On 14 July the Eurasian Economic Commission Board adopted a recommendation on industrial cooperation in fine (small-tonnage) chemicals — aimed at stronger co-production links, high-tech output and import-substitution projects on the EAEU market. Source: Eurasian Economic Commission (EEC).
The text rests on a sector review: the industry and agribusiness block examined 30 core segments, production and consumption trends on global and Union markets, major producers and ongoing substitution projects.
Priority tracks include exchanging best practices for domestic markets, building resilient co-production chains, stimulating new product lines and modernising plants, including financial support for joint cooperation projects.
Industry and Agribusiness Minister Goar Barseghyan said fine chemicals are critical to technological sovereignty and lower import dependence. Chemical production is listed among priority economic activities for EAEU industrial cooperation (item 21 of Annex 1 to the Main Directions of Industrial Cooperation through 2030).
