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Search results: 6367
27 Jun 2025
EEF 2025 named labor migration as a resource for steady economic growth
On June 26, on the sidelines of the Eurasian Economic Forum, a round table "Labor Migration as a Resource for the EAEU States Sustainable Economic Growth: Creating Conditions for Attracting and Developing Qualified and Scientific Specialists within the EAEU" was held, which was attended by Alexey Vedev, Director of the Macroeconomic Policy Department of the Eurasian Economic Commission. He spoke about the prospects of science and technology cooperation between the Eurasian Economic Union countries, noting in this regard the key importance of the Treaty on the EAEU. This document, in his opinion, is the basis for interaction in the field of science and technology. The representative of the EEC emphasized that for greater efficiency in interaction and implementation of industry initiatives within the Eurasian Economic Union, the Commission jointly with the Member States developed the Strategic Directions for EAEU Economic Development until 2025. Further work of the Union countries is built on the basis of the adopted Eurasian Economic Path Declaration on development of economic processes within the EAEU until 2030 and for the period until 2045. An action plan for its implementation is currently being prepared. According to Alexey Vedev, among the important measures stipulated in the Declaration and aimed at promoting science, technology and innovation cooperation are the introduction of innovative approaches in industry and agriculture, development of modern technologies in the field of energy and a number of others.
27 Jun 2025
EEF 2025 discussed issues of participation in EAEU public procurement
At the Eurasian Economic Forum in Minsk, a round table "Public Procurement in the EAEU: Reality, Possibilities and Prospects" was held with the participation of Maxim Ermolovich, Minister in charge of Competition and Antitrust Regulation of the Eurasian Economic Commission. The event outlined strategies and priorities of national procurement policies and issues of their balancing with the integration potential of public procurement within the Eurasian Economic Union. Mechanisms for ensuring national treatment in public procurement were discussed, taking into account the relevance of determining the country of origin and mutual recognition of electronic digital signatures for public procurement. The round table participants talked about the possibilities that Eurasian integration creates for business and the tasks for further work to expand suppliers' access to public procurement in the EAEU countries. Special attention was paid to digitalization issues, including those related to the prospects for eliminating the "digital divide" in the Union and removing obstacles to increasing the share of mutual procurement. The discussion was attended by representatives of authorized government agencies, e-commerce platforms and businesses of the EAEU countries.
26 Jun 2025
Bakytzhan Sagintaev, "Joining economic potentials can multiply the effect of mutually beneficial cooperation"
On June 26, Bakytzhan Sagintaev, Chairman of the Board of the Eurasian Economic Commission, took part in the panel session "Dialogue of Interstate Associations: Convergence of Economic Potentials and Deepening Trade and Economic Cooperation" at the Eurasian Economic Forum in Minsk. "Dialogue of integrations" is one of the main development trends of the global economy. The leaders of all five countries of the Union never fail to emphasize the importance of incorporating the Eurasian Economic Union into the global system of trade and economic relations," Bakytzhan Sagintaev emphasized. The Head of the EEC Board noted that the Commission jointly with the Member States created the necessary infrastructure for a systemic international dialogue. There are 12 memoranda of cooperation with regional interstate associations. Dialogue with them serves as a foundation for the exchange of experience and increasing the pace of trade and economic cooperation. The Commission and the Union have an extensive network of contacts around the world, including Eurasia, Latin America and Africa. Among the key partners with which the dialogue is successfully developing are the CIS, SCO, ASEAN, Mercosur, BRICS, CICA, Andean Community, Southern Common Market, African Union, Pacific Alliance and others. The main instrument for expanding the geography of partnership is trade agreements. They are concluded with Vietnam, Iran, Serbia, China, and negotiations on an agreement with Indonesia are at the final stage. On June 27, two more trade agreements are scheduled to be signed on the sidelines of the Supreme Eurasian Economic Council meeting — with the UAE and Mongolia. "Today the EAEU is interested not only in adopting the positive experience of other organizations in integration development. As an established association, we are ready to offer our partners our own best practices. Joining our economic potentials can multiply the effect of mutually beneficial cooperation," summarized the Head of the EEC Board.
26 Jun 2025
Bakytzhan Sagintaev: "Within the EAEU more than 60% of initiatives of business entities are accepted annually"
Bakytzhan Sagintaev, Chairman of the Board of the Eurasian Economic Commission, took part in a meeting of the Advisory Board for Interaction between the EEC and the EAEU Business Council on June 26 in Minsk on the sidelines of the Eurasian Economic Forum. “In general, the Commission’s activities focus on creating conditions for the entrepreneurs from our countries to utilize the integration potential of the Eurasian Economic Union most efficiently. We are interested in further expansion of cooperation with the business community," Bakytzhan Sagintaev noted in his welcoming address to the event participants. The Head of the EEC Board stressed that within the EAEU a substantial legal framework has been created and long-term priorities in various economic sectors have been defined, which facilitates doing business. Moreover, the mechanisms of interaction with the business community, including the Advisory Board, established by the Commission jointly with the Union countries, help take their interests into account to the maximum extent possible. "The creation of the Advisory Board facilitated the transition to a new format of communication with entrepreneurs, which is the single window. Our dialogue now allows responding to requests from businesses quickly. In many respects due to this, more than 60% of initiatives of business entities are annually accepted and incorporated in regulation within the Union," Bakytzhan Sagintaev emphasized. The meeting discussed relevant matters of the Eurasian economic integration, including awareness raising with the business community about the EAEU industrial policy instruments and improving the protection of entrepreneurs' rights. The purpose of the Advisory Board is to ensure an effective dialogue between the Commission and the EAEU Business Council to determine the directions and prospects for developing entrepreneurship in the areas of EEC competence.
26 Jun 2025
Bakytzhan Sagintaev, "The trade and economic dialogue of the EAEU and CICA countries is growing in importance"
On June 26 on the sidelines of the Eurasian Economic Forum in Minsk, Bakytzhan Sagintaev, Chairman of the Board of the Eurasian Economic Commission, held negotiations with Kairat Sarybay, Secretary General of the Conference on Interaction and Confidence Building Measures in Asia (CICA). In the course of the meeting, the issues of further dialogue between the EEC and CICA were discussed, in particular, the preparation of an action plan within the framework of implementing the Memorandum of Understanding. "We will include in the plan all promising areas of our joint actions taking into account mutual interests," Bakytzhan Sagintaev noted. Notably, the head of the EEC Board proposed to emphasize the promotion of joint initiatives in the region. Cooperation between the Eurasian Economic Commission and CICA is becoming increasingly relevant in the context of global economic processes. As a result of the meeting, the parties reached an agreement to maintain regular working contacts to develop cooperation. The Memorandum of Understanding between the EEC and the CICA Secretariat was signed in 2022.
26 Jun 2025
Bakytzhan Sagintaev Held Negotiations with Prime Minister of Myanmar Min Aung Hlaing
On June 26 on the sidelines of the Eurasian Economic Forum in Minsk, Bakytzhan Sagintaev, Chairman of the Board of the Eurasian Economic Commission, held a working meeting with Min Aung Hlaing, Chairman of the State Administrative Council and Prime Minister of the Republic of the Union of Myanmar. The parties discussed cooperation between the Eurasian Economic Union countries and Myanmar in accordance with the Memorandum of Cooperation. "Since the signing of the Memorandum, positive dynamics has been observed on a wide range of economic agenda items of our cooperation," Bakytzhan Sagintaev noted. "The EAEU states' trade turnover with Myanmar has more than tripled in 2019–2024, exceeding $1.5 billion." The Head of the EEC Board emphasized that raising awareness with the parties about each other's trade and economic opportunities will create the necessary conditions for developing interaction. At the end of the meeting Bakytzhan Sagintaev and Min Aung Hlaing agreed that interaction between the business circles will give additional impetus to the dialogue between the EAEU and Myanmar. This will also make it possible to identify new promising areas of cooperation. The key exports of Myanmar to the EAEU countries are rice, coffee, palm oil and cocoa beans. Imports to Myanmar are dominated by mineral fertilizers, consumer goods, machinery and equipment, metals, edible oils, cement and medicines.
26 Jun 2025
Ruslan Davydov, "Development of checkpoints on the customs border is the basis for expanding the transit potential of the Union"
Ruslan Davydov, EEC Minister in charge of Customs Cooperation, held a round table "Development of Checkpoints on the Customs Border of the Eurasian Economic Union as a Basis for Expanding the Transit Potential of the Eurasian Economic Union" within the framework of the Eurasian Economic Forum. According to him, the governments of the EAEU countries face the task of developing the infrastructure of Eurasian transport and logistics routes and corridors at an accelerated pace. At the same time, special attention is paid to the development of the North-South and East-West international transport corridors. Checkpoints are key elements of international transport corridors, largely determining their capacity. "Modernization of border crossing points infrastructure, introduction of breakthrough technologies, integrated information systems, Internet of Things, big data and artificial intelligence technologies will enable accelerated passage of goods and transport organisations across the customs border, will contribute to the development of the Union's foreign trade," Ruslan Davydov stressed. The key task of the EEC in this area is to standardize technical requirements to the infrastructure of border crossing points, as well as its individual elements, and to synchronize the efforts of the parties to develop border crossing points on the EAEU common customs border. Representatives of customs administrations of the EAEU member countries, as well as business leaders shared their experience in the field of arranging and modernizing border crossing points, as well as plans and proposals for the introduction of breakthrough technologies in the operations of customs authorities on the border.
26 Jun 2025
Ruslan Davydov, "The Customs Union is the basis of the Eurasian Economic Union"
Minsk hosted one of the main events of the Eurasian Economic Forum business program, the panel session "Integration Processes in the Field of Customs Regulation: Innovations and Economic Benefits". The session was moderated by Ruslan Davydov, EEC Minister in charge of Customs Cooperation. Together with the session participants — deputy heads of customs services of the EAEU Member States and business community representatives — he discussed the prospects of introducing innovations in the customs sector and their impact on the development of the Eurasian integration. Representatives of customs services shared the results of their work over the past 10 years of the EAEU existence, told about the plans to introduce advanced technologies in the daily activities of customs services, and business community representatives made specific proposals to improve the interaction between customs and businesses. "Of utmost importance for achieving the Eurasian integration goals in customs affairs is the coordinated joint work of the Commission and customs services of the EAEU member countries, aimed at creating comfortable conditions for the development of foreign economic activity of the Union, as well as a favorable business climate for bona fide participants of foreign economic activity," stressed Ruslan Davydov, EEC Minister in charge of Customs Cooperation.
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