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16 February 2024, 10:29

CIS industrial cooperation discussed in Moscow

MINSK, 16 February (BelTA) - On 15 February, the CIS Executive Committee Office in Moscow hosted the first meeting of the working group on industrial cooperation under the CIS Industrial Policy Council, BelTA learned from the Economic Cooperation Department of the CIS Executive Committee.

The working group has been set up in accordance with the Set of Measures for the Development of Industrial Cooperation of the CIS countries for the period until 2030, approved along with the Concept of Industrial Cooperation Development by the decision of the CIS Heads of Government Council of 8 June 2023.

The event held online featured representatives of Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Uzbekistan, and the CIS Executive Committee.

The meeting participants emphasized the importance of industrial cooperation in Russia’s CIS Chairmanship Concept, considered the prospects for expanding cooperation in various sectors of the economy, and also measures to prepare for the CIS Council on Industrial Policy meeting at the international industrial exhibition Innoprom which is due to take place in Yekaterinburg on 8-11 July.

The experts reviewed the draft list of priority industries and areas of cooperation, discussed the proposals submitted by Kyrgyzstan, Russia and Tajikistan on the draft document. The decision was taken to finalize the document at the next meeting of the working group. The representatives of Uzbekistan reported on the progress made in the development of a draft set of additional measures to stimulate mutual investments and promote projects in the CIS.

The members of the working group exchanged views on joint implementation of business initiatives in the CIS countries, major investment and infrastructure projects that increase interconnectivity in the CIS, involvement of economies and companies in production and transportation chains.
The next meeting of the working group is scheduled for April.
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