Font size: A A A

Site colors: C C C

Standard web site version

Choose dates

Choose department

Search results: 6228

01 Jul 2025 Program for developing standards for cosmetic products amended The Board of the Eurasian Economic Commission approved amendments to the Program for developing interstate standards that ensure the implementation and application of the Technical Regulation "On Safety of Perfumery and Cosmetic Products." The amendments envisage developing five interstate standards, including two standards for detecting formaldehyde in perfumery and cosmetic products based on the standards of the People's Republic of China; two standards for test methods for sunscreens based on ISO international standards; and one standard for Halal perfumery and cosmetic products based on the standard of the Standards and Metrology Institute for Islamic Countries (SMIIC). It is also planned to make amendments to nine interstate standards.

30 Jun 2025 Implementation of intelligent transport systems discussed at Eurasian Economic Forum Prospects for introducing intelligent transport systems in the Eurasian Economic Union States were in discussion focus at a working meeting between Arzybek Kozhoshev, Minister in charge of Energy and Infrastructure of the Eurasian Economic Commission, and Alexander Semkin, President of the Russian Association for Developing Digital Transport Technologies "Digital Era of Transport", held on the sidelines of the Eurasian Economic Forum in Minsk. During the negotiations, the EEC Minister informed about the implementation of the Concept for Improving the Interoperability of Intelligent Transport Systems of the EAEU Member States, approved by the EEC Council in January this year. The meeting participants exchanged views on the list of basic services to be implemented, as well as on the unification of requirements to the formats of information exchange between ITS of the Union countries. "Given the different level of ITS implementation in our states, it is crucial to create a seamless EAEU digital space based on unified standards and requirements," Arzybek Kozhoshev emphasized. The two sides agreed to continue discussing these issues at the annual International Forum "Intelligent Transport Systems of Russia. Digital Age Transportation" in September.

30 Jun 2025 Thai entrepreneurs positively assessed prospects of operating in EAEU market At the request of Thailand's business community, the Eurasian Economic Commission, jointly with the Royal Thai Embassy in Moscow and the Thai Trade Center in Moscow, organized an online seminar "EAEU Rising Potential Markets for Thai Entrepreneurs in the Dynamic International Trade". "A developed and clear infrastructure of interaction between the Eurasian Economic Union and Thailand is established. The EEC and the Government of Thailand continue to implement the Memorandum of Cooperation concluded in 2018. There were two meetings of the joint working group. The key areas of cooperation of greatest interest are identified," told Mikael Belluyan, Director of the EEC Integration Development Department. He also noted that the EAEU-Thailand dialogue is open for businesses. Most of the events organized by the EEC, including those targeting ASEAN countries, are held for business audiences and enable direct communication between entrepreneurs. The Head of the Department noted the potentially priority areas of cooperation that could be drivers for developing the EAEU-Thailand dialogue featuring business circles. These are digitalization, industrial cooperation and food security, transport and logistics, and the financial services sector, including payment issues. In turn, Sunanta Kangwalkulkij, Director of the Department of International Trade Promotion of the Ministry of Commerce of the Kingdom of Thailand, positively assessed the opportunity of unlocking the high potential of trade and economic cooperation between Thailand and each of the EAEU states. The seminar focused on practical procedures of access to the EAEU market, trade policy, customs and tariff regulation in the Union, the potential for cooperation between the Member States and Thailand in the field of industry, transport and logistics. Representatives of Thai business circles shared positive examples of their operation in the EAEU market.

27 Jun 2025 Andrey Slepnev: "Labelling of goods in the EAEU has proved its efficiency" This was stated by Andrey Slepnev, Minister in charge of Trade of the Eurasian Economic Commission, after considering the development of the system for labelling goods with identification means at the June 27 meeting of the Supreme Eurasian Economic Council in Minsk. Since 2019, a total of about 274 billion commodity items have been labeled in the Eurasian Economic Union. The proven effects are market regularization, reduced volume of counterfeit products, an increased number of lawful companies, growing profitability of bona fide producers and increased budget receipts", said Andrey Slepnev. The effect of labelling is confirmed by the data of the EAEU countries. For example, in Armenia, the increase in the number of lawful producers and importers of goods amounted to 7%. In Kazakhstan, the turnover of counterfeit tobacco products decreased by $24.7 million. In the Russian Federation, the market regularization growth reached 22% for dairy products, 36% for light industry goods, 18% for footwear, 43% for perfumes. "The Member States' budgets have also benefited significantly from the introduction of labelling. The increase in tax and duty revenues is observed across all countries and directly depends on the number of categories of goods for which labelling is introduced in each country," said Andrey Slepnev. For example, in Russia, where the maximum number of categories of goods are labeled, the additional budget revenues from the sale of labeled products amounted to $15 billion, while in Kyrgyzstan to $68 million. In Belarus, where national labelling was previously in effect, which significantly regularized the market even before the introduction of the all-Union rules, the additional budget revenues reached $4.64 million. The next step will be further improvement of the labelling system to better combat illegal products.  "The first priority is to strengthen the role of national labelling systems for controlling the legality of origin and safety of goods," emphasized Andrey Slepnev. In addition, the all-Union work will continue on the technological improvement of the EAEU labelling system and on the legal safeguarding of the freedom of movement of labeled goods.

27 Jun 2025 Arzybek Kozhoshev: "The common market will ensure equal access to transboundary trade in electricity" Arzybek Kozhoshev, Minister in charge of Energy and Infrastructure of the Eurasian Economic Commission, took part in the round table "EAEU Common Electric Power Market: Future Outlook" at the EEF 2025 in Minsk, dedicated to the prospects of integrating the electric power markets of the Eurasian Five States. "The common market will provide equal access to transboundary trade in electricity, expand the volume and methods of mutual trade, make it possible to equalize the load schedule in the energy systems of the Eurasian Economic Union countries and abandon excessive construction of generating capacities. This will increase the energy security of the Member States," Arzybek Kozhoshev noted. The event participants noted the progress in establishing the regulatory framework for the EAEU common electric power market, considered the specifics of reforming and developing the internal electric power markets in the context of integration and identified the prospects and priorities for the development of the real sector and the business community of the Union countries under the conditions of the future market functioning. "By now, almost the entire regulatory framework for the functioning of the electric power market has been approved, and the Accession Treaty with regulations has been prepared to a large extent. At the same time, it is extremely important to follow the principles of establishment and functioning of the common electric power market enshrined in the Treaty and implemented in the rules, including in view of the extensive impact of the electric power industry on the real sector," Arzybek Kozhoshev informed. The round table was attended by heads and experts from more than 50 industry organizations, confirming the high interest of business and regulators in the establishment of a common electric power space. The discussion participants were heads of energy agencies and representatives of infrastructure and exchange organizations of the EAEU States.

27 Jun 2025 EAEU and Mongolia concluded interim trade agreement On the sidelines of the June 27 Supreme Eurasian Economic Council's meeting in Minsk, an Interim Trade Agreement was signed between the Eurasian Economic Union and its Member States, on the one part, and Mongolia, on the other part. The document was signed by: Mher Grigoryan, Vice Prime Minister of the Republic of Armenia; Natalia Petkevich, Deputy Prime Minister of the Republic of Belarus; Serik Jumangarin, Deputy Prime Minister — Minister of National Economy of the Republic of Kazakhstan; Daniyar Amangeldiev, First Deputy Chairman of the Cabinet of Ministers of the Kyrgyz Republic; Alexey Overchuk, Deputy Chairman of the Government of the Russian Federation; Bakytzhan Sagintaev, Chairman of the Board of the Eurasian Economic Commission; as well as Uchral Nyam-osor, Deputy Prime Minister of Mongolia and Minister of Economy and Development. The signed agreement marks a new stage in the development of trade relations between the EAEU countries and Mongolia. It covers 367 commodity sub-items for each party, on which customs duties will be zeroed out or reduced from the date the document enters into force. The agreement is concluded for three years with a possibility to renew it for an additional three-year period. "According to statistics, tariff preferences will cover $2 billion of EAEU exports to Mongolia, i.e. more than 90%. The agreed preferences will allow EAEU companies to save up to $100 million annually," noted Andrey Slepnev, Minister in charge of Trade of the Eurasian Economic Commission. As he explained, in accordance with the signed trade agreement agriculturists of the EAEU countries will have preferential conditions for supplying to the Mongolian market such essentials as wheat, corn, dairy products, vegetable oils, meat and poultry products, sugar, confectionery, cheese, mineral water and alcoholic beverages. As for industrial goods, growth in supplies is forecast for metallurgy products (ferroalloys, hot-rolled and cold-rolled steel, rods, angles, pipes, etc.), motor vehicles (cars, buses, trucks, special machinery, automotive components, trailers, etc.), products of railway engineering and chemical industry (polymers, plastic sheets and parts), tires, nitrogen fertilizers, medicines, etc. In turn, Mongolian goods with preferential access will be meat (horse meat, cattle meat, mutton, canned meat, offal), dairy products (yogurts, cheese), light industry goods (wool, yarns), as well as finished light industry products of high-quality, including knitted and textile clothing. Possibilities for further cooperation are set out in the non-tariff part of the agreement: in technical regulation, sanitary, veterinary and phytosanitary measures, customs cooperation, e-commerce and economic cooperation. "Over the past few years, trade turnover between the EAEU and Mongolia has already grown more than one and a half times. We expect that once the agreement is operational, this trend will be maintained and reinforced, which will allow us to increase our trade turnover to $3 billion," Andrey Slepnev stated. Once signed, the Interim Trade Agreement will be submitted for ratification procedures in Mongolia and the EAEU countries required for its enactment.

27 Jun 2025 EAEU and Nicaragua: mutual intention to expand contacts and intensify trade and economic dialogue On the sidelines of the Eurasian Economic Forum in Minsk, there was a meeting between the co-chairs of the working group on interaction between the EEC and the Government of Nicaragua: Eldar Alisherov, EEC Minister in charge of Integration and Macroeconomics, and Laureano Ortega Murillo, Adviser to the President of Nicaragua for Investments, Trade and International Cooperation. "By signing the 2024 Memorandum of Cooperation between the EEC and the Government of Nicaragua, we have taken our dialogue to a qualitatively new level. Our common goal is to coordinate joint efforts to increase and diversify trade and economic cooperation, exchange of experience in sectors of mutual interest, as well as to assist representatives of business circles of the EAEU and Nicaragua in establishing direct interaction," Eldar Alisherov noted. The co-chairs exchanged information on the work done by the parties since the meeting of the joint working group held at the end of 2024, emphasizing the great potential for developing sectoral dialogue. In addition, the EEC Minister noted, "Jointly addressing the task of mutually beneficial increase in trade and economic cooperation, it is necessary to get to know each other better, to eliminate the lack of information about commercial opportunities and business environment. Business is the main driver and beneficiary of our dialogue." Laureano Ortega Murillo said that the agreements reached at the previous meeting of the joint working group in Moscow are being worked out precisely in this context. He also announced that Nicaragua is looking into the issue of obtaining the Observer State status at the EAEU, which confirms its interest in further intensification of trade and economic interaction between Nicaragua, the EAEU Member States and the EEC. Eldar Alisherov responded by clarifying the procedural matters of obtaining such status. The co-chairs of the working group acknowledged that in the future it would be advisable for the joint working group to focus on the issues of technical regulation, application of sanitary, phytosanitary and veterinary measures, consumer protection, pharmaceuticals and biotechnologies. Given the factor of geographical remoteness of the EAEU and Nicaragua, it is practical to pay attention to sectors that do not involve high transport costs and issues accompanying the development of digitalization and service provision. The next full-scale meeting of the joint working group on interaction between the EEC and the Government of Nicaragua is scheduled for the end of this year.

27 Jun 2025 EAEU and UAE signed economic partnership agreement On the sidelines of the June 27 Supreme Eurasian Economic Council's meeting in Minsk, an Economic Partnership Agreement was signed between the Eurasian Economic Union and its Member States, on the one part, and the United Arab Emirates, on the other part. The document was signed by: Mher Grigoryan, Vice Prime Minister of the Republic of Armenia; Natalia Petkevich, Deputy Prime Minister of the Republic of Belarus; Serik Jumangarin, Deputy Prime Minister — Minister of National Economy of the Republic of Kazakhstan; Daniyar Amangeldiev, First Deputy Chairman of the Cabinet of Ministers of the Kyrgyz Republic; Alexey Overchuk, Deputy Chairman of the Government of the Russian Federation; Bakytzhan Sagintaev, Chairman of the Board of the Eurasian Economic Commission; as well as Thani Bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade of the United Arab Emirates. The United Arab Emirates is one of the EAEU's main trading partners among the Gulf countries. The signed Economic Partnership Agreement is expected to mark a new milestone in trade relations with the UAE and take mutual trade to a new level. The work to conclude the Economic Partnership Agreement between the EAEU and the UAE, aimed at maximizing cooperation, lasted two and a half years. The created conditions will significantly increase trade turnover between the parties. "Within the framework of the new trade regime being established, the Emirati party has ensured preferential access for 86% of the commodity nomenclature. The Union's concessions cover 85% of the partner's commodity nomenclature," noted Andrey Slepnev, Minister in charge of Trade of the Eurasian Economic Commission. He specified that the preferential export coverage for our countries will extend to over 98% of current exports, or more than $12.1 billion in value terms. As a result of liberalizing the trade regime, the average rate applied by the UAE to EAEU goods will be reduced from 5% to 0.6%. Thus, annual savings on import customs duties are estimated at more than $260 million. In terms of goods, preferential access will be granted to key EAEU agricultural goods such as grains (wheat, barley, corn), meat (cattle, mutton, offal), poultry meat, eggs, dried vegetables (chickpeas, peas, lentils, beans), vegetable oil, dairy products (whole milk, milk powder, yogurts, whey, butter, cheese), confectionery, honey, mineral water, jams, chocolate. In terms of the industrial sector, concessions are granted to the following categories of goods: metallurgy products (rolled alloy steel products, hot-rolled and cold-rolled steel, finished ferrous metal products, pipes, sections and angles, iron, aluminum and copper wire, aluminum foil, etc.), petroleum products (including light and other distillates), timber products (boards, plywood, pallets, furniture, etc.), pulp, printing products, drilling tools, and a wide range of mechanical equipment, from turbines to certain types of pumps. Liberalization will also affect electrical equipment (generator units, primary elements and primary batteries, electric batteries, etc.), railway containers, motor vehicles including special machinery, cosmetics (hair products, perfumes, deodorants, etc.), chemical products (paints, oils, surfactants, fertilizers) and medicines. The United Arab Emirates will be able to increase supplies of a wide range of consumer goods. These involve cosmetics, perfumes, watches, certain types of clothing. "The agreement is really ambitious, and not only in terms of tariff liberalization, but also in terms of the regulatory environment it shapes," Andrey Slepnev told. According to him, the document enshrines provisions that meet the best international standards regarding e-commerce, economic cooperation and involvement of SMEs in foreign economic activities between the EAEU countries and the UAE. "Our trade has more than tripled since 2020. Thanks to the enthusiasm of businesses and active work of the EEC and regulators of our countries in the near future once the agreement is effective, the trade turnover may exceed $20 billion," the EEC Minister in charge of Trade expressed confidence. Once signed, the economic partnership agreement will be submitted for ratification procedures in the UAE and EAEU countries required for its enactment.

Display more