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19 April 2024, 17:33

Opinion: EAEU-China relations are at an all-time high

An archive photo
An archive photo
MOSCOW, 19 April (BelTA) – Relations between the Eurasian Economic Union (EAEU) member states and China have never been better, Member of the Board (Minister) for Trade of the Eurasian Economic Commission (EEC) Andrei Slepnev said following the meeting of the joint commission on the implementation of the EAEU-China trade and economic cooperation agreement, BelTA learned from the EEC press service.

The commission met in Beijing on 19 April. The meeting was co-chaired by Andrei Slepnev and Chinese Vice Minister of Commerce Li Fei. “Currently, the relations between the EAEU  countries and the PRC are at an unprecedentedly high level. A testimony to that is the uptick in our trade. Indeed, the trade set another record at the end of 2023 when it rose by almost a quarter over 2022. I am sure that next year, in addition to traditional issues like trade facilitation and new topics like climate and e-commerce, we will also discuss other areas of interaction that were outlined during a joint study of trade and economic cooperation prospects conducted by the scientific communities of the EAEU and China,” he said following the meeting.

The meeting reviewed progress to implement the road map to promote trade and economic cooperation between the EAEU and the PRC. The parties agreed to fast-track the work to sign agreements between railway carriers of the Russian Federation and China and their certification centers. The agreements provide for using paperless technology in international transportation, which is expected to promote digitalization of transport corridors between the EAEU countries and the PRC.

The parties emphasized the importance of continuing consultations on climate, development strategies for the EAEU and China, market protection measures and e-commerce, which is envisaged by the road map. A consistent dialogue was established in public procurement and inter-exchange cooperation.

In addition, the joint commission reviewed the results of the efforts to expand interaction and thrashed out plans to boost cooperation in technical regulation, application of sanitary and phytosanitary measures, customs and industry. They reaffirmed commitment to promoting the development of the Eurasian Agroexpress project that seeks to accelerate rail transportation of food products from the EAEU to China.

During his trip to Beijing, the EEC minister also visited the headquarters of Chinese Railway to hold consultations with General Manager of China State Railway Group Co. Guo Zhuxue. He also held a working meeting with the heads of diplomatic missions of the EAEU member states in China.
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