According to Artak Kamalyan, member of the Board (Minister) for Industry and Agriculture of the Eurasian Economic Commission, the lack of support for industrial cooperation in the Union has become one of the obstacles to the development of Eurasian integration.
Artak Kamalyan and Zhang Hanhui discussed a number of matters concerning the establishment of interaction and the expansion of cooperation avenues, the organization of joint expos, international forums, the sharing of the best practices relating to the restructuring of the manufacturing sector.
According to Artak Kamalyan, in order to launch the new mechanism, it is necessary to draft a provision that will detail the procedure for selecting and financing projects.
Belarus has suggested supplementing the industrialization map of the Eurasian Economic Union with projects in petrochemistry, metal products and building materials, official representative of the Eurasian Economic Commission Iya Malkina said at a briefingю
The prime ministers of the countries of the Eurasian Economic Union approved the sources and mechanisms for financial support for industrial cooperation.