17:58
 Tuesday, March 22 2022 17:58
Alina Hovhannisyan

EAEU intends to start developing domestic electronics industry

EAEU intends to start developing domestic electronics industry

ArmInfo.In general, the share of imports of goods in the EAEU market averages more than 20%, but for individual countries and cities this figure is much higher. EEC  Minister in charge of Integration and Macroeconomics Sergei Glazyev  announced this on March 22 during the video bridge  Moscow-Minsk-Yerevan-Nursultan-Bishkek.

In particular, he said that there is a sharp difference between  industries in terms of dependence on imported products. When it comes  to food security, the Member of the EEC Board indicated that the EAEU  encourages import substitution in the production of pesticides,  according to him, there is, in practice, no dependence on mineral  fertilizers. The only critical issue is to reduce dependence on seed  imports. "For this we need our own scientific school of seed  production," Glazyev said, noting that such coordinated work is being  carried out by the agro-industrial complex.

At the same time, he pointed out the difficulties that, due to  Western sanctions, may affect the production of household and  computer equipment. In this context, the minister spoke about the  work on the development program for the domestic electronics  industry, including the production of microelements, proprietary  software, etc.

"The program is very large. So far, there is no understanding of how  to finance it, since it is estimated at hundreds of billions of  rubles. But there is a desire of the business community, engineers to  solve these problems. And we will have to do this taking into account  the actual embargo on the supply of the most advanced products of  micro-, nano-electronics, etc. And today it is necessary to create  all possible conditions for the production of our own electrical  elements. There is enough potential to start implementing such a  large-scale program", he explained.