The prime ministers of the Eurasian Economic Union countries have signed three agreements that will affect the financial market, e-commerce, and the scientific sphere. The documents provide for mutual access of brokers to the exchanges of the EAEU countries, unified rules for online trade, and recognition of academic titles... reports the website infohub.kz.
The agreements were signed on August 7 at a meeting of the Eurasian Intergovernmental Council in Cholpon-Ata, Kyrgyzstan.
Kazakh Prime Minister Oljas Bektenov said that mutual trade turnover of the EAEU countries in 2025 amounted to $95 billion. Over the year, the figure decreased by 3.5%. By the end of 2026, growth of 7.3% to $102 billion is expected.
One of the main agreements concerns the financial market. It provides for mutual admission of brokers and dealers to participate in exchange trading in the union's countries. Mutual recognition of national licenses of professional market participants is expected. This will allow brokers to gain direct access to trading in securities and derivative financial instruments on the exchanges of other EAEU states.
The second important agreement regulates e-commerce of goods within the EAEU. Until now, there were no unified supranational rules for online stores and marketplaces in the union. Chairman of the Cabinet of Ministers of Kyrgyzstan Adylbek Kasymaliev warned that the lack of common regulation could lead to new cross-border barriers. Russian Prime Minister Mikhail Mishustin stated that the agreement should provide businesses with uniform and clear rules of operation, and buyers with a wider range of available goods.
Despite the development of integration, meeting participants acknowledged the existence of administrative restrictions within the union. Armenian Prime Minister Nikol Pashinyan stated that the principles of free movement of goods, services, capital, and labor provided for by the EAEU are not yet fully implemented. According to him, certain restrictions and administrative measures hinder the full functioning of the common market and reduce the predictability of conditions for business. Kasymaliev also called on countries to take into account the interests of partners when making national decisions so that new requirements do not create additional obstacles to the movement of goods.
The third signed agreement provides for mutual recognition of academic titles in the EAEU states. The new mechanism is expected to simplify the professional mobility of scientists and teachers and expand opportunities for their work in other countries of the union.
The Eurasian Economic Union (EAEU) includes five countries: Russia, Kazakhstan, Belarus, Armenia, and Kyrgyzstan.