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Prime Minister Askar Mamin participates in session of Eurasian Intergovernmental Council in Yerevan

Tuesday, 30 April 2019, 10:41:00

Prime Minister of Kazakhstan Askar Mamin took part in the meeting of the Eurasian Intergovernmental Council in Yerevan (Armenia). The meeting was attended by the prime ministers of the Russian Federation Dmitry Medvedev, Belarus — Syarhey Rumas, Armenia — Nikol Pashinyan, Kyrgyzstan — Mukhammedkalyi Abylgaziev and Chairman of the Board of the Eurasian Economic Commission Tigran Sargsyan.

The agenda of the meeting of the Intergovernmental Council considered 13 issues on trade and economic cooperation and expansion of mutual trade between the member states of the union, including the elimination of existing barriers within the internal market of the EAEU.

In a narrow format, the heads of government exchanged views on a number of conceptual issues of the union’s development. The mechanisms of deepening cross-border cooperation in the framework of the digital transformation of the EAEU, cooperation in the field of increasing the volume of trade between the member countries, and improving customs administration were discussed.

Enhanced negotiations were devoted to improving the regulation of foreign economic activity on the principle of "single window," creating conditions for the development of a digital trading ecosystem in the EAEU, the development of industrial cooperation and technology transfer, further enhancing the integration potential in certain sectors of the economy.

The parties noted the positive dynamics of key socio-economic indicators of the EAEU in 2018. GDP growth in the member countries was 2.5%, industrial production — 3.1%. Over the past year, the volume of mutual trade in the EAEU increased by 9.2%, a similar trend is observed in foreign trade, where growth for the year amounted to 18.8%.

Prime Minister of Kazakhstan Askar Mamin noted in his speech that against the background of the volatility of the world economy, to preserve the positive dynamics of development, every effort should be made. Today, the member countries are actively working together to eliminate barriers to mutual trade. Practice shows that new obstacles are being identified, which, in turn, is an indicator of the development of closer economic relations.

“We need to keep up the pace,” said Askar Mamin, “removing existing barriers will increase mutual trade and expand economic ties between countries.”

The Kazakh side focused on the need to improve the regulation of integration in the labeling of goods by identification within the EAEU, the introduction of a transit traffic traceability system, the strengthening of customs administration, the development of digital trade, and an increase in the transit potential of the union in data transit.

“Building our relations on the principles of mutual benefit, searching for compromises and developing effective solutions that take into account the interests of all parties will actively contribute to further strengthening the EAEU,” said Askar Mamin. “The basic condition for us in the development of Eurasian economic integration until 2025 is the presence of an economic component.”

Following the meeting, a number of documents were signed on the implementation of the Eurasian Industrial Cooperation, Subcontracting and Technology Transfer Network project, on progress in eliminating obstacles to the functioning of the union’s internal market, on creating conditions for the development of a digital trading ecosystem in the EAEU, on describing a reference model national single window mechanism in the system of regulation of foreign economic activity.

The next meeting of the Eurasian Intergovernmental Council will be held August 9, 2019, in Cholpon-Ata (Kyrgyz Republic).

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