Mamin proposed to use the capabilities of the AIFC for EAEU cooperation in the field of finance

Prime Minister Askar Mamin attended a meeting of the Eurasian Intergovernmental Council in Cholpon-Ata, the Official Information Source of the Prime Minister.

The meeting was attended by the Prime Ministers of the Russian Federation Dmitry Medvedev, Belarus – Syarhey Rumas, Armenia – Nikol Pashinyan, Kyrgyzstan – Mukhammedkalyi Abylgaziev and Chairman of the Board of the Eurasian Economic Commission Tigran Sargsyan.

The meeting participants considered 15 issues on the agenda for the further development of integration processes, increasing trade and economic cooperation, and removing barriers in the EAEU domestic market. The parties celebrated the 25th anniversary of the idea of Eurasian integration put forward by the First President of the Republic of Kazakhstan – Elbasy Nursultan Nazarbayev and the 5th anniversary of the signing of the Treaty on the Establishment of the Eurasian Economic Union.

The Heads of Government exchanged views on the regulation of the alcohol and financial markets, distribution of import customs duties within the EAEU.

The conceptual issues of cross-border information interaction, the development of industrial cooperation, the agro-industrial complex of the Union member countries, as well as the cooperation of customs services of the Member States of the Customs Union were discussed.

According to the Head of the Government of Kazakhstan, it is necessary to develop cooperation in the field of financial markets, protecting the rights and interests of consumers of financial services and investors, trade and investment cooperation.

In this regard, it was proposed to use the capabilities of the Astana International Financial Center. A financial technology hub has been created within the framework of the AIFC, which ensures the construction of high-quality infrastructure to unite all regional participants in the financial technology market. The hub allows you to introduce and stimulate new products to the financial technology market.

To enhance cooperation in this area, a Plan of joint activities between the Eurasian Economic Commission and the AIFC for 2019-2021 was signed in the framework of the Memorandum of Cooperation between the EAEU and the AIFC.

Following the meeting, 12 documents were signed.

Photo: primeminister.kz