Baku, Azerbaijan, August 9
By Nargiz Sadikhova - Trend:
Eurasian Economic Commission (EEC) and Astana International Financial Center (AIFC) have signed a Plan of joint activities for the development of cooperation between countries of Eurasian Economic Union (EAEU), Trend reports with reference to the press office of prime minister of Kazakhstan.
The signing took place during a meeting of the Eurasian Intergovernmental Council in Cholpon-Ata, Kyrgyzstan.
The meeting agenda included 15 issues for the further development of integration processes, increasing trade and economic cooperation, and removing barriers within the EAEU domestic market.
According to the Prime Minister of Kazakhstan Askar Mamin, it is necessary for EAEU countries to develop cooperation in the field of financial markets, trade and investments as well as in protecting the rights and interests of consumers of financial services.
In this regard, it was proposed to use the capabilities of the Astana International Financial Center.
“A financial technology hub has been created within AIFC, which ensures the construction of high-quality infrastructure to unite all regional participants in the financial technology market. The hub allows to introduce and stimulate new products to this market,” the report said.
To enhance cooperation in this area, the Plan of joint activities between EEC and AIFC for 2019-2021 was signed in the framework of the Memorandum of Cooperation between EAEU and AIFC.
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