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Main Directions of EAEU International Activities for 2024 approved
At the meeting of the Supreme Eurasian Economic Council held on December 25 in St. Petersburg, the Heads of State of the Eurasian Economic Union approved the Main Directions of the EAEU International Activities for 2024.
As noted in the document, the Union's priorities in 2024 will include such areas as interaction with the CIS States and other near abroad countries, developing cooperation with the Observer States at the Union – Cuba and Uzbekistan, developing a systemic dialogue with the Shanghai Cooperation Organization (SCO), the Association of Southeast Asian Nations (ASEAN), the BRICS countries and other States and integration associations of Central Asia and the Middle East to enhance economic cooperation in the context of the Greater Eurasian Partnership idea.
Other priorities include promoting the fulfillment of the Member States' export potential, developing the Eurasian transport corridors as a component of the system of global transport communications, creating favorable conditions for the business community, including the simplification of trade procedures and elimination of internal barriers, and others.
The primary Union's efforts will be focused on developing the already established cooperation mechanisms, including within the concluded memoranda, declarations and trade agreements. These issues are covered by the first section of the document. The mentioned international organizations include the United Nations (UN), including its regional commissions, the World Customs Organization (WCO), the World Trade Organization (WTO) and others; the regional associations include the CIS, SCO, ASEAN, the Southern Common Market (MERCOSUR), the African Union and others. The emphasis is laid on interaction with key partner States in Eurasia, Africa, Latin America, the Middle East, as well as with China under the Agreement on trade and economic cooperation, Vietnam, Serbia, Singapore and Iran under preferential trade agreements.
The second section of the document outlines potentially promising areas of international cooperation. The final part contains proposals to improve the efficiency of the Union’s international activities.
For reference
The EAEU international activities are carried out in accordance with Article 7 of the Treaty on the EAEU and the Procedure for implementing international cooperation by the Eurasian Economic Union. According to paragraph 5 of the Procedure, the Main directions of the Union's international activities are formed.
The EEC has concluded more than 45 memoranda with international organizations and about 50 documents, including trade agreements, with governments, ministries and agencies of third countries, as well as regional integration and interstate associations.
