Expert explains new integration processes in Eurasian Economic Union

Common energy markets in the EAEU countries will start working in 2025. Arman Shakkaliyev, a representative of the Eurasian Economic Commission, announced this at a briefing in the Central Communications Service. An international agreement on the common electricity market of the Union was signed in 2019. An agreement on the common gas market is planned to be signed in 2022. First, a number of documents will be approved and signed, the speaker stressed. Arman Shakkaliyev said that the complete digitalization of public procurement should also be completed by 2025. The issue of mutual recognition of electronic digital signatures by the EAEU countries is being reviewed currently.  

“Of course, it is much easier to use EDS remotely in procurement. You don’t need to go to the country where the purchases are carried out, open a branch or representative office. Today the Commission with the countries prepared an action plan. In the first half of the year, we must approve it. We proceed from the assumption that we have different levels of digitalization of public procurement. The second issue is with the confirmation of the authenticity of EDSs, and a number of technical aspects. Today we are intensively conducting consultations, and the most important thing is that we have a clear understanding of the need to implement this. I will repeat once again about the plans of the board in the first half of the year to consider plans providing for country transitions, the so-called cascade plan,” said Arman Shakkaliyev, Minister for Competition and Antitrust Regulation of the Eurasian Economic Commission.