BAKU, Azerbaijan, August 7. EAEU member states
signed agreements on electronic trade and access of brokers and
dealers to organized exchanges following a meeting of the Eurasian
Intergovernmental Council in Kyrgyzstan.
This was announced in a statement published by the Kyrgyz
Ministry of Economy and Finance on August 7.
According to the ministry, the agreement on electronic trade in
goods establishes a framework for developing e-commerce within the
EAEU.
Another agreement provides for mutual access of brokers and
dealers from one EAEU member state to organized trading on
exchanges and other trading platforms in the bloc's other member
states.
The sides also signed an agreement on mutual recognition of
academic title documents across EAEU member states.
In addition, the council adopted a report on the state of
competition in cross-border markets and measures to prevent
violations of common competition rules in 2025.
The meeting also approved reports on regulatory impact
assessment procedures and determined the time and place of the next
session of the Eurasian Intergovernmental Council.
Meanwhile, electronic commerce has become an increasingly
important part of the EAEU's efforts to deepen its common market
and remove barriers to cross-border trade. For Kyrgyzstan, the
development of digital trade is particularly relevant as businesses
seek to reach consumers in larger EAEU markets without relying
exclusively on traditional distribution channels. The bloc has
therefore been working on common approaches to electronic commerce,
including rules governing cross-border sales, customs procedures
and the protection of participants in digital trade.
Access to financial markets is another area where deeper
integration could expand opportunities for businesses. The EAEU has
been developing mechanisms to facilitate cross-border investment
and improve access to organized trading platforms across member
states. Mutual recognition of professional and academic documents
is also intended to make economic cooperation more practical by
reducing administrative barriers to the movement of specialists and
services within the bloc.