EAEU going into digital space

The initiative of Russian business on digital industrial cooperation looks useful. The idea is to create a digital system for cooperation between businessmen (counterparty discovering), whose good faith is going to be checked through a multistage verification mechanism and rating system.  Preconditions for the project are created by the volume of bilateral trade in intermediary goods (over 60%), but the lack of positive development shows, that capacities for further increase of cooperation within old technological realities are exhausted. These capacities can be restored only on a new digital basis.

First of all, there is need in information exchange, because EEC experts are sure that the insufficient involvement of Member States into multilateral cooperative deliveries is caused, above all, by the fact, that economic entities are not informed enough about the needs and productive capacities of industrial producers in partner countries of EAEU. The relevance of the question is proved by the fact, that over 80 thousand companies are already registered only on the Russian information and service platform RSTrade, which can be integrated into EAEU unified digital system.

At the output, digital industrial cooperation will stimulate the adaption of innovative technologies and management practices, increase the productivity of capital by saving time needed for gathering, processing and analysing the information. Finally, this will strengthen competitiveness on commodity markets. Prime minister of Kazakhstan Baktyzhan Sagintaev is sure, that in future this will make it possible to increase the level of technical modernization in our countries, join efforts of business, science and state to promote advanced scientific developments.