The Eurasian Investment Agency (EIA) has been working for almost a year and will soon sum up its first results. It was created in December 2022 by Russian business associations. Since May 2023, the president of the EIA is Rim Khasanov, the founder and managing partner of one of the largest real estate agencies in Russia, “Samolet Plus”.
Now the Agency is a structure for business in the business space of Eurasia, which is actively expanding the geography of international partnerships and strengthening its presence in fast-growing regions of the world.
Its goal is to build productive interaction between business and government in the Eurasian space. On August 31, the EIA signed a cooperation agreement with the Eurasian Business Association (EBA).
Currently, the EIA helps foreign investors invest profitably in projects in the Russian Federation and strives to expand international partnership.
The Agency actively promotes economic, trade, and investment cooperation at the international level, the implementation of joint projects within the framework of multilateral cooperation, and the formation of new cross-border transport and logistics routes. As well as creating a business-enabling environment and predictable conditions for entrepreneurs.
An important aim of the Agency is to expand direct contacts between business, international organizations, authorities, financial institutions, investment funds, and development institutions of the Russian Federation and other countries.
As part of its activities, the EIA is engaged in stimulating economic growth, creating new industries and jobs, implementing import substitution programs, and increasing export.
Cooperation with the Agency gives participants access to a full range of services to support investment projects and export supplies, which includes:
- Qualified assistance in packaging of investment projects;
- Qualitative examination of conjuncture in international markets, in regional and industrial sector, evaluation of the capabilities and risks of entering them;
- Marketing, analytical and informational support for investment projects and transactions;
- Assistance in finding potential investors, clients, and partners within the framework of the Eurasian Economic Union and non-CIS countries;
- Consulting on logistics, tax regime, technical regulations, legal regulation in Russia and abroad;
- Assistance in obtaining permits and licenses in accordance with national legislation and international standards;
- Direct contact with authorities, ministries, departments and agencies, financial institutions, investment agencies, etc.;
- Attracting project financing, including resources from state and international development institutions;
- Access to a bank of current investment proposals for any amount of financing.
The agency actively organizes international business missions, holds multilateral forums, specialized exhibitions and expositions, and develops professional education and advanced training programs.
“The Eurasian Investment Agency has become the first non-profit structure in our country aimed at revealing all the possibilities of Eurasian integration for the local business community, our partners from friendly states, and insuring them against the growing risks of global financial crises, trade, and rate wars,” said EIA President Rim Khasanov, emphasizing that the Agency’s main aim is to protect the interests of business, create a wide range of tools to support export, and access to international markets with competitive products and services.
The EIA has already established effective cooperation with the business communities of a number of member countries of the EAEU and the CIS: Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Turkmenistan, Uzbekistan and is constantly expanding its geographical presence in other countries and regions of the world.
Today these are the countries:
- Which created the EurAsEC free trade zone, such as Vietnam, Iran, China, Singapore, Serbia;
- Negotiating free trade: Egypt, India, Israel, UAE, a number of states in the African region;
- Other friendly states: Syria, countries of Latin America and Southeast Asia.
The agency is striving to become the leading center of examination and analysis to evaluate international markets, as well as to create a register of investment proposals that are attractive for both local and foreign investors.