted by the Heads of Government of the EAEU.

The Heads of Government of the EAEU countries supported the proposal of the Eurasian Economic Commission to include transportation carried out along the international North-South transport corridor in the direction of Turkmenistan, the Islamic Republic of Iran, the United Arab Emirates and the Republic of India in the joint integration project "Eurasian Agroexpress".

The Eurasian Intergovernmental Council adopted a decision to amend the Regulations on developing, financing and implementing interstate programs and projects in the manufacturing industry. This document has been in force within the Eurasian Economic Union for 5 years, since February 2018, and nowadays a demand arose for updating its individual standards.

At the Intergovernmental Council’s meeting, the Eurasian Economic Commission presented a report on the macroeconomic situation in the Eurasian Economic Union States and proposals for ensuring sustainable economic development. The report contains information on current development trends in the global economy, dynamics and prospects of the EAEU States’ economic development, analyzes obstacles to growth and suggests principles and criteria for supporting the Union countries’ economic development.

The next meeting of the Eurasian Intergovernmental Council will take place on June 7-9 in Sochi (the Russian Federation).

The Eurasian Intergovernmental Council’s meeting was attended by the Heads of Government of the Eurasian Economic Union – Mikhail Mishustin, Chairman of the EIC and Chairman of the Government of the Russian Federation, Nikol Pashinyan, Prime Minister of the Republic of Armenia, Roman Golovchenko, Prime Minister of the Republic of Belarus, Alikhan Smailov, Prime Minister of the Republic of Kazakhstan, Akylbek Zhaparov, Chairman of the Cabinet of Ministers of the Kyrgyz Republic, as well as Mikhail Myasnikovich, Chairman of the Board of the Eurasian Economic Commission, and the Heads of Government of the Observer States at the EAEU - Abdulla Aripov, Prime Minister of the Republic of Uzbekistan (in person) and Manuel Marrero Cruz, Prime Minister of the Republic of Cuba (via video).

   

Documents signed following the Eurasian Intergovernmental Council's meeting.

 - Disposition "On the macroeconomic situation in the Eurasian Economic Union Member States and proposals to ensure sustainable economic development". - Decision "On making amendments to the Regulations on developing, financing and implementing interstate programs and projects in the Industrial sphere".
  - Disposition “On making amendments to the list of goods whereby indicative balance sheets are prepared”.
- Decision "On approval of the Rules for access to the services of interstate transmission of electricity (capacity) within the common electric power market of the Eurasian Economic Union".
- Disposition "On making amendments to Disposition No. 11 of the Eurasian Intergovernmental Council dated June 21, 2022".
  - Disposition "On further development of the integrated information system and digital agenda of the Eurasian Economic Union".
  - Disposition “On implementing the joint project of the Eurasian Economic Union Member States on performing expediate rail and multimodal transportation of agricultural products and food “Eurasian Agroexpress”.
- Disposition "On the time and venue of holding the next meeting of the Eurasian Intergovernmental Council".