Politics

Tokayev appealed to heads of state of Eurasian Economic Union

Illustrative photo of the press service of RK President
The President of the Republic of Kazakhstan, Chairman of the Supreme Eurasian Economic Council Kassym-Jomart Tokayev appealed to the heads of the member states of the Eurasian Economic Union, Kazpravda.kz reports with reference to the EEC press service.

"From January 1, 2021, the Republic of Kazakhstan is presiding in the bodies of the Eurasian Economic Union.

Based on the results of the first five years of the functioning of our association, we can confidently state that the Eurasian Economic Union has emerged as a successful and attractive integration project.

At the same time, the world today is in a state of turbulence. The continuing instability of the global economy and financial markets is compounded by the negative impact of the coronavirus pandemic. It exposed numerous problems in international relations, led to a rethinking of the established models, principles and tools of economic interaction.

In such conditions, we, as a Union, must focus on long-term priorities: maintaining the stability of economic and social systems, increasing the well-being of citizens and ensuring the progress of the EAEU and its member states.

Effective and full-fledged implementation of the Strategic directions for development of Eurasian economic integration until 2025 will certainly contribute to the achievement of these goals.

In the year of Kazakhstan's chairmanship, we propose to pay special attention to the following issues.

First, a new impetus should be given to industrial cooperation.

Achievement of this goal requires the creation of joint ventures in industry, agro-industrial sector and services.

In addition to this, the implementation of new joint infrastructure projects will ensure industrial connectivity and effective economic interaction between the economic entities of our countries.

In these areas of integration interaction, the potential of the Eurasian Development Bank should be maximally used.

The creation of joint ventures and the strengthening of ties between the industries of the member states will also serve as an additional impetus for increasing the volume of mutual trade and removing barriers in the markets of our states.

Based on these priorities, it is necessary to fill with new content "Main directions of industrial cooperation within the EAEU".

Taken together, these measures will create conditions for cooperation in the production of competitive industrial goods in the common market of the Union, will lead to a significant increase in the volume of non-resource exports of all members of the association.

Second, the unconditional priority is the elimination of the remaining barriers in mutual trade between our countries.

The Eurasian Economic Commission will have to actively and transparently remove existing and prevent the emergence of new trade barriers, ensure the maximum reduction in exemptions and restrictions on the free movement of goods, services, capital and labor.

Monitoring and analysis should cover trade barriers at both the central and regional and municipal levels. First of all, efforts should be focused on the barriers that have the greatest negative effect on mutual trade.

National programs for import substitution, tasks of saturating the market with their own products should be implemented with strict observance of the legal norms of the Union.

Third, it is important to fully use the potential of cross-border transport arteries and logistics hubs.

Effective cooperation in this area will play a decisive role in expanding trade and economic ties and establishing trust throughout the Eurasian continent.

To this end, we propose to intensify work on the development of mutually beneficial joint projects that ensure the linkage of the Eurasian integration association with the One Belt - One Road initiative.

The Eurasian transit route should become the most attractive and competitive for international trade along the Europe-Asia trade and transport axis.

We propose to fully use the potential of the "Khorgos" on the border of the Republic of Kazakhstan with the People's Republic of China, as well as the possibilities of the emerging International Center for Trade and Economic Cooperation "Central Asia" on the border of the Republic of Kazakhstan with the Republic of Uzbekistan in the interests of all EAEU members.

Four, comprehensive digitalization should become the driving force for development of the economies of the EAEU countries.

It is important to boost the introduction of digital technologies in industry, agriculture, and transport.

As a matter of priority, the use of modern IT solutions should be expanded in customs regulation, tax administration, veterinary supervision and other industries that directly affect the freedom of movement of goods and services.

It is important to focus on ensuring the successful functioning of the EAEU Integrated Information System. This will allow us to better structure our work in the framework of electronic data exchange.

We believe that the purposeful, active and equal involvement of the IT communities of our countries to address pressing issues of the digital agenda is entirely in the interests of the Union.

Fifth, it is necessary to consistently expand access to foreign markets, to develop more actively trade and economic relations with third countries and integration associations.

In this regard, we believe it is important to intensify and systematize the work to establish a dialogue in the EAEU-EC format. Cooperation with the European Commission and other bodies of the European Union must be equal, mutually beneficial and pragmatic.

A similar systemic dialogue should be built with the Association of Southeast Asian Nations (ASEAN).

An effective strategy for interaction with a new trade association - the Comprehensive Regional Economic Partnership (RCEP) is to be developed.

For the full implementation of these initiatives, well-coordinated and effective work of the apparatus of the Eurasian Economic Commission is important.

In this regard, we proceed from the need to resolve the issue of selection of candidates for the staff of the Commission on the basis of the principles of meritocracy, taking into account professionalism and business qualities, without rigid reference to the shared participation of states in financing the EEC.

During the chairmanship in the EAEU, the Republic of Kazakhstan intends to actively promote the designated agenda and counts on constructive support from partners.

We are confident that the achievement of the set goals will give a powerful impetus to the economic development of each state and strengthen the potential of the EAEU," the appeal says.
14:14, 19 January 2021
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