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Issues of participation of the Russian Federation in the activities of the Eurasian Economic Union and interaction through the Organization for Economic Cooperation and Development were considered.

On January 25, a meeting of the subcommittee on economic integration of the Government Commission on Economic Cooperation and Integration was held. The event was held under the leadership of Deputy Prime Minister of Russia Alexei Overchuk.

Topical issues of Eurasian economic integration are considered. Particular attention is paid to the implementation of the Strategic Directions for the Development of Eurasian Economic Integration until 2025.

The corresponding action plan for 2022-2023 includes more than 200 activities. Alexey Overchuk noted the importance of the strategy that determines the direction of the development of the EAEU, emphasizing that the federal executive authorities need to take a proactive position in the issue of its implementation.

During the meeting, macroeconomic indicators were presented, indicating the positive role of integration for all EAEU member states in 2021. According to expert estimates, the gross domestic product of the EAEU will grow by 4% in 2021 compared to 2020.

The work to remove barriers in the internal market of the Eurasian Economic Union was also discussed. The Deputy Prime Minister noted the positive dynamics of their elimination, recalling that it is necessary to constantly keep abreast, not allowing the adoption of decisions that can be qualified as barriers.

The practice of using digital projects developed within the framework of the EAEU, including the applications “I travel without COVID-19” and “Work in the EAEU”, was noted in a positive way.

The meeting participants also considered issues of interaction with the Organization for Economic Cooperation and Development.

When discussing this area of ​​work, special attention was paid to the participation of the Russian Federation in the new OECD climate initiatives – the International Climate Action Program (IPAC) and the Carbon Pricing Improvement Project. Alexey Overchuk stressed that, having joined IPAC in 2021, the Russian Federation has become actively involved in the discussions of countries on the development of climate indicators for the program. The Deputy Prime Minister paid special attention to the need for comprehensive work in this direction. To this end, the subcommittee approved the interdepartmental distribution of responsibilities for indicators of the International Climate Action Program.

There was also a discussion of issues of further cooperation with the OECD. Decisions were made to develop project cooperation with the organization. The relevant departments were instructed to develop a draft plan for the interaction of the Russian Federation with the Organization for Economic Cooperation and Development for 2023-2024.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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