BAKU, Azerbaijan, August 7. The member states
of the Eurasian Economic Union (EAEU) are adopting new measures to
develop a common financial space, expand e-commerce, and facilitate
the free movement of professionals within the Union.
This was stated by Russian Prime Minister Mikhail Mishustin at
an expanded meeting of the Eurasian Intergovernmental Council.
According to Mishustin, one of the key decisions will be an
agreement on the mutual recognition of academic qualification
documents, which will eliminate additional administrative
procedures for specialists from EAEU member states. “Citizens of
the five member states who hold such qualifications will no longer
need to undergo additional procedures to confirm their credentials
or deal with various bureaucratic requirements in order to work
across the Union,” he said.
The Russian prime minister emphasized that the implementation of
the agreement will expand opportunities for scientists,
researchers, and innovators. “Researchers, innovators, and
scientists will have more opportunities to realize their potential,
regardless of the country where they obtained their diplomas,”
Mishustin said.
In addition, as part of efforts to create a common EAEU
financial market, brokers from member states will gain mutual
access to participate in exchange trading.
According to Mishustin, this mechanism will provide an
additional boost to investment cooperation among the Union’s
countries. “As part of the creation of a common financial market,
we will provide brokers from our countries with the opportunity to
participate in trading on exchanges across all five member states,
which will help expand investment cooperation,” he said.
Another area of focus will be the regulation of e-commerce in
goods within the EAEU internal market. Mishustin said that the
member states will approve a relevant agreement aimed at
establishing unified rules for participants in digital trade. “The
agreement is designed to protect the interests of both sellers and
buyers. Businesses will operate under clear and unified rules,” the
Russian prime minister noted.
According to him, the development of e-commerce will allow
consumers to access a wider range of goods through marketplaces and
online trading platforms. Mishustin also highlighted the need to
synchronize digital mechanisms for monitoring product quality. He
stressed the importance of updating data on the conformity
assessment of goods with EAEU technical regulations in order to
ensure their free circulation through digital trading
platforms.
Speaking about the development of the platform economy, the
Russian prime minister said that a new law regulating the operation
of digital platforms will come into force in Russia on October 1,
2026. “It will establish transparent rules in this area,” Mishustin
said.
He also paid special attention to the digitalization of
logistics. According to him, almost all rail freight transportation
between Russia and Belarus is already carried out using electronic
documents, while the figure for routes with Kazakhstan stands at
around 81 percent. “This approach significantly simplifies business
operations and accelerates administrative procedures,” he said.
Mishustin emphasized that the further development of digital
solutions will contribute to expanding trade and economic
cooperation both within the EAEU and with external partners,
including China, Iran, and other countries.