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11 Apr 2025 EEC held seminar on developing cooperation on technical regulation with Iran The Eurasian Economic Commission held a seminar under the chairmanship of Andrey Slepnev, EEC Minister in charge of Trade, and Valentin Tataritsky, EEC Minister in charge Technical Regulation, on the prospects of cooperation with Iran in the field of technical regulation, turnover of medicines and medical products. The meeting was held ahead of the enactment of the Free Trade Agreement between the Eurasian Economic Union and the Islamic Republic of Iran on May 15 this year. The seminar was attended by representatives of government agencies, business associations and companies of the EAEU countries interested in developing cooperation with Iranian partners and entering the Iranian market. "The Iranian party expressed interest in the convergence of regulatory approaches to clinical trials and registration of pharmaceutical products. For our part, we see the interest of the business community in the Iranian party eliminating technical barriers to the access of wheeled vehicles, as well as medical equipment," mentioned Andrey Slepnev. According to him, the improved regulatory part of the Agreement regarding technical barriers to trade fully complies with the rules of the World Trade Organization, which is especially important given that Iran is not a member of this international organization. "The most practice-oriented mechanism for settling the problems of product access to the Iranian market for our entities appears to be the working group on technical barriers to trade. The Agreement provides for the establishment of such a thematic group. The working group can consider specific export cases of our organizations related to technical requirements in Iran or conformity assessment procedures and try to reach some selective agreements," noted Valentin Tataritsky. He proposed that the full range of possibilities available to address technical barriers to trade should be considered, including bilateral agreements of the Union States with Iran. The most promising areas of interaction with Iranian partners in the field of technical regulation are planned to be included in the draft Joint Action Plan (Road Map) on trade and economic cooperation between the EAEU, its Member States and Iran, which is currently under development and is aimed at implementing the provisions of the Agreement.
11 Apr 2025 EEC intensifies use of financial support mechanism in railway mechanical engineering A delegation of the Eurasian Economic Commission headed by Goar Barseghyan, Minister in charge of Industry and Agriculture, visited Tver Region to look into the operations at the production sites of the Key Systems and Components Group of Companies (KSC GC). This holding is one of the largest Russian manufacturers of systems and components for rail rolling stock. During the visit to the KSC GC industrial technopark and the holding's enterprises, the parties discussed the use of the financial support mechanism for industrial cooperation within the framework of the Eurasian Economic Union for the implementation of the Moscow – St. Petersburg high-speed railroad project. "We expect that the financial support mechanism will be successfully used by the holding for modernization and expanding its production capacity, as well as to create new cooperation chains with enterprises of the EAEU countries. We can create new cooperation chains, which will strengthen the positions not only of KSC, but also of the whole Eurasian industry," Goar Barseghyan pointed out. KSC GC unites more than 20 enterprises in ten regions of the Russian Federation, employing over 16,000 people. The KSC clients are more than 200 companies in Russia and Europe.
10 Apr 2025 Commission Discussed Access of EAEU Agricultural and Food Products to Iranian Market At the Eurasian Economic Commission Vladimir Serpikov, Director of the EEC Trade Policy Department, and Vladimir Sinkevich, Director of the EEC Department for Sanitary, Phytosanitary and Veterinary Measures, led a discussion with representatives of government agencies, business associations and businesses on the access of agricultural produce from the countries of the Eurasian Economic Union to the Iranian market. The meeting was held ahead of the entry into force on May 15 this year of the Free Trade Agreement between the EAEU and the Islamic Republic of Iran. The preferential coverage of the Agreement is 67% of the agricultural commodity nomenclature, which accounts for 98% of EAEU agricultural exports to Iran. The liberalized trade regime will significantly reduce the level of tariff protection of the Iranian party: Iran's average MFN rate for all agricultural commodity nomenclature will fall from 30% to 14%. "The agreement creates unique tariff conditions for EAEU businesses to access the Iranian market, including in terms of food products. In this regard, it is necessary to identify the barriers and problematic issues that we should above all pay attention to while developing cooperation with Iran in this area," said Vladimir Serpikov. He also reminded that the Agreement simultaneously improves the regulatory part concerning the application of sanitary, veterinary and phytosanitary quarantine measures, which can have a significant impact on mutual trade. "The EAEU has established a regulatory and legal framework in the field of SPS measures, which sets requirements to safety, including with regard to food products, for import procedures and product movement across the territory of the Union. When complying with the EAEU law in these areas, products of third countries, including Iran, can enter the market of the EAEU Member States," shared Vladimir Sinkevich. Access of agricultural produce, including the application of sanitary and phytosanitary measures, is proposed to be discussed with the Iranian party during the first meeting of the Joint Committee for Implementing the Agreement, scheduled for the second half of 2025. In addition, the most promising areas of interaction with Iranian partners in this field are planned to be included in the draft Joint Action Plan (Road Map) on trade and economic cooperation between the EAEU, its Member States and Iran, aimed at implementing the provisions of the Agreement.
10 Apr 2025 Naira Karapetyan, "The EEC plans to approve a list of additional measures for the sugar market of the EAEU countries to develop sustainably" The agricultural sector is one of the strategic industries for all countries of the Eurasian Economic Union and over the past five years it has demonstrated an output growth of almost 15%. This was stated by Naira Karapetyan, Director of the Agricultural Policy Department of the Eurasian Economic Commission, at the international conference "CIS Sugar Market 2025. New Challenges" on April 10 in Moscow. At the same time, according to the EEC representative, the Union imports significant amounts of production factors for high-tech industries. To mitigate this situation, the Commission, within its agreed agricultural policy, makes recommendations based on comprehensive reviews of the development of markets for sensitive agricultural goods to identify possible joint measures. "The Commission plans to approve the list of additional measures for the sugar market of the Union states to develop sustainably, which envisages exploring innovations and technological solutions in the field of advanced refining of sugar and its by-products, as well as other measures," Naira Karapetyan informed the conference participants. The annual conference is traditionally attended by sugar producers from the CIS countries, relevant government agencies, trading companies and industrial consumers of sugar, manufacturers of fertilizers and agricultural machinery, crop protection products, sugar beet seed suppliers, representatives of the banking and financial sector, as well as logistics companies.
EEC conducted monitoring of macroeconomic indicators determining sustainability of EAEU States’ economic development 09 Apr 2025 EEC conducted monitoring of macroeconomic indicators determining sustainability of EAEU States’ economic development The monitoring showed that as of year-end 2024 the debt of the state administration sector in the EAEU States was within the limits established by the Treaty on the Eurasian Economic Union. In some countries, the debt-to-GDP ratio decreased: in Kyrgyzstan to 13.1%, in Russia to 13.6%. In Armenia and Kazakhstan, due to increased domestic borrowings, the debt-to-GDP ratio increased to 48.2% and 23.2%, respectively. The budget balance of the state administration sector in most countries of the Union was also within the established limits: Kazakhstan and Russia showed a moderate deficit of 0.7% and 1.2% of GDP, respectively; while Kyrgyzstan had a budget surplus at 3.5% of GDP. The budgets were primarily supported by growing tax and non-tax income. The exception is the Republic of Armenia, where the budget deficit exceeded the established limit, amounting to 3.5% of GDP, due to increased expenditures on social benefits. In accordance with Article 63 of the Treaty on the Eurasian Economic Union, the main macroeconomic indicators that determine the sustainability of the countries’ economic development include: deficit of the consolidated budget of the state administration sector not exceeding 3% of GDP, and debt of the state administration sector not exceeding 50% of GDP.
08 Apr 2025 Alexander Titov appointed Deputy Director of EEC Department for Customs Legislation and Law Enforcement Practice Alexander Titov was born on November 12, 1965 in Ufa, the Russian Federation. In 1987, he graduated from Ufa State Aviation Institute. In 1989-1991, he served in the Army. From 1992 to 2001, he worked at the Ufa Customs, rising from an inspector to deputy chief. In 2001-2004 and 2011-2014, Alexander Titov served in the Representative Office of the Russian Customs Service in Ukraine. From 2014 to 2024, he held various positions in the central office of the Federal Customs Service. His latest position was Deputy Head of the Main Directorate "Center for Monitoring and Operational Control of the FCS of Russia". In 2024–2025, he served as Director of the Eurasian Economic Commission's Department for Customs Legislation and Law Enforcement Practice. Alexander Titov has a number of departmental and state awards. Since April 1, 2025 he was appointed Deputy Director of the Eurasian Economic Commission's Department for Customs Legislation and Law Enforcement Practice.
08 Apr 2025 David Gevorgyan appointed Deputy Director of EEC Administrative Department David Gevorgyan was born on April 28, 1986 in Yerevan. In 2007, he graduated from the International Academy of Entrepreneurship. From 2007 to 2012, he worked at the Ardef Development Fund of Armenia, serving as its head the last three years. 2012–2016: Chief Specialist of the First Division for the Implementation of the Economic and Social Security Strategy of the Department for the Implementation of the National Security Strategy, the Office of the National Security Council of the Republic of Armenia. 2016–2018: Aide to the Head of the Presidential Executive Office of the Republic of Armenia. From 2018 ­to 2022, he was in charge of protocol of the Vice Prime Minister of the Republic of Armenia. In 2022–2025, he was Aide to the Minister in charge of Internal Markets, Informatization, Information and Communication Technologies of the Eurasian Economic Commission. Since April 1, 2025 he was appointed Deputy Director of the Eurasian Economic Commission's Administrative Department.
08 Apr 2025 EAEU identified industries with greatest cooperation and export potential On April 8, the Board of the Eurasian Economic Commission approved the report "On the Results of Analyzing Promising Markets and Industries for Joint Exports of Non-Resource, Including High-Tech, Products of the Eurasian Economic Union Member States". The report identifies the industries, including high-tech ones, that have the greatest cooperation and export potential. In particular, these are the chemical, metallurgical, pharmaceutical, electro-optical, automotive and aircraft industries. The recommendations set out in the document are aimed at ensuring the growth of priority industries, the promotion of innovation activity, the joint development of knowledge-intensive industries, as well as exploring new types of competitive export-oriented products. "The Union countries have significant scientific and industrial potential for the development of key industries," emphasized Goar Barseghyan, EEC Minister in charge of Industry and Agriculture. "At the same time, import substitution in high-tech industries, such as machine building, electronics and chemicals, remains a priority in the cooperation between the Member States."
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