EAEU Approves Study on Free Trade Agreement With Pakistan

EAEU Approves Study on Free Trade Agreement With Pakistan
Photo: Economist.kg

The Council of the Eurasian Economic Commission approved the results of a study on the feasibility of a free trade agreement between the Eurasian Economic Union (EAEU) and Pakistan. The meeting took place on November 3 in Moscow and was attended by Kyrgyzstan's First Deputy Chairman of the Cabinet of Ministers, Daniyar Amangeldiyev, according to the cabinet's press service.

The study found that the agreement could improve access to the Pakistani market for agricultural products and for metallurgy, coal, pulp and paper, and chemical goods from EAEU countries. At the same time, it could increase supplies of fresh fruit, vegetables, ready food products and some industrial goods from Pakistan.

The Council also approved a draft procedure for reviewing digital projects under the EAEU digital agenda, which provides for a transparent assessment of initiatives, including in artificial intelligence and information technology, using the union's integrated information system. It also adopted special rules for determining the origin of certain goods exported from the EAEU customs territory that are subject to specific regulatory measures. A draft of the main directions of the EAEU's international activity for 2027 was also approved.

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This story was automatically summarised and translated from Economist.kg. All rights to the story belong to its source.

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