UNIDO, Eurasian Economic Commission Advance Industrial Development Programme
BY STAFF REPORT in BUSINESS on 4 MAY
A joint programme on innovative development, technology transfer, capacity building support for business infrastructure, industrial parks and clusters as well as trade capacity and export support between the United Nations Industrial Development Organisation (UNIDO) and Eurasian Economic Commission is under development now.
Member of the board in charge of industry and agriculture at the Eurasian Economic Commission (EEC) Sergey Sidorsky, who participated in the International Conference on Sustainable Industrial Development in European and Central Asian Countries with Middle-Income noted that the main task in the industrial sphere for Eurasian Economic Union (EAEU) members is the transition to a new technology sector with high labour productivity. The solution to this key problem requires a specific approach to minimise expenditures and maximise the effect of such a transition. There are many examples where countries have solved problems concerning forced introduction of new technologies, efficient energy use, optimisation of cooperation chains and expansion into new foreign markets in the framework of various types of partnerships.
“In order to develop industrial complexes of the member states of the EAEU, we should use the knowledge and best practices of leading international specialised institutions for economic and industrial development. This approach allows us to achieve the effect of integration into the global production cycle and participation in global production chains. In this area, UNIDO offers needed knowledge, resources and experience. Moreover, it is an effective platform for the exchange of ideas concerning industrial development,” said Sidorsky.
The conference was organised by the Ministry of Foreign Affairs of Belarus and UNIDO, as part of the UN Development Programme. The event was aimed at promoting the growth of mutual trade, initiation of partnerships with middle-income countries in the field of industrial innovation and the creation of a platform for the joint development of innovative small- and medium-sized enterprises with the involvement of experts from UNIDO, the UN and other international institutions. Representatives of about 20 countries and heads of international organisations attended the conference.