News
13.06.2024
Bakytzhan Sagintaev, Chairman of EEC Board, held negotiations with Willard Mvemba, General Executive Director of COMESA Competition Commission
Bakytzhan Sagintaev, Chairman of the Board of the Eurasian Economic Commission, held negotiations with Willard Mvemba, Chief Executive Officer of the Competition Commission of the Common Market for Eastern and Southern Africa (COMESA).
The negotiations included a thorough exchange of views on the interaction between the EEC and the COMESA Competition Commission, which started in 2019 and was particularly intensified with the signing of a Memorandum of Understanding on Competition Policy and Enforcement in 2022.
"Both the Eurasian Economic Commission and COMESA have an overall goal – to promote the sustainable development of their regions through economic integration," emphasized the Head of the EEC Board. "We have long been in close dialogue on competition, supporting each other's initiatives on international platforms".In particular, Bakytzhan Sagintaev reminded about the EEC initiative on interaction between regional integration organizations in the field of competition. The COMESA Competition Commission has supported this initiative and is actively involved in its implementation.
The parties considered some prospects for cooperation between the Eurasian Economic Union and the Common Market for Eastern and Southern Africa. The Chairman of the EEC Board expressed his conviction in the possibility of expanding the dialogue between the parties.
The Common Market for Eastern and Southern Africa (COMESA) comprises 21 Member States: Burundi, Democratic Republic of the Congo, Djibouti, Zambia, Zimbabwe, Egypt, Kenya, Comoro Islands, Libya, Mauritius, Madagascar, Malawi, Rwanda, Swaziland, Seychelles, Somalia, Sudan, Tunisia, Uganda, Eritrea, and Ethiopia.
