Translation. Region: Russian Federal
Source: Ministry of Economic Development (Russia) – Ministry of Economic Development (Russia) –
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Russia remains one of the key trade and economic partners of the CIS member states. According to the results of January-April 2025, it ranks first in the foreign trade turnover of Belarus and Armenia, second in Kazakhstan, Kyrgyzstan, Uzbekistan and Tajikistan, and third in Azerbaijan.
This was stated by Deputy Minister of Economic Development of Russia Vladimir Ilyichev, commenting on the results of the 106th meeting of the CIS Economic Council, which took place in Moscow. The Russian delegation at the event was headed by Deputy Prime Minister of Russia Alexey Overchuk.
The meeting participants discussed a wide range of issues, including cooperation in energy security, the peaceful use of nuclear energy, the development of forestry, the construction industry, as well as measures to combat dangerous animal and bird diseases. Particular attention was paid to the macroeconomic indicators of the CIS countries for 2024.
According to preliminary estimates, the combined GDP of the Commonwealth states grew by 4.5% in 2024. The unemployment rate fell by 14% and amounted to more than 3% of the workforce. "All these economic indicators indicate that the Commonwealth of Independent States is a strong and sustainable integration entity," Vladimir Ilyichev emphasized.
According to the Ministry of Economic Development of Russia, in January-May 2025, the growth of Russia's GDP and agricultural production amounted to 1.5% each, industrial production – 1.3%. At the same time, the economies of the CIS partners are also demonstrating positive dynamics.
The meeting participants approved a number of documents aimed at further developing cooperation, including the Declaration on Regional Energy Security, the Action Plan for the Use of Nuclear Energy until 2030, and the Concept of Pricing in Construction. These initiatives will be considered in September at a meeting of the CIS Council of Heads of Government.
The successful implementation of the program for the reclamation of uranium sites in Tajikistan and Kyrgyzstan was also noted. In addition, the Russian Research Institute of the Bakery Industry received the status of a basic organization of the CIS for training personnel for this industry.
The parties reviewed information on the progress of the Action Plan for the implementation of the first stage of the CIS Economic Development Strategy until 2030.
The next meeting of the CIS Economic Council is scheduled to be held in September 2025 in Dushanbe, the capital of Tajikistan, which holds the CIS presidency this year.
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