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20 Jun 2025 Andrey Slepnev: "It is possible to create a market and fiscal system based on the principle of carbon footprint offset by accommodating the results of climate projects." This opinion was expressed by Andrey Slepnev, Minister in charge of Trade of the Eurasian Economic Commission, at the session International Trade and Climate Regulation: Barrier-Free Solutions for BRICS, SCO, EAEU and APEC held by the EEC within the framework of the St. Petersburg International Economic Forum 2025. "The system could be based on carbon footprint validation and offsetting, which implies higher costs for industrialized economies and lower such costs for developing countries where there are great possibilities for climate projects," the EEC Minister explained. As Andrey Slepnev noted, more international coordination is needed to ensure that national climate regulation does not turn into a trade barrier. In the case of the EAEU, the necessary measures are provided for in the Eurasian Economic Path Declaration. Thanks to them, the climate agenda should act as a driver rather than a brake on economic development. The EEC Minister also participated in the session Energy Sector Capital: Seeking Effective Solutions for Developing Nations, where he emphasized that only a reasonable combination of investments in green projects, net-zero emission projects and transit/transition technologies can make it to a rational approach, ensuring both technological transformation and decent economic growth rates. On the sidelines of the Forum Andrey Slepnev discussed bilateral trade and economic cooperation with Samir Abdelhafid, Minister of Economy and Planning of the Republic of Tunisia. It bears reminding that in January 2025, the parties established a joint research group to study the feasibility of concluding a free trade agreement between the EAEU and Tunisia. In addition, the head of the EEC trade unit held meetings with Dmitry Kim, CEO of Ozon Holding, and Tatyana Kim, founder of Wildberries, where the topics of e-commerce regulation in the EAEU were touched upon, as well as the possible entry of marketplaces into new promising foreign markets.
20 Jun 2025 Bakytzhan Sagintaev: "The Commission seeks to create better conditions for developing the real sector of the EAEU economies" Bakytzhan Sagintaev, Chairman of the Eurasian Economic Commission's Board, took part in the plenary session of the 28th St. Petersburg International Economic Forum on June 20. The Head of the Commission's Board also spoke at the session Synergy in the EAEU’s Real Sector: Responding to Today’s Challenges. In his report Bakytzhan Sagintaev emphasized that the real sector plays an important role in the economy of each country of the Eurasian Economic Union, ensuring production of goods and services, offering employment and serving as the basis for sustainable development. "In 2024, industrial output in the Union increased by 4.5%. Mutual supplies between the EAEU countries increased by 8.1%, investments in fixed assets — by 7.5%," told Bakytzhan Sagintaev. For the progressive development of industrial cooperation within the EAEU, the Main Directions of Industrial Cooperation until 2030 are defined. "The main emphasis is placed on the development of cooperation ties between enterprises, including through the localization of joint knowledge-intensive ventures," noted the Head of the EEC Board. In conclusion, Bakytzhan Sagintaev outlined a number of challenges that, when addressed, will contribute to creating the necessary conditions for developing the real sector of the Union economies and increasing the volume of mutual and foreign trade. The priorities of each Member State of the Eurasian integration association are the basis of common efforts to ensure the dynamic development of the Union, as the Head of the EEC Board emphasized. These are economic growth, job creation, investment attraction, technological development and increasing the competitiveness of EAEU products in international markets.
20 Jun 2025 Goar Barseghyan: "Eurasian technology platforms have significant integration potential" Goar Barseghyan, Minister in charge of Industry and Agriculture of the Eurasian Economic Commission, spoke at the panel session Lighthouse Factories: Advanced Solutions for Industry in the EAEU at the St. Petersburg International Economic Forum. The event was dedicated to the development of high-tech industries in the Eurasian Economic Union. The participants discussed the implementation of innovative projects, the creation of new enterprises based on artificial intelligence and robotics, as well as the prospects for technological development in the region. "In order to implement the task of technology development in the Eurasian Economic Union, there are the Eurasian technology platforms that are instruments for coordination of technological and innovative activities of the Union's countries, which have significant integration potential," Goar Barseghyan emphasized. The EEC Minister informed the session participants about the joint work of the Commission with the Member States on the creation of a new Robotics technological platform with the subsequent development of the Industrial Robotics interstate program. The initiative is primarily aimed at the development and introduction of digital technologies in the industrial complexes of the Union's countries. "In today's world, development of industry is impossible without digital technologies. We pay a lot of attention to this area, and active work is underway to create the Industry digital portal. It will become an efficient tool for establishing cooperative production chains and supporting business," Goar Barseghyan mentioned.
20 Jun 2025 Strategic partnership in agriculture discussed at St. Petersburg International Economic Forum Possibilities for long-term and mutually beneficial cooperation in the agricultural sector within the Eurasian Economic Union were assessed during the Russia-Armenia business dialogue at the St. Petersburg International Economic Forum. "The Union's food security level has reached 92%, confirming its economic sustainability. At the same time, there are still some segments where the Member States can strengthen the stability of the common agricultural market," stated Goar Barseghyan, Minister in charge of Industry and Agriculture of the Eurasian Economic Commission. In order to improve competitiveness, create conditions for steady economic growth of the industry and build efficient supply chains, the Commission, in cooperation with businesses, is working to expand the mechanism for financing cooperative projects to the agricultural sector. According to the EEC Minister, promising areas have been identified for implementation in such fields as selection and seed production, animal husbandry, processing of agricultural produce, as well as agricultural infrastructure. "The creation of such a financial instrument is a significant practical step to support initiatives of the real sector, allowing leveraging the scale of the Union's common market and utilizing technological and production competencies of our countries," Goar Barseghyan noted. In 10 years, agricultural production in the EAEU countries has grown by more than 25%, while mutual trade has doubled (up to $16 billion). Since Armenia's accession to the EAEU, the supply of agricultural produce has more than quadrupled, especially the categories of vegetables, fruits and processed products.
19 Jun 2025 Commission develops cooperation with Ministry of Commerce of the People's Republic of China on imposing trade remedies Andrey Zakharov, Director of the Department for Internal Market Protection of the Eurasian Economic Commission, held a meeting with Tao Peng, Head of the Trade Remedy and Investigation Bureau of the Ministry of Commerce of the People's Republic of China, within the framework of the Memorandum on Cooperation in the Application of Anti-Dumping, Countervailing and Safeguard Measures between the EEC and the Ministry of Commerce of the People's Republic of China. The event participants discussed the role of imposing trade remedies in the changing global trade environment. The meeting noted the special role of bilateral contacts for constructive discussion of emerging issues both at the level of investigation bodies and at the level of businesses. "The Commission appreciates the long-term cooperation with the Ministry of Commerce of the PRC on the imposition of trade remedies, which is based on the principles of transparency and consideration of mutual interests. The Department for Internal Market Protection remains open for further development of dialogue with the Trade Remedy and Investigation Bureau of the Ministry of Commerce of the People's Republic of China," mentioned Andrey Zakharov. Following the meeting, the parties agreed on further cooperation within the framework of the Memorandum, as well as on the work of the Joint Commission for implementing the Agreement on Trade and Economic Cooperation between the Eurasian Economic Union and the PRC.
19 Jun 2025 Eldar Alisherov: "Our dialogue is designed to promote further growth of trade turnover between the EAEU countries and Myanmar" Priorities of trade and economic cooperation between the Eurasian Economic Union and Myanmar were discussed at a meeting of the joint working group on interaction between the Eurasian Economic Commission and the Government of the Republic of the Union of Myanmar. The meeting on the sidelines of the St. Petersburg International Economic Forum was co-chaired by Eldar Alisherov, EEC Minister in charge of Integration and Macroeconomics, and Kan Zaw, Myanmar Minister for Investment and External Economic Relations. The meeting participants addressed the issues of cooperation in trade, agriculture, competition policy and interaction of business circles. "Our dialogue on various aspects of the regulatory framework being developed within the EAEU is designed to promote the development of trade and economic ties between the Eurasian Five countries and Myanmar, as well as further growth of trade turnover, which has more than tripled since 2019," Eldar Alisherov stated. Among the key objectives of cooperation between the Commission and the Government of Myanmar identified by the EEC Minister at this stage are raising awareness of each other's trade and economic opportunities, as well as identifying bottlenecks in economic relations that need to be discussed within the working group. According to him, the high potential for cooperation between the parties "is predetermined by the Commission's active dialogue with the ASEAN region as a whole, as well as by the fact that Myanmar is essentially a 'bridge' between the EAEU and ASEAN, a trade 'crossroads' of major economies of Southeast Asia." In turn, Kang Zaw emphasized the importance of the dialogue with the EEC for boosting economic cooperation with all countries of the Union. In this regard, he highlighted a number of the most promising areas: digitalization, e-commerce, technology exchange in agriculture, and interaction within Myanmar's special economic zones. Myanmar Trade Minister Aung Naing Oo, Myanmar Agriculture, Livestock and Irrigation Minister Min Naung, and Aye Win, President of the Union of Myanmar Federation of Chambers of Commerce and Industry, addressed the meeting. The parties called on the entrepreneurs of the EAEU and Myanmar for closer cooperation, including the establishment of an official dialogue between the EAEU Business Council and the relevant Myanmar business association. The next meeting of the joint working group will take place in 2026. The Memorandum of Cooperation between the Eurasian Economic Commission and the Government of the Republic of the Union of Myanmar had been signed in 2023. 
19 Jun 2025 Goar Barseghyan: "Financing industrial cooperation is an important step for deepening economic integration" This was stated by Goar Barseghyan, Minister in charge of Industry and Agriculture of the Eurasian Economic Commission, during the business dialogue event "Russian–Kazakhstan Dialogue. New Horizons of Industrial Cooperation" held at the St. Petersburg International Economic Forum. The EEC Minister noted the important role of the real economy in the development of cooperation not only between Russia and Kazakhstan, but also in general within the Eurasian Economic Union. "On the initiative of businesses, a new mechanism of financial support for industrial cooperation is created in the EAEU. This instrument, launched by the Commission in July 2024, has become an important step in deepening economic integration and developing practical interaction between entrepreneurs," Goar Barseghyan stated. As the EEC Minister emphasized, the mechanism provides for subsidizing the interest rate on loans at 100% of the key rate of the Union countries, as well as the participation of enterprises from three or more EAEU states, which strengthens cooperation, promotes the exchange of experience and technological growth. According to her, financing of the first two projects has been approved, including joint production of agricultural machinery in Kazakhstan. The implementation of this project will ensure the manufacture of combine harvesters involving Russian and Belarusian enterprises. The EEC Minister said that taking into account the positive experience, the Heads of Government of the EAEU countries approved the initiative to expand the support mechanism for cooperation project to the agricultural sector. "By combining economic potentials and national competencies, we will be able to build an integration space that will become a reliable basis for economic growth and sustainable technological development," Goar Barseghyan summarized. In 2024, the volume of industrial output in the EAEU grew by 4.5% compared to the previous year. About 80% of the total trade turnover of the EAEU countries with Kazakhstan is made up of manufacturing industry products. 
19 Jun 2025 Interaction and exchange of experience in competition discussed by EEC and Myanmar Armine Hakobyan, Deputy Director of the Department for Competition and Public Procurement Policy of the Eurasian Economic Commission, presented the EEC activities in the field of competition policy at the meeting of the joint working group on interaction between the Commission and the Government of the Republic of the Union of Myanmar. The meeting was held as part of the St. Petersburg Economic Forum. Myanmar reported that, following the entry into force of Myanmar's Competition Law in 2017, it established the Competition Commission that gained considerable experience to date and took its rightful place in the government system. Myanmar is interested in cooperating with similar agencies of the EAEU states and the EEC competition unit. "The Myanmar Competition Commission comprises representatives from various ministries and agencies. For us, this is an interesting, unusual approach to the structure of a competition authority. It is certainly useful for us to familiarize ourselves with its work," Armine Hakobyan noted. The meeting participants addressed organizational issues of interaction, as well as cooperation in other key economic areas in accordance with the previously concluded Memorandum between the Eurasian Economic Commission and the Government of the Republic of the Union of Myanmar.
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