A wide range of issues on the Council’s agenda were discussed, related to the development and implementation of the Union’s strategic documents, including those aimed at improving its legal framework.
Alexei Overchuk attends a Eurasian Economic Commission Council meeting
Deputy Prime Minister Alexei Overchuk attended a meeting of the Eurasian Economic Commission Council. The parties discussed a wide
range of issues related to the development and implementation of the Union’s
strategic documents, including those focused on enhancing and harmonising its
legal framework. Particular attention was paid to matters of common customs
regulation in cooperation in ensuring food security, and also in the energy
sector.
The meeting participants continued work on a draft
action plan (roadmap) for the implementation of the The Eurasian Economic Path,
the Declaration on further development of economic processes within the Eurasian Economic Union until 2030 and for the period until 2045. At present,
the parties have agreed on 342 actions jaid out in the plan.
The key macroeconomic policy guidelines for EAEU
member states for 2026–2027 were approved for submission to the Supreme
Eurasian Economic Council (SEEC). The report on the implementation of previous
macroeconomic guidelines for 2024–2025 shows growth in key economic indicators,
including:
– mutual trade among member states increased by 8.1 percent;
– industrial production within the Union grew by 4.5 percent;
– investment in fixed assets increased by 7.5 percent.
A recommendation of the EEC Council was adopted on the harmonisation of EAEU member states’ legislation regarding key concepts and definitions used in securities market regulation and on setting requirements
for securities market intermediaries (brokers). The Council also approved a recommendation on harmonising legislation on the admission of insurance organisations
to the EAEU’s common financial market.
During the meeting, a draft regulation of the Supreme
Eurasian Economic Council was supported, introducing new approaches to the harmonisation of regulation within the common EAEU financial market. The document provides for a multi-level (differentiated) approach to aligning
legislation across member states in the development of a unified financial
market.
The Council approved a draft resolution of the Supreme
Eurasian Economic Council that endorses plans for the liberalisation of mutual
trade in construction project management services. These liberalisation plans
aim to align regulatory regimes for specific types of construction-related
services, create equal conditions for service providers across the EAEU member
states, and ensure non-discriminatory access to each other’s markets.
A decision was also adopted regarding the labelling of natural fur garments, providing for a gradual transition from control
(identification) marks to labelling with a two-dimensional Data Matrix barcode.
The EEC Council approved a draft Concept for the Development of Tourism within the EAEU. Its implementation will focus on unlocking member states’ tourism potential, increasing mutual tourist flows,
enhancing competitiveness in the tourism sector, and promoting the member
states’ tourism products in global markets.
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