The Eurasian Intergovernmental Council approved the list of priority infrastructure transport projects in the EAEU countries

The Eurasian Intergovernmental Council approved the list of priority infrastructure transport projects in the EAEU countries

At the meeting of the Eurasian Intergovernmental Council held on August 25-26 in Cholpon-Ata (Kyrgyzstan), the issue of financing industrial cooperation in the EAEU was discussed. The Prime Ministers of the participating countries agreed on the need for further development of industrial cooperation. The Eurasian Economic Commission has been instructed, together with the governments of the EAEU member states, to prepare and submit proposals on mechanisms and sources of financing for consideration by the Eurasian Intergovernmental Council in the fourth quarter of 2022.

- Industrial cooperation is one of the main tasks to which we must pay close attention. The heads of State of our countries have repeatedly noted the need to create conditions for the development of joint projects for the production of liquid products. It is important to work out the issues of possible sources of concessional financing of such facilities," Serik Zhumangarin, Acting Deputy Prime Minister and Minister of Trade and Integration of the Republic of Kazakhstan, commented on the results of the discussions.

During the meeting of the heads of government of the EAEU member states, a list of priority infrastructure transport projects in the countries of the Eurasian Economic Union was approved.

The list includes 7 projects of states aimed at developing Eurasian transport corridors and routes and strengthening transit potential within the EAEU.

Kazakhstan has included in the list a project for the reconstruction of Kazakhstani sections of the M-32 highway belonging to the international transport route "Europe - Western China".

- During the discussion, the list was adjusted. Projects that have a positive effect on the development of the transit potential of the entire Union have been preserved," Serik Zhumangarin explained.

For reference: List of priority integration infrastructure projects in the field of transport of the EAEU member states:

RA: Investment program of the North-South road corridor, the fourth stage (Tranche 4);

RK: Reconstruction of Kazakhstan sections of the M-32 highway related to the international transport route "Europe - Western China";

RB: Reconstruction of the highway M-1/E30 Brest (Kozlovichi) - Minsk - border of the Russian Federation (Radishes);

RB: Reconstruction of the highway M-10 border of the Russian Federation (Selishche) - Gomel - Kobrin;

KR: Electrification of the Lugovaya Balykchi railway section;

RF: Construction and modernization of Russian sections of highways related to the international transport route "Europe – Western China".

RF: Construction of the Russian section of the private Meridian highway.

At the meeting in Cholpon-Ata, the heads of the EAEU government also discussed the conditions of taxation in electronic commerce of goods sold by individuals.

The next meeting of the Intergovernmental Council will be held on October 20-21 in Yerevan (Armenia).