The use of the AIFC opportunities to expand and develop cooperation between the EAEU members was discussed today, within the framework of the meeting of the Eurasian Intergovernmental Council with the participation of the Prime Ministers of the Eurasian Economic Union (EAEU).
The Governor of the Astana International Financial Centre (AIFC) Kairat Kelimbetov and the Member of the Board (Minister) for Economics and Financial Policy of the Eurasian Economic Commission (EEC) Timur Zhaksylykov signed an Plan of joint activities between the AIFC and the EEC for 2019-2021.
The Plan provides for cooperation measures to regulate financial markets, protect the rights and interests of consumers of financial services and investors, and develop financial technologies.
As part of the interaction on the development of financial markets, measures are planned to create regulatory “sandboxes” in the EAEU for testing and fine-tuning innovative financial products and services.
The successful implementation of the action Plan is expected to enable the AIFC to deepen cooperation with the Eurasian Economic Commission and the EAEU member countries and to gradually establish the Centre as a financial hub of Eurasia.