A broad range of issues aimed at enhancing the business environment and refining the legal framework of the Eurasian Economic Union (EAEU) were discussed.
Alexei Overchuk takes part in Eurasian Economic Commission Council meeting
Deputy Prime Minister Alexey Overchuk attended, via videoconference, the meeting of the Council of the Eurasian Economic Commission. The participants discussed a broad range of issues aimed at enhancing the business environment and refining the legal framework of the Eurasian Economic Union (EAEU).
The parties approved the programme for stock trading within the common (organized) commodity market of the EAEU.
Amendments were adopted to the Rules for the Registration and Examination of the Safety, Quality, and Efficacy of Medical Products, clarifying the registration procedure for newly classified types of medical products within the Union’s nomenclature and adjust the list of required registration documents accordingly.
The meeting participants also introduced changes to the Union’s UnifiedQuarantine and Phytosanitary Requirements, specifically aimed at safeguarding apple and pear tree seedlings and cuttings from plant diseases.
The Commission’s reports on creating common markets for oil, petroleum products, and natural gas – to be completed by the end of 2024 – were approved. The Council also reviewed the implementation progress of the EAEU’s climate agenda, in accordance with previous directives from the Eurasian Intergovernmental Council.
Additionally, the Commission presented its annual report on the allocation and distribution of import customs duties among EAEU member states. According to 2024 data, revenues from customs duties increased from $14.8 billion in 2023 to $15.2 billion, reflecting stronger trade performance.
Finally, the participants adopted agendas for the upcoming meetings of the Eurasian Intergovernmental Council scheduled for August 2025 in the Kyrgyz Republic and September 2025 in the Republic of Belarus.
