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Search results: 6371
27 Jun 2025
Eurasian Economic Commission and CIS CTM Executive Committee signed Cooperation Plan in Transport and Logistics
The Eurasian Economic Forum in Minsk featured a milestone event for the integration of Eurasian transport systems: the signing of the Cooperation Plan in the field of transport, infrastructure, logistics and development of international transport corridors between the Eurasian Economic Commission and the Executive Committee of the Coordinating Transport Meeting of the Participating States of the Commonwealth of Independent States for the period until 2030. The document was signed by Arzybek Kozhoshev, Minister in charge of Energy and Infrastructure of the Eurasian Economic Commission, and Gennady Bessonov, Chairman of the CIS CTM Executive Committee. "The document lays a solid foundation for systemic engagement. Synchronized efforts in the field of transport and infrastructure in the EAEU and the Commonwealth are in the interests of all parties. Indeed, making transport a driver of economic development, commerce and social welfare is a common goal. The plan until 2030 sets a clear vector for this work," Arzybek Kozhoshev outlined. The Cooperation Plan establishes specific areas and activities for joint work of the EEC and the CIS CTM Executive Committee. Its purpose is to enable sustainable and efficient development of transportation systems, competitiveness and mutual compatibility in the Eurasian space, which is critical for accelerating economic growth of the EAEU and CIS countries.
27 Jun 2025
Ruslan Davydov: "Digitalization is an objective necessity for efficient work of customs authorities"
Prospects for digitalizing customs authorities were discussed during the round table "Digital Transformation of Customs Authorities in the Eurasian Economic Union", moderated by Ruslan Davydov, Minister in charge of Customs Cooperation of the Eurasian Economic Commission. The deputy heads of customs services of the EAEU countries shared their plans for further implementation of digital solutions in customs operations, expressing a common opinion on the importance of ensuring efficient and sustainable information exchange. Business community representatives shared the existing experience of digitalizing international shipping by different modes of transport and the process of interaction with government agencies, and while researchers spoke about proposals for participation in the process of digital transformation of customs authorities and shaping the digital architecture concept. Ruslan Davydov urged the round table participants to become more actively involved in the work at the EEC on developing digital solutions to improve customs administration and international logistics management.
27 Jun 2025
Results of 2024 natural monopolies regulation presented at SEEC meeting
At the meeting of the Supreme Eurasian Economic Council, the Heads of EAEU States were presented with a review report on the results of the work done in 2024 in the field of regulating natural monopoly entities. The document reflects the work of the Eurasian Economic Union countries, including the results of monitoring changes and additions to the regulatory framework of the EAEU States in the field of natural monopolies for compliance with the principles and rules established by the Treaty on the Union. The document also includes the results of lawmaking activities of the EAEU countries and measures of natural monopoly entities to apply energy efficient technologies. The report is prepared by the Eurasian Economic Commission on an annual basis jointly with the regulators of the Union States in accordance with paragraph 20, subparagraph 5 of the Protocol on Common Principles and Rules for Regulating Natural Monopolies (Annex No. 20 to the Treaty on the EAEU).
27 Jun 2025
Outcomes of the Supreme Eurasian Economic Council
A meeting of the Supreme Eurasian Economic Council was held in Minsk. It considered a number of significant integration agenda issues. These are such areas as improvement of the EAEU law, implementation of the Strategy for Developing the Eurasian Economic Integration, international cooperation, trade, services market development, regulation of natural monopoly entities and cooperation in the field of sports. Two important international documents were signed. The first is an economic partnership agreement with the United Arab Emirates. The second is an interim trade agreement with Mongolia. The Heads of State also considered the Main Directions of the EAEU's International Activities. Over the years, the Eurasian Economic Union's position on the international stage has been significantly strengthened. Furthermore, the Heads of State were presented with the current progress in implementing the Strategic Directions for Developing the Eurasian Economic Integration until 2025. The implementation of this document has been giving a certain impetus to integration in all key areas. The SEEC members signed the 4th Major Protocol containing amendments to the Treaty on the EAEU. The amendments are aimed at eliminating gaps in legal regulation and concern, inter alia, technical regulation, electricity, competition and financial markets. The leaders of the EAEU countries were informed about the development of goods labelling in the Union. The meeting of the Supreme Eurasian Economic Council adopted a Report on implementing liberalization plans for certain sectors of services within the EAEU. The EAEU defined the main directions of economic cooperation in the field of sports. The EAEU summarized the results of compliance with the Rules for Regulating Trade in Services in 2023–2024. The 2024 results in the field of natural monopolies regulation were presented at the SEEC meeting. The next meeting of the Supreme Eurasian Economic Council will be held in December 2025 in Saint Petersburg.
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.
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