Eurasian Economic Union

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EAEU – Russia – Azerbaijan 2024 Trade, Investment & Connectivity Intensifies

Eurasian Economic Union, Logistics & Transport, Trade

The economic relations between Russia and other EAEU countries with Azerbaijan, are increasingly active and are forming a common and mutually beneficial economic space, despite the fact that Azerbaijan is not part of the Eurasian Economic Union (EAEU) trade bloc.  An accelerating growth in trade turnover between Azerbaijan and the EAEU, coupled with over 50

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Intra-Eurasian Economic Union Trade Up 7% In Q1 2024

Economy, Eurasian Economic Union, Trade

The mutual trade volume within the Eurasian Economic Union (EAEU) in the first quarter of 2024 increased by ₽2 trillion (US$22.5 billion), according to Dmitry Volvach, a Deputy Minister of the Russian Ministry of Economic Development of Russia. He was speaking at the ‘Export to the EAEU countries’ conference of interregional cooperation in Novosibirsk last

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Eurasian Economic Union, China, Integrate Digital Regional Trade Connectivity 

China, Eurasian Economic Union, Trade

In a major trade step forward, the Eurasian Economic Union (EAEU) and China have agreed to implement vital elements of cooperation in trade digitalisation, making mutual trade flows increasingly transparent and effective. The impact will further increase multilateral trade throughout China, Russia and the Eurasian landmass. Russia’s Minister of Trade of the Eurasian Economic Commission,

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Ulyanovsk-

Ulyanovsk to Persian Gulf Block Train Services To Begin

Eurasian Economic Union, Infrastructure, Logistics & Transport, Trade

The Ulyanosk regional government has said that negotiations are currently underway to launch a regular block train service from Ulyanovsk-Baku-Astara to deliver goods to Iran and other Gulf countries. Agreements have been made with both domestic and foreign companies and signed with individual logistics partners. The implementation of the project will contribute not only to

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BRICS, EAEU Could Be Part Of A New Unified Eurasian Commodities Exchange

BRICS, Eurasian Economic Union, Finance

The St. Petersburg International Commodity and Raw Materials Exchange (SPIMEX) will create a new, common EAEU commodity exchange market and then intends to integrate this to include commodities trading within the BRICS, according to SPIMEX President Igor Artemyev, speaking on the sidelines of the St. Petersburg International Economic Forum (SPIEF). Artemyev stated that “A large

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China, Eurasian Economic Union Discuss Regional Belt and Road Initiative Investments

China, Eurasian Economic Union, Trade

Sergei Glazyev, the Minister for Integration and Macroeconomics of the Eurasian Economic Commission, the directing head of the Eurasian Economic Union (EAEU) has been attending the China Overseas Investment Fair, which was held on May 27-28 in Beijing. China has a non-preferential trade agreement with the EAEU, which means that tariff and duty rates between

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