On August 14–15, the 43rd session of the Eurasian Intergovernmental Council (EIGC) in an expanded format is taking place in Cholpon-Ata, Kyrgyzstan, on Lake Issyk-Kul. This was reported by the Information Support Department of the Cabinet of Ministers’ Office. It is reported that the heads of government of the EAEU member states will discuss 20 issues, including the control of customs value of taxable goods imported into the Union member states from third countries, as well as the implementation of the Strategic Directions for the Development of Eurasian Economic Integration until 2025.

In addition, the Intergovernmental Council will approve the Development Program for exchange trading on the common (organized) commodity market within the EAEU, hear reports on the progress in 2024 of forming the EAEU common markets for oil and petroleum products and for gas, as well as review the EEC report on the state of competition in cross-border markets and the measures being taken in 2024 to prevent violations of common competition rules.

According to Russia’s Prime Minister Mikhail Mishustin, the potential of the “five,” which recently celebrated its 10th anniversary, continues to strengthen.

“The union’s gross domestic product grew by 4.4% last year, and increased by 2% in January–March of this year. Further joint work to strengthen integration mechanisms is in the interest of all our states,” Mishustin noted. According to the Prime Minister, the development program for exchange trading, adopted today at the EIGC session, “will make it possible to form a common market,” giving entrepreneurs the opportunity to participate in trading in each of the “five” countries. Mishustin also drew attention to the creation of a common transport space.