27 May 2024 Bakytzhan Sagintaev: “The new format of interaction between the EAEU countries and Iran opens up additional opportunities for all process participants” Bakytzhan Sagintaev, Chairman of the Board of the Eurasian Economic Commission, held a meeting with Kazem Jalali, Ambassador Extraordinary and Plenipotentiary of the Islamic Republic of Iran to the Russian Federation, on May 27 at the EEC headquarters. At the start of the negotiations, the Chairman of the EEC Board expressed his sincere condolences to the negotiation partner in connection with the tragic death of the members of the government delegation headed by the President of Iran Ebrahim Raisi. During the meeting there was a thorough exchange of views on relevant matters of the Eurasian integration, including the priorities of the Union's international activities. One of the most important among them is interaction with Iran in accordance with the new Agreement signed in December 2023. According to the document, trade between the EAEU and Iran will be duty-free for 90% of goods. “I am confident that the new Agreement will create additional conditions for increasing trade turnover, and diversifying trade and cooperation relations. As a result, trade between the EAEU countries and Iran will reach a whole new level”, Bakytzhan Sagintaev emphasized. Nowadays, the full-fledged Free Trade Agreement between the EAEU countries and Iran goes through the ratification procedures. The parties also discussed the prospects for sectoral cooperation, including transport and transit issues, and agreed to intensify business contacts through forums, exhibitions, business dialogues and B2B meetings. The Chairman of the EEC Board invited the Iranian colleagues to participate this autumn in the EAEU main business event – the Eurasian Economic Forum in Yerevan. Over the past five years of the Interim Trade Agreement, trade turnover between the EAEU and Iran has more than doubled, from 2.4 bln dollars in 2019 to 5.2 bln dollars in 2023. The positive trends in trade development will continue in 2024.  
15 May 2024 Bakytzhan Sagintayev and Botirjon Asadov discussed issues of trade and economic cooperation between the EAEU countries and Uzbekistan On May 15, Chairman of the Board of the Eurasian Economic Commission Bakytzhan Sagintayev held a meeting with the Ambassador Extraordinary and Plenipotentiary of the Republic of Uzbekistan to the Russian Federation Botirjon Asadov at the EEC headquarters. During the meeting, the state and prospects of cooperation between the countries of the Eurasian Economic Union and Uzbekistan, the progress of implementation of agreements to deepen integration ties in various fields were discussed. Bakytzhan Sagintayev noted that Uzbekistan currently ranks first among the EAEU’s trading partners from CIS countries that are not members of the Union, and seventh in the general list of trading partners. The current state of affairs is a solid basis for developing interaction and further unlocking the potential of the economies of the Eurasian “five” states and Uzbekistan. Currently, the Commission alongside with the EAEU countries is exploring the possibility of Uzbekistan to join a number of specific cooperative industrial and infrastructure projects. In turn, Botirjon Asadov emphasized that Uzbekistan is interested in making maximum use of the status of an observer state and is ready to join industry-specific projects implemented in the EAEU. A new plan of joint activities of the EEC and the Government of Uzbekistan for 2024 – 2026 is currently being prepared to further strengthen economic cooperation between the parties. On December 11, 2020, the Supreme Eurasian Economic Council granted the Republic of Uzbekistan an observer status at the EAEU. On April 30, 2021, a Memorandum of Interaction between the Eurasian Economic Commission and the Government of the Republic of Uzbekistan was signed and a Joint Action Plan between the Eurasian Economic Commission and the Government of the Republic of Uzbekistan for 2021-2023 was approved. On November 29, 2023, a Memorandum of Cooperation was signed between the EAEU Business Council and the Chamber of Commerce and Industry of Uzbekistan.
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