News

Under the chairmanship of Gohar Barseghyan, Minister in charge of Industry and Agriculture of the Eurasian Economic Commission, a meeting of the Advisory Committee on Industry was held that considered the first business application to participate in the new mechanism of financial support to industrial cooperation at the expense of the Eurasian Economic Union budget.

The application was received by the Commission from Gazprombank JSC and concerns a project by the Russian company Titan-Polymer LLC. The project envisages cooperative participation of enterprises from the EAEU countries in supplying technical equipment.

"The project will enable cooperation between the Union countries in supplying technical equipment such as electrical, boiler and firefighting equipment. Its implementation will result in creating a modern import substituting complex in the chemical industry," Gohar Barseghyan noted. 

The Advisory Committee agreed to publish in the Industry section on the Portal of General Information Resources of the EAEU the List of organizations having competences in the spheres of technology transfer, exchange of scientific and technical information in industry and registration of industrial property in the Member States and the List of information resources aimed at exchanging scientific and technical information and experience for the development of industrial and technological cooperation in the Union.

In addition, the meeting discussed the development of integration cooperation in non-ferrous metallurgy among the EAEU states. The Union countries endorsed an analytical review of the development in this industry.

The review contains information on the current situation in the global and Union non-ferrous metals markets, forecasts of their development in the medium term, as well as information on the development of cooperation in this and related EAEU industries with examples of joint projects. The document also includes information on the implementation of the green agenda in non-ferrous metallurgy.