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Search results: 6367
15 Aug 2025
EAEU to Continue Increasing Rail Freight Volume Using Digital Transport Documents
This was said by Andrey Slepnev, Minister in charge of Trade of the Eurasian Economic Commission, following the review by Heads of Government of the Eurasian Economic Union Member States of an annual report on implementing the plan to digitalize rail freight transportation within the EAEU and with third countries, in particular, with the People's Republic of China. He also emphasized that the result of the relevant practical work is both simplified procedures and cost savings for business and maximum acceleration of the movement of goods. “By 2024, the EAEU Member States have ensured the transition to digital transport documents for rail transportation between the Republic of Belarus, the Republic of Kazakhstan and the Russian Federation,” Andrey Slepnev noted. In particular, the level of electronic data exchange between Russian Railways JSC and the Belarusian Railway State Association has reached at least 90% over the past few years, and this level has exceeded 80% between Kazakhstan's NC KTZh JSC and the railway carriers of Russia and Kyrgyzstan. By the end of 2024, the transportation volume of the Russian Federation using electronic documents amounted to 90% with the Republic of Belarus and 79% with the Republic of Kazakhstan. It is also important to note the work being done on transiting to electronic shipping documents. For example, Russian Railways JSC has implemented the capability of accepting electronic shipping documents signed with an electronic signature from a consignor/freight forwarder into its information systems and submitting them to customs authorities and transmitting them to the Belarusian Railway State Association for customs operations upon completion of the customs procedure. This technology is used between Russia and Belarus for transportation under the Intertran project. “In addition to digitalizing rail freight transportation between the EAEU Member States, active work is underway with the PRC. The volume of correct electronic communications between railway carriers in Russia and China amounted to 90% by the end of 2024. The indicator of completeness and quality of data subject to electronic exchange reached 80-90% between Kazakh and Chinese railways,” the EEC Minister in charge of Trade continued. According to Andrey Slepnev, an important milestone of cooperation with the PRC in terms of digitalizing freight transportation was the signing in December 2024 of the Agreement on interaction between certification centers of railway carriers of Russia and China for the issuance of certificates for cross-border electronic document flow. This document will ensure the use of electronic signatures between the railways of the two countries. At the end of December 2024, test paperless transportation was launched between Russian Railways JSC and China Railways SC through the Zabaikalsk-Manchuria border checkpoint in export-import traffic. In 2025, it is planned to gradually expand the geography of transportation that will be formalized by electronic consignment notes.
15 Aug 2025
Intergovernmental Council Observed Growth of Revenue from Import Duties
Heads of Government of the Eurasian Economic Union reviewed the annual report of the Eurasian Economic Commission on the transfer and distribution of import customs duties between the budgets of the EAEU states. According to the document, in 2024, $15.2 bn was received by the Union countries' budgets, which is almost 3% more than in 2023. This figure is the highest since 2015. The document analyzed factors impacting customs payment amounts: dynamics of imports and structure of trade flows, changes in the common customs tariff (CCT) rates, as well as tariff exemptions and CCT exceptions. A new section on developing a methodology for calculating the distribution ratios of import customs duties between the budgets of the EAEU countries is added. "Growing amounts of import customs duties indicates positive dynamics so our task is not only to maintain the current trends but also to enable a further increase in the economic effects from integration," noted Bakhyt Sultanov, EEC Minister in charge of Economy and Financial Policy. The Intergovernmental Council instructed the EEC Board to continue its work on monitoring transfer and distribution of import customs duties between the budgets of the Member States.
14 Aug 2025
Cooperation between EAEU countries in tourism can catalyze economic growth
On its official website, the Eurasian Economic Commission is developing a section about the Eurasian tourist routes to include information on over 400 attractions in the Eurasian Economic Union countries. This was announced by Lusine Bagratuni, Deputy Director of the EEC Business Development Department, during the session "Digital Vector of Eurasian Tourism: Integration and Growth Strategies" at the Kyrgyz-Russian Economic Forum in Bosteri, Kyrgyzstan, on August 14.
14 Aug 2025
Varos Simonyan: "Digital sovereignty in the EAEU context means shaping digital independence by joint efforts"
On August 14, priorities of digital development and measures to enhance cooperation in that area were discussed at the plenary session of the 7th Kyrgyz-Russian Economic Forum "Digital Sovereignty as a Factor of Stable Growth and Technology Cooperation in the EAEU" held in Bosteri (Kyrgyzstan). The meeting was moderated by Varos Simonyan, the EEC Minister in charge of Internal Markets, Informatization, Information and Communication Technologies.
13 Aug 2025
EAEU economies' growth rates outpace global average
Alexey Vedev, Director of the Eurasian Economic Commission's Macroeconomic Policy Department, spoke about the positive dynamics of economic development and strengthening of integration ties within the Eurasian Economic Union at a conference in the village of Bosteri, Issyk-Kul Region, the Kyrgyz Republic, dedicated to the 10th anniversary of Kyrgyzstan's accession to the EAEU.
13 Aug 2025
Arzybek Kozhoshev: "Kyrgyzstan has come a long way over ten years in the EAEU"
On August 13, an international conference dedicated to the 10th anniversary of the Kyrgyz Republic's accession to the Eurasian Economic Union was held at the 7th Kyrgyz-Russian Economic Forum in Bosteri (Kyrgyz Republic).
08 Aug 2025
EAEU developing mechanism for interaction between state control bodies, accreditation bodies and customs authorities
On August 8, a high-level meeting chaired by Valentin Tataritsky, the EEC Minister in charge of Technical Regulation, and attended by Ruslan Davydov, the EEC Minister in charge of Customs Cooperation, discussed the mechanism of interaction between state control bodies, accreditation bodies and customs authorities of the Eurasian Economic Union countries at the Eurasian Economic Commission's headquarters.
08 Aug 2025
State support for agriculture discussed at EEC round table
On August 8, experts from national agricultural authorities shared their experience in developing instruments of state support for agriculture in the Eurasian Economic Union countries at a specialized round table held at the Eurasian Economic Commission's headquarters.
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