The initiative to award him this title belonged to Putin.

The First President of Kazakhstan Nursultan Nazarbayev was appointed the Honorary Chairman of the Supreme Eurasian Economic Council (VES), the highest supranational body of the Eurasian Economic Union (EAEU). This was announced by the press secretary of the former president.
The decision was made at the summit of the member countries of the Union-Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia. The current president of Kazakhstan Kasim-Zhomart Tokaev said that Putin proposed to Nazarbayev, "taking into account his [Nazarbayev] historical contribution to the formation of the Union."
Thanks to political insight, the strategic vision of the first president of Kazakhstan, the idea of Eurasian integration has become a reality that markedly reformatted the economic and, one might say, the geopolitical landscape of the continent.
Kasim-Zhomart Tokaev
On March 19, the former president of Kazakhstan Nazarbayev resigned . He held this post since April 24, 1990. On April 17, Kommersant said that they plan to appoint politics to the Honorary Chairman of the Eurasian Economic Union (EAEU).
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