turnover

Eurasian Economic Union (EAEU) countries are moving towards deeper economic integration through digitisation and AI, as leaders of the bloc met in Astana for a two-day summit.

ADVERTISEMENT

ADVERTISEMENT

During the high-level talks, member states discussed creating a unified digital environment to build a seamless market across a shared economic space of more than 20 million square kilometres.

Delegations focused on trade, joint projects and the development of shared digital tools and AI systems designed to strengthen cooperation and reduce fragmentation across the bloc.

Last year, trade within the union more than doubled, while turnover with third countries rose by 72%, while around 90% of settlements are now conducted in national currencies, as EAEU states also mull a single transit system.

With digitisation driving developments across the union, Kazakhstan’s President Kassym-Jomart Tokayev said trade turnover between EAEU members could increase by around 6%, exceeding €85 billion this year, compared with €80 billion last year.

He added that GDP growth across EAEU countries is projected at around 2.5% for 2026–2027.

Now in its 12th year, the EAEU functions as a single integrated market and free trade zone for its five members – Russia, Belarus, Kazakhstan, Kyrgyzstan and Armenia.

The bloc already has agreements in place with a number of countries including Serbia, Vietnam, the UAE, Mongolia and Indonesia. China remains the bloc’s key partner, accounting for around one-third of external trade.

Integration through AI

Kazakhstan’s Tokayev said that during its chairmanship of the EAEU, the country has proposed the practical use of AI to help implement the bloc’s so-called four freedoms, with the aim of strengthening the competitiveness of member states.

Member states also proposed developing common principles for the responsible use of AI, as well as shared computing capacity and joint model development.

Meanwhile, Russia proposed a high-level AI get-together next year to further cooperation on domestic AI models and connecting its IT and energy infrastructure, according to Russian President Vladimir Putin.

On the ground, pilot projects are already being tested at the EAEU level.

In Kazakhstan, several AI-powered digital assistants have been developed by both government agencies and startups to help citizens navigate legal and regulatory systems more easily.

According to Deputy Minister of Artificial Intelligence and Digital Development Dmitry Mun, these AI legal assistants are designed to simplify legislation, reduce bureaucracy, and make regulatory systems more accessible for citizens and businesses.

Some of these tools are now being tested to streamline processes across member states.

Trade corridors and logistics modernisation

Around 85% of goods travelling from China to Europe are routed through the Middle Corridor, according to officials.

Artificial intelligence is increasingly being deployed alongside the TDN and the Digital Transport Corridor along the Trans-Caspian International Transport Route. Together, these measures are expected to increase non-commodity exports by around 30% over the next two years.

Kazakhstan’s Minister of Trade and Integration Arman Shakkaliyev said the country also aims to leverage major transport routes, including the Middle Corridor and the North–South Corridor, to build a fully integrated logistics ecosystem.

The goal, he said, is to position Kazakhstan as a key regional hub where transport routes converge and large export flows are consolidated.

The ambition is to develop a fully functioning system by 2030, with cargo volumes reaching around 10 million tonnes. Work is already under way, including railway modernisation and new infrastructure development.

Putin visit and bilateral agreements

The summit followed Putin’s state visit to Kazakhstan, during which the two countries signed seven key pillars of bilateral cooperation, along with a broader package of agreements covering energy, transport, finance, education and industrial development.

Russia remains Kazakhstan’s largest investor, with nearly €25 billion already invested and plans to increase that figure further. It is also building Kazakhstan’s first nuclear power plant, valued at around €14 billion.

Putin said the plant would account for around 20% of Kazakhstan’s electricity consumption, adding that financing conditions for such projects are in line with international practice.

He noted that the project supports Russian industrial capacity through equipment orders and long-term maintenance contracts, while also strengthening cooperation between the two countries in uranium and nuclear technology.

For Kazakhstan, officials say the project represents both energy security and a step towards moving beyond raw-material exports to high-value technological cooperation.

To be the best, you have to beat the best, and the Sparks aren’t quite there.

In their season opener, the Sparks couldn’t build momentum against defending champion Las Vegas and fell 105-78 behind a remarkably efficient shooting day from the Aces.

Las Vegas shot 63% from the floor and the Sparks had few answers. Nneka Ogwumike had 19 points and 10 rebounds in her return to the Sparks, and Kelsey Plum opened her campaign with 27 points. Reigning WNBA MVP A’ja Wilson led the Aces with 19 points and Jackie Young picked up 20 points and nine assists. Chennedy Carter had 22 points in her first WNBA game since 2024.

Plum scored 11 of her points in the fourth quarter, but by then the Aces had opened a 20-plus point lead.

The Aces were coming off a 33-point blowout opening day loss to Phoenix on Saturday but showed no sign of fatigue.

Las Vegas (1-1) pounded the paint early with 26 points in the first half and 14 free throws to seven from the Sparks (0-1). They also shot 68.8% in the opening quarter to lead 29-14.

But the Sparks’ offense also seemed a bit out of sorts, with nine turnovers in the opening half that the Aces turned into 10 points. Las Vegas opened the second quarter on an 18-5 run.

The Sparks narrowed the deficit to one by halftime following an Ogwumike three-pointer and backhand layup late in the second. But mostly, the Sparks’ defense activated, forcing 10 turnovers, led by two steals apiece from Ariel Atkins and Erica Wheeler to fuel the comeback.

The Aces expanded their lead back to nine following a pair of turnovers from Atkins and Plum.

Last season, the Sparks had the worst defense in the WNBA, giving up 88.2 points per game. Defensive woes haunted them once more with 33 points allowed on 73.7% shooting in the third quarter, allowing the Aces to pull away.

Even with 15 offensive rebounds to the Aces’ six, the Sparks’ offense wasn’t efficient enough to compete. The Sparks also only got seven from the bench, with Wheeler shooting one for 11 in 20 minutes.

The Sparks host Indiana (0-1) on Wednesday night.