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26 May 2022, 19:11

Call to develop EAEU hi-tech self-sufficiency program

MOSCOW, 26 May (BelTA) - There is a need to develop a program of hi-tech independence of the Eurasian Economic Union (EAEU), Chairman of the Board of the Eurasian Economic Commission (EEC) Mikhail Myasnikovich said as he addressed the EAEU heads of state and government at plenary session of the Eurasian Economic Forum in Bishkek on 26 May, BelTA has learned.

“There is a request to support the proposal to develop a long-term program of economic hi-tech self-sufficiency of the Eurasian Economic Union,” said the head of the EEC Board, addressing the EAEU heads of state and government participating in the forum.

According to Mikhail Myasnikovich, import substitution should become the first phase of such program. “Certain groundwork has already been laid,” he added.

“The EAEU self-sufficiency program is about business cooperation. It is necessary to intensify the development of joint companies and production clusters of the Eurasian Economic Union, possibly with our good partners from non-CIS countries. We will need to provide appropriate measures of state support, especially at the stage of development and consolidation in the market,” he said.

According to the chairman of the EEC Board, the corresponding proposal has already been sent to the governments of the EAEU member states.

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