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05 Jun 2023 EAEU countries maintained their macroeconomic sustainability in 2022 The trends and prospects for social and economic development of the Eurasian Economic Union Member States in 2022 along with macro-economic policy measures were discussed by members of the Advisory Committee on Macroeconomic Policy of the Eurasian Economic Commission. The meeting was held on June 2 in Moscow.   Reflecting on economic development of the EAEU States in 2022, Sergei Glazyev, EEC Minister in charge of Integration and Macroeconomics, noted that despite challenging external environment Member States were able to ensure their financial stability and maintain an upward trend in their foreign and mutual trade. "Pessimistic forecasts did not prove their value – a decline in the EAEU economic activity was negligible. Significant economic growth potential remains as there is room for increasing industrial output. That is due to the fact that domestic market was partly vacated by a number of foreign suppliers and manufacturers, as well as due to the existing opportunities to increase capacity utilization and import substitution. At the same time, it is necessary to apply special refinancing instruments more broadly," stressed Sergei Glazyev.    The Commission presented the results of monitoring macroeconomic indicators defining sustainable economic development of the Eurasian Economic Union States as of year-end 2022. It is highlighted that inflation accelerated in all the EAEU countries. Its estimated value grew from 12.7% in 2021 to 13.3% in 2022. Inflation was the lowest in Armenia (8.3%); consumer prices over the year were most stable in Kyrgyzstan. "As of year-end 2022, the quantitative budget deficit value in the state-controlled sector was not exceeded by the EAEU countries. Budget balances of most EAEU States improved, while the debt of the state-controlled sector was significantly reduced in Armenia and Kyrgyzstan," told Mikhail Silvestrov, Head of the EEC Section of Cooperation in Implementing the Agreed Macroeconomic Policy.      An intensified growth of budget revenues in all the EAEU countries facilitated their budget stability. In most of the Union countries budget expenditures grew extensively, which was largely conditioned by supporting their economies in the settings of external shocks and growing inflation. For reference The Commission supervises the agreed macro-economic policy of the Member States via monitoring macro-economic indicators defining the Member States' sustainable economic development and conformity of their quantitative values with the targets established by Article 63 of the Treaty on the EAEU: the inflation rate (consumer price index) on a yearly basis (December on previous December as a percentage) should not exceed by more than 5 percentage points the inflation rate in the Member State where this figure is the lowest; the consolidated budget deficit of the state-controlled sector should not be over 3% of GDP; the debt of a state-controlled sector should not be over 50% of GDP. If the quantitative values of macro-economic indicators are exceeded, the Commission develops its recommendations and joint measures aimed at stabilizing the economic situation in such Member State.
EEC improves Union's technical regulations, coordinates development of interstate standards and develops uniform requirements to market circulation of specialized veterinary products 02 Jun 2023 EEC improves Union's technical regulations, coordinates development of interstate standards and develops uniform requirements to market circulation of specialized veterinary products The meeting of the Advisory Committee on Technical Regulation, Application of Sanitary, Veterinary and Phytosanitary Measures, chaired by Viktor Nazarenko, Minister in charge of Technical Regulation of the Eurasian Economic Commission, approved draft amendments No. 2 to the Customs Union's Technical Regulations "On safety of railway rolling stock", " On safety of high-speed rail transport" and “On safety of rail transport infrastructure” to be sent for public discussion. Draft amendments No. 1 to the Customs Union's Technical Regulation "On safety of small size vessels" and the program for developing interstate standards to two Technical Regulations of the Union - "On safety of products intended for civil defense and protection against natural and man-made emergencies" and “On safety of underground rolling stock” were approved for consideration at the EEC Board's meeting. The Advisory Committee also recommended to send for consideration at the EEC Board's meeting the Rules for regulating the circulation of veterinary disinfectants, insecticides and decontaminants, envisaging uniform requirements and conditions for the circulation of these types of goods in the Union market, and draft amendments to Decision No. 1 of the EEC Council dated January 21, 2022, which will determine transition periods for complying with the requirements to marking of medicinal products for human use and veterinary medicinal products, as well as the Good Manufacturing Practices of the Eurasian Economic Union.  As advised by the Union States' authorized bodies, the Advisory Committee approved the updated composition of the Expert Working Group on drafting second-level documents as part of implementing the Eurasian Economic Union's Technical Regulation "On safety of chemical products". Following the consideration of amendments to certain technical regulations of the Union on the basis of the research activities carried out by the Commission, including the assessment of the scientific and technical level of the Union's technical regulations, the Member States' authorized bodies will further examine the results of such research activities to prepare proposals for making amendments to the Plan for developing technical regulations.
02 Jun 2023 Goar Barseghyan: "Human capital development is the main factor for stable and balanced economic growth of the EAEU countries" This was stated by Goar Barseghyan, Director of the Integration Development Department of the Eurasian Economic Commission, at the conference "Development of Russian-Armenian Relations in the Eurasian Space" held on June 1 in Yerevan. Goar Barseghyan has stressed that economic and geopolitical challenges require great efforts and flexibility in joint actions, as well as the unconditional achievement of the objectives set in the Treaty on the Eurasian Economic Union and the Strategy-2025. “The implementation of all the agreements will enable us to start drafting a program document for the Union's further development with due regard to the actual state of affairs and existing risks. We are confident that the Russian Federation's chairmanship in the EAEU governing bodies this year will greatly contribute to achieving this objective”, Goar Barseghyan noted. Today's choice of priorities and the decisions being adopted will determine the future of the Eurasian economic integration. “We see human capital development as a permanent priority, as well as the main factor for stable and balanced economic growth of the Union countries. We are confident that the inclusion of social areas in the integration agenda will enable reaching a whole new level of economic cooperation”, Goar Barseghyan emphasized. The Commission's representative drew attention to the increasingly larger role of the expert, scientific and business communities as the driving force of integration processes and the need for their active involvement in developing proposals for the EAEU further development. “The increased involvement of citizens, public associations and business communities in the Eurasian integration development is one of the important joint objectives, the achievement of which will make it possible to create a modern, attractive and comfortable image of the future Union”, Goar Barseghyan concluded. The event was held at the initiative of the EAEU Center for International Legal Cooperation, the Research and Analytical Public Organization "Integration and Development" and the Eurasian Expert Club.
01 Jun 2023 Artak Kamalyan and Yerbol Karashukeev discussed prospects for cooperation development in Union’s agricultural sector A number of issues related to the development of cooperation between the Eurasian Economic Union countries in the agricultural sector, including food security in modern conditions, were discussed today by Artak Kamalyan, EEC Minister in charge of Industry and Agriculture, and Yerbol Karashukeev, Minister of Agriculture of the Republic of Kazakhstan, at a working meeting held in the Eurasian Economic Commission. The parties paid special attention to the development of common approaches to regulating the circulation of agricultural seeds in the EAEU States, and Kazakhstan’s internal legal procedures for signing this year the Agreement on the rules for issuing (issuing), circulation and redemption of warehouse certificates for agricultural products within the Union. Outcomes of the internal approval of the draft Agreement on the procedure for recognizing organic products within the EAEU were discussed as well. “Developing interaction between the EAEU countries in the agricultural sector is of strategic importance for all participants in this process. It is gratifying that each of the Union countries strives for constructive dialogue and practical implementation of our overall objectives,” Artak Kamalyan said. Yerbol Karashukeev noted the Ministry’s readiness to continue work on joining Kazakhstan to the general process “Formation, maintenance and use of a unified register of agricultural plant varieties” and the interest in organizing regular working contacts between specialists to address technical issues. The parties agreed to continue joint work on forming joint indicative balances of supply and demand and indicative (forecast) indicators of trade for 2023 with regard to certain types of agricultural products. Yerbol Karashukeev invited Artak Kamalyan and representatives of the Agricultural Policy Department to take part in international agricultural exhibitions to be held in Astana and Almaty in October and November this year. Following the meeting, the Ministers confirmed their intention to develop a mutually beneficial partnership for fulfilling the EAEU countries’ potential in the agricultural sector.
01 Jun 2023 Mikhail Myasnikovich wished Nikol Pashinyan happy birthday Mikhail Myasnikovich, Chairman of the Board of the Eurasian Economic Commission, wished Nikol Pashinyan, Prime Minister of the Republic of Armenia, Member of the Supreme Eurasian Economic Council and Member of the Eurasian Intergovernmental Council, a happy birthday. “Today, under your wise leadership, Armenia implements important political and socio-economic reforms aimed at developing the welfare of the state and ensuring sustainable growth,” the congratulatory letter reads. Separately, Mikhail Myasnikovich thanked Nikol Pashinyan for his special attention paid to strengthening mutually beneficial relations between the Eurasian Economic Union countries. The Head of the EEC Board wished Nikol Pashinyan good health, well-being, and further success in state and international activities.
EAEU technical regulation for products intended for civil defense and protection against natural and man-made emergencies comes into effect 01 Jun 2023 EAEU technical regulation for products intended for civil defense and protection against natural and man-made emergencies comes into effect Technical regulation of the Eurasian Economic Union “On safety of products intended for civil defense and protection against natural and man-made emergencies” (TR EAEU 050/2021) comes into effect on June 1. The technical regulation establishes uniform mandatory requirements to the following types of products put into circulation in the Union’s territory: means of civil defense shelters (protective and hermetic devices, ventilation units, filters); control hardware, technical means of communication and warning (automated working stations, subscriber terminals); technical means of monitoring emergency situations (software and hardware complexes, data transmission means, sensors); emergency and rescue means (accident rescue vehicles, robotic tools, tools and means of searching for injured people). The conformity of products with the technical regulation requirements is assessed in the form of certification and is ensured by applying the standards included in the lists of standards approved by the Commission’s Board on May 30 this year. A transition period of 1.5 years until January 1, 2025 has been established for a smooth phased transition to the technical regulation requirements, including for the accreditation of conformity assessment bodies. The technical regulation does not apply to products designed and modified to identify, detect, or protect against bacteriological (biological) objects and radioactive materials that can be used for military purposes; products designed and modified to identify, detect, or protect against toxic chemicals used in chemical weapons and riot control chemicals, and specially designed components therefor; personal protective equipment subject to the Union’s Technical Regulation “On safety of personal protective equipment” (TR CU 019/2011).
31 May 2023 Technological sovereignty of EAEU countries should be ensured to extent possible This was stated by Mikhail Myasnikovich, Chairman of the Board of the Eurasian Economic Commission, speaking at the final board of the Ministry of Industry and Trade of the Russian Federation in Moscow. According to Mikhail Myasnikovich, the EEC has a scientific and technical council that notes the importance of involving science in new technologies.  "You must admit that if you create new production facilities based on someone else's developments, this will not be the desired technological sovereignty,” he noted. The Head of the EEC Board called upon for monitoring compliance with product safety requirements with regard to suppliers of goods from third countries:    “Nowadays, foreign products enter the internal market on a wholesale with false declarations and certificates of conformity. There are a lot of such facts when goods from third countries enter our market in a hardly competitive way. We should think to adopt an appropriate government decision”.  
31 May 2023 EAEU countries stand for formation of healthy lifestyle of citizens The Eurasian Economic Commission's Board considered a Report on applying international experience in the Eurasian Economic Union States in combating tobacco, alcohol and drug dependency. The document was prepared by the EEC jointly with the EAEU countries' authorized bodies as part of implementing the Strategy-2025. The Report contains information on regulatory legal acts, national plans, strategies of the Member States regulating the fight against tobacco, alcohol and drug dependencies, as well as the main documents of the World Health Organization (WHO). Implementing the national economic interests of the Union countries is largely determined by the resource potential, one component of which is a healthy population. In this regard, intensifying the efforts of all interested parties aimed at combating tobacco, alcohol and drug dependencies will contribute to forming a healthy lifestyle in the EAEU. The World No Tobacco Day is celebrated annually on May 31 and was established by the WHO in 1988 to combat smoking.
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