Monday, December 7 2020 15:06
Alina Hovhannisyan

EAEU intends to make the transition from simple industrial  cooperation to the stage of project integration

EAEU intends to make the transition from simple industrial  cooperation to the stage of project integration

ArmInfo.An industrialization map was formed in the direction of import  substitution in the Eurasian Economic Union to develop cooperation  and deepen work.  Assistant to the Chairman of the Board of the  Eurasian Economic Commission (EEC) Iya Malkina , announced this  during a briefing on December 7.

She explained that this map represents the basis for the work of the  import substitution business at the level of all countries of the  Union, and is aimed at import-dependent technological areas and the  import- substituting potential of manufacturers, as well as at those  sectors that are of greatest interest for possible cooperation.  <Within the framework of the industrialization map of the Union, 170  large projects have been formed. We assume that the total investment  may reach $ 194 billion and will cover almost 21 industries," Malkina  said.

The EEC Assistant noted that the transition of the Union's  integration from simple industrial cooperation to the stage of  project integration is of fundamental importance. "The emphasis is on  prioritizing investment cooperation and complementary specializations  in the real sectors of the economy," she said.