Eurasian Economic Union News & Analysis

Eurasian Economic Union

The EAEU Free Trade Bloc includes Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia and fills the economic space between Eastern Europe and Western China. With Free Trade Agreements now in place with China, Indonesia, Iran, Mongolia, Serbia, Singapore, the UAE and Vietnam, and negotiations well underway with India and Egypt, the EAEU is developing as a vast Eurasian trade space. Leverage the EAEU single market as we discuss business regulations, customs procedures, and trade advantages for companies operating within or trading with the Eurasian Economic Union.

Featured December 27, 2024

New Russia’s Pivot To Asia “2025 Guide to the Caucasus” Out Now

Russia’s Pivot To Asia has released a new publication, titled “A 2025 Guide to the Caucasus”. It is available for complimentary download from the RPA website and can be accessed here. The Guide gives a unique and complete overview of the Caucasian region and details Russian trade, investment and interests with the following countries and […]

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December 26, 2024

Russia, Belarus, To Jointly Produce Electric Vehicles

Belarus and Russia are working on creating a joint venture to produce electric vehicles, according to the Belarusian National Academy of Science (NAS), who stated “From December 22 to 25, a delegation from the Belarusian NAS, led by Academician and Secretary of the Department of Physical and Technical Sciences Sergei Shcherbakov, is visiting organizations of […]

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December 24, 2024

Eurasian Economic Union 2024 GDP Growth Expected To Be 4.2%

The Eurasian Economic Commission, the secretariat of the Eurasian Economic Union (EAEU), expects the 2024 EAEU GDP growth to be 4.1%, according to the EEC’s press service. The statement read “A positive trend in the growth of gross domestic product continued to be observed in all countries of the Eurasian Economic Union in 9M 2024. […]

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December 24, 2024

Rosatom Renewables Signs Wind Farm Investment Deal With Kyrgyzstan  

Russia’s Rosatom Renewable Energy division, formerly known as NovaWind, has signed an investment agreement with Kyrgyzstan to build a 100 MW wind farm in the Issyk-Kul region, the company has said in a press release. Design and survey work and equipment contracting is scheduled to begin in 2025. Rosatom said that this is the first […]

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December 23, 2024

Russia – Armenia Bilateral Trade Increases 91% In 2024

The Deputy Prime Ministers of Russia and Armenia – Alexei Overchuk and Mher Grigorian, have highlighted the continuing rapid growth of Russian-Armenian trade during the Russian-Armenian intergovernmental commission on economic cooperation meeting in Moscow on Friday (December 20). Overchuk said “Our trade and economic relations continue to be on the rise.  I can say that […]

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December 22, 2024

Russia–Kazakhstan To Open Cross-Border Logistics Centre In Astrakhan

A cross-border trade center will be created at the Kazakhstan-Russia border, as announced during a meeting between Kanat Khasenov, the Consul General of Kazakhstan in Astrakhan, and Igor Babushkin, the Governor of Russia’s Astrakhan region. Babushkin noted that the Republic of Kazakhstan is one of the main partners of Russia’s Astrakhan Oblast (Province) with strong […]

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December 21, 2024

Russia – Mongolia Flight Services To Increase

A direct Vladivostok – Ulaan Baatar air route could appear from early 2025 as Russia and Mongolia look to boost air connectivity between them. At present, routes exist between Moscow, Irkutsk and Krasnoyarsk and the Mongolian capital.     Alexander Kozlov, the Russian Natural Resources Minister said that the two countries will assess viability after a meeting […]

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December 18, 2024

Direct Minsk – Urumqi Flights Now Underway

Belarus’s Belavia Airlines has launched regular flights from Minsk to Urumqi, the capital of northwest China’s Xinjiang Province. It is the largest and wealthiest city in Central Asia. The first flight had over 75% occupancy. The Urumqi-Minsk flight also delivered over three tonnes of cargo, mainly parts for Chinese-manufactured cars, along with the passengers. It […]

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December 17, 2024

Direct Sharjah – Sochi Flights To Start From June 2025

Air Arabia plans to launch direct flights on the Sharjah, of the United Arab Emirates, to Sochi on  Russia’s Black Sea Coast route starting from June 27, 2025, according to Sochi Airport. Flights will operate three times per week on Mondays, Wednesdays, and Fridays on narrow-body Airbus A320 aircraft, with travel time just under four […]

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