03 Feb 2025 Goar Barseghyan: "Digitalizing the EAEU countries' agricultural sector will accelerate its development and increase its competitiveness" The digitalization of agriculture in the Eurasian Economic Union will provide access to global markets, improve the security of food resources and facilitate access to financial services. These advantages were discussed at the panel session Digitalization as a Success Factor in Enhancing the Competitiveness of the EAEU Agro-Industrial Sector held in Almaty as part of the Digital Almaty 2025 forum. Speaking about the development of the digital economy in the EAEU agricultural sector, Goar Barseghyan, Minister of Industry and Agriculture of the Eurasian Economic Commission, noted that overall, the systemic measures taken by the Member States allowed to increase the volume of agricultural production by 25.4% over ten years. An important role in ensuring the Union's food security is played by mutual trade, the volume of which grew 1.6 times, thanks to which the availability of the main types of agricultural products and food the EAEU reached 93%. "It is important not only to maintain, but also to enhance this positive trend," the EEC Minister emphasized. According to Goar Barseghyan, technological innovations implementation will facilitate addressing this global challenge. "One of the tools for accelerated growth in agricultural production is the transformation of the agricultural market into a digital model. This is where the efforts of both the Commission and national governments are focused," she mentioned. According to the EEC Minister, the Commission launched an information resource, the Agricultural Industry Development Map, which interactively reflects information on more than 260 major investment projects being implemented in the EAEU, with total worth of over $18 billion. This information enables investors to make informed decisions on new agricultural projects, including those already underway. An important step in the development of electronic trade in agricultural produce was also the signing of the Agreement on the Rules of Issue, Circulation and Redemption of Warehouse Certificates for Agricultural Products. Its practical implementation will start from June 2026. The session was attended by representatives of the interested authorities of the EAEU countries, as well as international experts. During the discussions, the panelists emphasized the exchange of technologies and experience and proposed innovative solutions to deepen cooperation.
Display more