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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.
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 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.
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