Several documents adopted at Eurasian Intergovernmental Council meeting

Several documents adopted at Eurasian Intergovernmental Council meeting

Trade turnover within the Eurasian Economic Union continues to grow. Last year, it reached $95 billion and is expected to increase by over 7% in 2026, exceeding $102 billion. Kazakh Prime Minister Olzhas Bektenov stated this at a meeting of the Eurasian Intergovernmental Council in Cholpon-Ata. The meeting participants discussed the development of the EAEU internal market and the expansion of digital cooperation. According to Olzhas Bektenov, strengthening economic cooperation has become particularly important amid today’s external challenges. Following the meeting, the parties signed six documents. Among the key ones is the Agreement on Electronic Trade in Goods within the EAEU.


«An agreement on brokers and dealers was also signed. It is one of the agreements being developed as part of the establishment of a common financial market. It states that brokers and dealers that are recognized and operate under the legislation of one of the EAEU member states will be able to conduct their activities in the territories of other EAEU member states,» noted Zhanel Kushukova, Vice Minister of Trade and Integration of the Republic of Kazakhstan.


Kazakhstan has proposed establishing regular monitoring of the conditions for food products entering EAEU markets. This would help ensure compliance with the Union’s common rules and remove existing barriers. Meanwhile, exports from the domestic agricultural sector have increased. In 2025, supplies within the EAEU reached $7 billion, with processed goods accounting for more than half of the total. Wheat remains one of the key export commodities.


«Last year, Kazakhstan harvested around 26 million tonnes of grain crops. This enabled the country to rank among the world’s top 10 wheat exporters. Within the EAEU, Kazakhstan remains one of the key suppliers of socially significant food products. These include grain, oilseeds, flour and pasta,» said Nazgul Khatepova, Vice Minister of Agriculture of the Republic of Kazakhstan.