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EEC established Commission on cooperation and import substitution in priority and high-tech industries
The EEC Board adopted a disposition approving the Regulation on the Commission on cooperation and import substitution in priority and high-tech industries established by the Heads of Governments of the Eurasian Economic Union States in June this year.
The Import Substitution Commission will maintain an industrialization map, as well as shape directions for developing import substitution in the Union.
Artak Kamalyan, EEC Minister in charge of Industry and Agriculture, became the Chairman of the new working body. The Commission included deputy ministers of national authorized bodies in charge of manufacturing industry, science, economics, competition, transport, construction, energy, and foreign affairs.
“Our Commission will interact with industrial enterprises, sector-specific associations and chambers of commerce and industry of the Union countries. This will help build cooperative import-substituting chains and improve the competitiveness of high-tech products in the internal and foreign markets," Artak Kamalyan said.
The first meeting of the Import Substitution Commission is scheduled to be held early next year.
“It seems clear that first we have to determine the list of high-tech industries for cooperation in the EAEU. We will continue the work to supplement and update the industrialization map, and consider specific potentially cooperative projects for import substitution in the manufacturing industry,” the EEC Minister noted.
