Astana, 13 October 2022 (TDI): On the sidelines of the Sixth Summit of the Conference on Interaction and Confidence Building Measures in Asia (CICA) hosted a signing ceremony for a Memorandum of Understanding between the CICA Secretariat and the Eurasian Economic Commission (EEC) of the Eurasian Economic Union (EAEU).

The document was signed by CICA Executive Director Kairat Sarybay and Chairman of the Board of the Eurasian Economic Commission Mikhail Myasnikovich.

Thus, the EEC became the sixth Partner Organization of CICA. Regional economic integration, economy and finance, transportation and transport, digitalization and information and communication technology, industry, agribusiness, trade, and competition policy were identified as fields of interaction between the two associations.

In his remarks at the signing ceremony, the CICA Executive Director pointed out that CICA acted in five broad dimensions of cooperation – military-political, new challenges, and threats, economic, environmental, and human.

That being said, at least 60 percent of the CICA agenda is represented by financial issues, which testifies to the Member States’ focus on practical cooperation and opens up broad prospects for interaction with the EAEU.

Thus, the collaboration between the CICA Business Council and the EAEU Business Council could become one of the practical forms of this work.

The CICA Executive Director emphasized that the wide range of economic challenges and opportunities, global and regional threats and challenges, and the goals of sustainable development and environmental protection were indicative of the need for more significant interaction and connectivity on the Asian and – on a broader scale – on the Eurasian continent.

In December 2021, the CICA Member States decided to initiate contact between the CICA Secretariat and the Eurasian Economic Commission to establish mutually beneficial and constructive interaction. Chairman of the Board of the Eurasian Economic Commission Mikhail Myasnikovich is invited to participate in the Sixth CICA Summit in Astana on 12-13 October 2022.

Sixth CICA Summit 2022

Sixth CICA Summit kickstarted today in Astana, the beautiful capital city of Kazakhstan, where the Presidents and Prime Ministers of the member countries are gathering to reflect on the challenges and ways to resolve the difference.

This year the summit marks three significant events: the 30th anniversary of CICA, the end of Kazakhstan’s two-year chairpersonship in the conference, and the objective to transform the meeting into a full-fledged organization.