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EEC discussed crash implementation of EAEU development priorities

EEC discussed crash implementation of EAEU development priorities


Artak Kamalyan, Member of the Board – Minister in charge of Industry and Agriculture of the Eurasian Economic Commission, held a meeting with Bakhyt Sultanov, Minister of Trade and Integration of Kazakhstan.

The dialogue participants have stressed the importance of crash implementation of activities on the five principal directions of the Eurasian Economic Union development outlined by Kassym-Jomart Tokayev, President of the Republic of Kazakhstan, in his address to the Heads of the EAEU States on January 15 this year. The parties have noted that all participants in the integration process should focus on such long-term priorities as maintaining the stability of economic and social systems, improving social welfare, ensuring the progress of each Member State and the EAEU as a whole.

"One of the priorities of the Industry and Agriculture Unit is to provide added momentum to industrial cooperation and to fill the Commission's document "Main Directions of Industrial Cooperation" with new content. This entails building new cooperation chains in the Union and significant strengthening of ties between our countries’ industries," Artak Kamalyan noted.

The EEC Minister has informed about the work on the draft "Main Directions of Industrial Cooperation (MDIC) within the Eurasian Economic Union until 2025". The document presents the goals, objectives, directions and tools of industrial cooperation. Most of the provisions have been synchronized with the "Strategic Directions for Developing the Eurasian Economic Integration until 2025". The industrial cooperation within the EAEU should be targeted at accelerating and improving the sustainability of industrial development on the basis of efficient and mutually beneficial cooperation of the Union countries in building a modern, intelligent and competitive economy in the world market. For this purpose it will be required to solve such problems as boosting advanced growth of industrial production of the EAEU Member States based on using the Union’s market potential; improving competitiveness of industrial enterprises, promoting export of jointly manufactured goods in foreign markets; transiting to a new level of technological development of industrial production by joint promotion of innovative development and digital transformation of the industry; developing the industrial integration within implementation of the "Strategic Directions for Developing the Eurasian Economic Integration until 2025".

The meeting attendees have concurred in the opinion that adopting the new MDIC will create a legal and institutional basis for deepening the Union’s industrial cooperation until 2025 and will enable solving relevant matters of industrial integration based on the EAEU strategic objectives as a whole and national priorities for developing industry in the Union States, in particular.

The EEC Minister has also informed that the Commission held consultations with representatives of the Union countries’ authorized bodies, private logistics companies and associations of the parties on possible coupling of the EAEU States’ national commodity distribution systems, including through creating wholesale and logistics complexes. According to Artak Kamalyan, the parties have common interests in further studying the issue which is of an intersectoral nature and affects such areas as transport and logistics infrastructure, quality and safety standards, informational support, trade and others. In this regard, the Commission plans to continue its work.

Artak Kamalyan and Bakhyt Sultanov discussed forming a single market for organic products. 

"In light of increasing global demand for organic products, it is essential that this trend develops in our countries. The EAEU States have an enormous potential for developing this sector," Artak Kamalyan stressed. According to the EEC Minister, addressing this issue will solve the important task of providing the population with healthy food.

Summing up the meeting, the dialogue participants expressed mutual interest in crash implementation of all the plans announced by the EEC Minister.​