Filter Public speaking

How do you estimate the level of integration of Armenia in the common energy market of he EAEU? And what are the objective possibilities of development? ​

The EEC Chairman: We need to create powerful modern clusters in the EAEU countries In August 2016, Kyrgyzstan celebrated the first anniversary of accession to the Eurasian Economic Union. The Alliance, new for Eurasia, aims to unite the economies of the member countries, to increase the economic potential of the region. Business Eurasia talks with the Chairman of the Eurasian Economic Commission Tigran Sargsyan on the development of the Union and Kyrgyzstan in it.

For two years, Belarus, Russia, Kazakhstan, Armenia and Kyrgyzstan have been living in conditions of the Eurasian Economic Union, facing certain challenges and trying to resist them together. At the end of October, another large meeting within the Union will be held in Minsk - a meeting of the Eurasian Intergovernmental Council. On the eve of this important event, BELTA reporter met with the EEC Board Member - Minister in charge of Economics and Financial Policy Timur Suleimenov to find out what the year of 2016 was like, how the EAEU will address issues of parallel imports and establish the rates of customs duties and what measures have been taken to establish the common financial market.​

Law enforcement agencies will protect intellectual property "Business Eurasia” reported that the Eurasian Economic Commission has adopted regulations concerning information exchange between the authorised authorities of the EAEU and the EEC in the field of intellectual property rights protection. The document was developed pursuant to the Agreement on coordination of activities on protection of intellectual property rights dated September 8, 2015. The regulation establishes the procedure for information exchange between the Commission and the authorised authorities of the Member States and operational measures regarding compliance with intellectual property rights in the Member States. "Business Eurasia” contacted Acting Director of the Labour Migration Department Samat Aliyev for explanations about the mechanism of interaction between the Member States of the EAEU and their prompt response. He stated that the functions of EEC include, inter alia, the creation of conditions for the protection of intellectual property rights in the Eurasian Economic Union. As it turned out, the process differs little from the process that already exists in a given State.

The establishment of the Eurasian Union is primarily an economic step. If the common markets are formed properly, they can earn the participating countries profit, which would not be possible for single players. For example, the total effect of the creation of the common market of oil and petroleum products within the EAEU within five years will be from 5 to 8 billion USD. This is according to research by the Institute for Economic Strategies of the Russian Academy of Sciences. Based on its research, a draft Concept of the formation of the EAEU common markets of oil and petroleum products was drawn up, which was adopted by the Intergovernmental Council of the Union this year. The deadline for their creation is January 1, 2025. Almost another 10 years. But is it possible to speed up the process? Adamkul ZHUNUSOV, Member of the Board - Minister in charge of Energy and Infrastructure of the Eurasian Economic Commission answered this question specially for CE.

The functioning of internal markets of the EAEU countries without barriers, exemptions and restrictions has become a highly discussed topic, recently especially given the fact that the heads of the Member States of the Union increasingly criticise the Eurasian Economic Commission (EEC) for a lack of proactive action in this direction. In the interview with Karine Minasyan, Member of the Board - Minister of the EEC responsible for the functioning of the internal market without barriers, exceptions and limitations, we decided to find out what The EEC has done in terms of removing such obstacles.

Chairman of the Board of the Eurasian Economic Commission (EEC) Tigran Sargsyan told the TASS News Agency about the negotiation process with China on trade and economic cooperation, as well as the prospects for further integration of EAEU member countries.