Minsk hosted a regular session of the Eurasian Intergovernmental Council. The event was attended by Karen Karapetyan, Prime Minister of the Republic of Armenia, Roman Golovchenko, Prime Minister of the Republic of Belarus, Akylbek Japarov, Prime Minister of the Republic of Kyrgyzstan, Mikhail Mishustin, Prime Minister of the Russian Federation, Mikhail Myasnikovich, Chairman of the Board of the Eurasian Economic Commission, and by others.

The outlook for the global economy has slightly improved since the WTO’s most recent trade forecast was issued in October of last year but the pace of trade expansion in 2023 is still expected to be subpar, weighed down by the ongoing conflict in Ukraine, stubbornly high inflation, tighter monetary policy and financial uncertainty.