International Forum "Eurasian Week" in 2018 will be held in Yerevan

ArmInfo. Under the decision of the Council of the Eurasian Economic Commission, the international forum "Eurasian Week" in 2018 will be held in Yerevan. The current forum will be held on August 24-26 within the framework of the World Expo-2017 in Astana. The program of the forum includes 30 discussion events on 13 sectors of the economy, which are of strategic importance for the common market of the Union.

According to the press service of the Ministry of Economic Development and Trade of Armenia, representatives of business and state bodies of the EEU will take part in the forum. One of the main issues for the general discussion will be the development of trade between the countries of the union. The event was organized by the countries of the Eurasian Economic Union (EEU) and the Eurasian Economic Commission (EEC), attended by representatives of 42 countries.

Among the participants is the Armenian delegation led by the Minister of Economic Integration and Reforms Vache Gabrielyan. Deputy Minister of Economic Development and Investments of Armenia Hovhannes Azizyan during the discussion "EEU-Iran, improvement of the transport and logistics corridor" as an alternative transit road from the IRI to the EU and EEU countries, presented the program of construction of the highway "North-South", taking into account the fact that Armenia is the only country of the Eurasian Union bordering the Islamic Republic. The Armenian delegation also presented the FEZ program on the border with Iran as another way of expanding the trade turnover of the IRI-EEU.

In the course of the discussion "…EU - digital transformation, a new look at the economy," Deputy Minister of Economic Development of the Republic of Armenia Emil Tarasyan noted the human and intellectual potential of Armenia in IT sphere. "Armenian technology companies are successfully cooperating with large multinational companies, this, as well as the existing mental capacity are an important condition for the development of the digital economy," he said.

Earlier, ArmInfo informed that the forum "Eurasian Week" opened in Astana. On the margins of the forum it is proposed to sign a number of documents on international development within the framework of the EEU in the agro-industrial complex, including measures aimed at export development. As stated by the Prime Minister of the Republic of Kazakhstan Bakytzhan Sagintayev, the national economies of the members of the union were able to adapt favorably to the new realities. Since the beginning of this year, there has been a positive dynamics in the growth of key indicators. "For example, the GDP growth in the EEU for the first quarter of 2017 was 0.8%, it is gratifying that the industry is growing even better, 2.7%.  The volume of foreign trade of the EEU countries in the first half increased by almost 28%. Internal conditions of trade development, we increase trade not only between our states, but also with third countries," Sagintayev said. According to the Kazakh prime minister, the first experience of the union in this direction creates a solid basis for expanding trade and economic cooperation with foreign countries.  Negotiations are already under way on free trade agreements with Israel, Serbia and Iran. 12 platforms have already been formed, where more than 130 joint cooperative projects are being discussed in such spheres as space, IT, ecology, electronics, extraction of natural resources, agriculture. The project of the unified digital space of the EEU is actively developing, which should become one of the key elements supporting the free movement of goods and services, labor and capital. The Eurasian Economic Commission, a permanent supranational regulatory body of the Eurasian Economic Union, began its work on February 2, 2012. The ECE includes representatives from Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia. Decisions of the Commission are binding for implementation in the countries of the Union. Chairman of the Board of the Eurasian Economic Commission - Tigran Sargsyan. The treaty on the establishment of the Eurasian Economic Union was signed on May 29, 2014, entered into force on January 1, 2015. The Union ensures the freedom of movement of goods, services, capital and labor, the conduct of a coordinated, coordinated or unified policy in various sectors of the economy. The purpose of the Union is to provide conditions for the stable development of the economies of the member states in order to improve the living standards of their people, comprehensive modernization, cooperation and increasing the competitiveness of national economies. The Supreme Eurasian Economic Council is the supreme body of the Union, which includes the Presidents of the member states. The Eurasian intergovernmental economic council is a body composed of the heads of governments of member states. The Council of the Eurasian Economic Commission is a body composed of vice-premiers of the member states. In accordance with the annual rotation in 2017, the bodies of the Union are chaired by Kyrgyzstan. President of Kyrgyzstan Almazbek Atambaev is chairman of the Supreme Eurasian Economic Council.