EAEU Summit: Kazakhstan's Tokayev on Digitalization, AI & New Trade Agreements

Eurasian Economic Forum & EAEU Summit

• 📌 Kazakhstan's President Kassym-Jomart Tokayev participated in the Fourth Eurasian Economic Forum and EAEU summit in Minsk, Belarus.
• 💡 The forum's theme was "Strategy for Eurasian Economic Integration: Outcomes and Prospects," providing a platform for member states to discuss current agendas.
• ⚙️ The event showcased Belarusian equipment, including the world's largest mining dump truck with a 450-ton payload capacity.

Digitalization and AI Integration

• 🧠 President Tokayev highlighted the prospects of digital technologies in EAEU trade and the increasing competition in artificial intelligence.
• 🚀 He urged the EAEU to seize the "window of opportunity" to strengthen its role in the emerging digital world order.
• ⚠️ Tokayev noted challenges of technological revolution, such as unequal access to technology, reduction of traditional jobs, and limitations on digital sovereignty due to global digital monopolies.

Kazakhstan's Leadership Role

• ✅ Kazakhstan is a known advocate of multilateral diplomacy, with the EAEU being a product of its diplomatic efforts.
• 🤝 The country's role in Eurasian economic integration is significant, reflecting an open foreign policy.
• 🗓️ Kazakhstan is set to assume the presidency of the Supreme Eurasian Economic Council next year.

New Trade Agreements & Economic Impact

• ✍️ EAEU leaders signed two major international documents: a temporary trade agreement with Mongolia and an economic partnership agreement with the United Arab Emirates (UAE).
• 📈 The UAE agreement is expected to boost non-oil trade, with 95% liberalization from both sides.
• 💰 These agreements are projected to generate substantial annual revenue for the EAEU, with $3 billion from the UAE deal and $2 billion from the Mongolia deal.
• 🎯 The deals cover about 93% of EAEU exports to these countries, allowing for preferential tariff rates and expanding the geography of cooperation.