MOSCOW, 15 August (BelTA) - The heads of government of the Eurasian Economic Union (EAEU) member states have approved a program to develop trading on the common commodity exchange market. The decision was made during the Eurasian Intergovernmental Council’s meeting in Cholpon-Ata, Kyrgyzstan on 14-15 August, chaired by Belarusian Prime Minister Aleksandr Turchin, BelTA learned from the press service of the Eurasian Economic Commission (EEC).
The program aligns with the strategic directions of Eurasian economic integration through 2025. Structured into four sections, it outlines general provisions, a system of measures, implementation mechanisms, and resource allocation.
“The program will be implemented in three stages: drafting the legal framework for the common exchange market; launching pilot projects and simulated trading; and achieving full-scale operation of the exchange market by 2029,” the EEC explained.
The plan includes 14 key measures, such as drafting and adopting an international treaty on establishing the common commodity exchange market, agreements between trading platforms and infrastructure organizations, and regulatory acts by EAEU bodies.
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