Kazakh Prime Minister takes part in EAEU, CIS meetings in Bishkek

Kazakh Prime Minister takes part in EAEU, CIS meetings in Bishkek

The Eurasian Economic Union (EAEU) has great potential in promoting trade and transit, as stated by Kazakh Prime Minister Alikhan Smailov at the extended-format meeting of the Eurasian Intergovernmental Council in Bishkek. Prospects for cooperation extend to the transfer of new technologies and the launch of innovative production, which now also serve as indicators of successful economic integration. The commission is preparing the Concept for the further development of common markets for medicines and medical devices. Kazakhstan believes that cooperation in these areas should focus on creating conditions for the production of cutting-edge pharmaceuticals and equipment, rather than pursuing a unified healthcare policy, Smailov said.

“One of the pressing issues is the draft declaration for the medium-term period, which we are discussing. We need to give a realistic evaluation of the present state of integration. To this end, in May, Kazakh President Kassym-Jomart Tokayev instructed to assess the current status of our commitments. Effective utilisation and development of transit potential will increase trade. All cargo traffic through the territory of the EAEU member states will be subject to traceability. At the same time, we should introduce navigation seals in stages, ensuring maximum convenience for businesses in our countries. In this regard, I suggest that the Commission carry out this work while considering perspectives of businesses,” he noted.

At the session of the CIS Council of Heads of Government, Smailov spoke about the importance of ratifying the agreement on free trade in services promptly. He emphasized that the document will bring cooperation between the CIS states to a new level. As an example, Smailov cited the implementation of the Free Trade Agreement, which has enabled member states to maintain positive dynamics in mutual trade turnover despite global challenges. Another key task on the agenda was strengthening industrial cooperation. The execution of the corresponding concept and the set of measures for its development in the CIS countries will give a new impetus, Smailov highlighted. The meeting of the CIS Council of Heads of Government resulted in a number of documents signed particularly on enhancing interaction in geodesy, cartography and geographic information technologies, mining and metallurgical industry, as well as the IT sector.