The matters of technical regulation, application of SPS-measures, customs cooperation, interaction in competition and market protection measures were discussed by the participants in the third meeting of the joint commission on implementing The Agreement on Trade and Economic Cooperation between the Eurasian Economic Union and the People's Republic of China that was held online on February 16 and chaired by Andrey Slepnev, Minister in charge of Trade of the Eurasian Economic Commission, and Li Fei, Assistant Minister of Commerce of the PRC.
An important outcome of the meeting was adoption of the road map on promoting trade and economic cooperation between the Eurasian Economic Union and its Member States, on the one hand, and the People's Republic of China, on the other hand, that includes activities in the field of digitalizing rail transport, exchange of information on strategic planning matters and joint research on the prospects of cooperation development.
Special attention was paid to implementing the industry agenda. In particular, it was agreed that this year the parties would hold joint events to study prospects for cooperation in the fields of public procurement, industry and finance, as well as for veterinary and phytosanitary cooperation.
"We have agreed to continue promotion of the "Eurasian Agroexpress" project aimed at expedited transportation of food products from the EAEU to China by rail," told Andrey Slepnev following the meeting. "The project has a special significance in the context of diversifying the nomenclature of goods supplied by our Union and increasing the trade turnover with the PRC that exceeded 200 billion dollars as of year-end 2022."
The Agreement on Trade and Economic Cooperation between the Eurasian Economic Union and its Member States, on the one part, and the People's Republic of China, on the other part, was signed on May 17, 2018 and entered into force on October 25, 2019.
The previous, second, meeting of the Joint Commission on implementing the Agreement chaired by Andrey Slepnev, EEC Minister in charge of Trade, and Wang Shouwen, Assistant Minister of Commerce of the PRC, was held via videoconferencing on December 21, 2021.