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11 Nov 2025 EEC discussed innovative pharmaceutical development Manufacture of pharmaceutical substances, digital transformation and general innovative pharmaceutical development in the Eurasian Economic Union were the key discussion topics at the seminar "Development Paths of the EAEU Pharmaceutical Industry" chaired by Gohar Barseghyan, the EEC Minister in charge of Industry and Agriculture, at the Eurasian Economic Commission's headquarters. "For long-term success, it is necessary to develop a conceptual understanding of further steps to improve the pharmaceutical industry of the EAEU countries. The development vector should be directed not just at substituting this or that product in a relatively short time span but at enabling a technological shift and creating new competences in the Union," Gohar Barseghyan mentioned. Alexey Kedrin, Chairman of the Board of the EAEU Association of Pharmaceutical Manufacturers, stressed the importance of modernizing the industry that at times faces a range of constraints lowering its competitiveness. The key questions raised at the seminar by business representatives covered digital pharmaceutical engineering, prospects for localizing the manufacture of substances, elimination of obstacles to promoting international cooperation across the EAEU. The main findings and proposals voiced during the seminar will be taken into account in further work of the Commission's Industrial Unit. The event was attended by heads of enterprises that are major manufacturers of medicines, industry clusters and associations, innovative companies, national regulatory authorities of the Union countries, as well as Cuban pharmaceutical representatives.
11 Nov 2025 EEC presented its digital transformation activities at international trade conference Konstantin Begidzhanov, Deputy Director of the Eurasian Economic Commission's Trade Policy Department, took part in the plenary session "The Future of International Trade: Russia in the Context of Changing Global Rules and Digital Platforms" during the annual conference "International Trade in the 21st Century: from WTO Rules to Digital Ecosystems." In his speech, he presented the key priorities of the Eurasian Economic Union's digital transformation, told about preferential agreements the EAEU concluded with third countries and the work with promising partners including Egypt, India and Indonesia. Successful completion of negotiations with the said states will enable a significant increase in the share of preferential trade turnover in foreign trade activities. "Under the agreements being concluded by the EAEU, special attention is paid to trade facilitation and automation, which directly lowers the costs for businesses and increases the predictability of supplies. There is ongoing work both under the tariff agreements and in terms of non-tariff interaction: customs procedures, phytosanitary and veterinary measures, electronic data flow," Konstantin Begidzhanov highlighted. Strategically looking forward, the Union will create a unified digital trade and transport platform integrated in international supply chains. This will not only improve transparency of mutual trade but also ensure compatibility with main trading partners.
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