ADVIS Information Agency: EDB holds the 10th International Conference on Eurasian Economic Integration

The 10th International Conference on Eurasian Economic Integration took place in Moscow. Its objective was to search for the ways to develop integration further. The participants in the conference were members of the Eurasian Economic Commissions Board, including Minister of Industry and Agroindustrial Complex Sergey Sidorsky, Minister of Trade Andrey Slepnev and Minister of Economy and Financial Policy Timur Sulemeinov; representatives of ministries and governmental agencies, including Russia's Deputy Minister of Finance Yuri Zubarev, Russia's Deputy Minister of Energy Anatoly Yanovsky, and Kazakhstan's Deputy Minister of Investment and Development Albert Rau; representatives of national companies, including Deputy Chairmen of Vnesheconombank Sergey Vasilyev and Andrey Klepach; speakers from the academia and businesses of the Bank's member states, including Ruslan Grinberg, Head of Research at the Institute of Economics and Associate at the Russian Academy of Sciences, and Yevsey Gurvich, President of the Association of Independent Centres of Economic Analysis; as well as foreign scholars, experts and many other persons. The participants discussed economic development vectors for the EEU, possible cooperation in key sectors, the advancement of industrial cooperation, capital movements and the formation a single financial market in the region. The core of the conference was a plenary session with special guests and key speakers. In addition, the conference had four sections to discuss infrastructural development, industrial cooperation, the linkages between the EEU and the Silk Road Economic Belt, and the formation of single financial market. "In the current economic conditions, the issue of integration becomes increasingly pressing. We see what is happening in the world: the Trans-Pacific Partnership is being formed, Eurasian integration has its ups and downs, and China is becoming increasingly active. In such economic and geopolitical conditions it is difficult for any country to be beyond an integration union. This is the very reason why the development and advancement of our countries - the countries of Eastern Europe and Central Asia - will depend on how we adapt to the processes happening around," Dmitry Pankin, Chairman of the Management Board at EDB, said when he opened the plenary session. EDB conferences have become an effective instrument of communication and information exchange for financial institutions, authorities and businesses in the Bank's member states. The recommendations made as a result of discussions are used by the Bank to devise new approaches to developing its investment policy.