The update to the industrialization map is intended to help EAEU countries build production ties and form new supply chains. According to Goar Barseghyan, Minister for Industry and Agro-Industrial Complex of the EEC, the document is aimed at enhancing technological sovereignty and developing industrial cooperation.

How the update will affect enterprises in EAEU countries

According to the data, the industrialization map helps strengthen industrial interaction among the union's member states. This opens up additional opportunities for domestic enterprises, including those in Kyrgyzstan, to take part in joint industrial projects and expand sales markets.

import dependence
reduction
industrial cooperation
strengthening
new supply chains
formation

Key goals of the document

Goar Barseghyan, Minister for Industry and Agro-Industrial Complex of the EEC, noted that the map helps manufacturers in EAEU countries work out mutual supplies of products and build cooperation ties.

The Eurasian Economic Union has approved another update to the industrialization map. The document is aimed at developing industrial cooperation between the countries of the association, reducing import dependence and enhancing technological sovereignty.
According to Sputnik Kyrgyzstan

Context

The Eurasian Economic Union is an association of states headquartered in Moscow. Goar Barseghyan is a member of the Board for Industry and Agro-Industrial Complex of the Eurasian Economic Commission.