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.

RussiaUzbekistan
Featured March 12, 2025

Russia, Uzbekistan: 2025 Trade & Investment Update   

Russia’s First Deputy Prime Minister Denis Manturov has been meeting with Uzbekistan’s Deputy Prime Minister Jamshid Khodjaev in Moscow. Manturov and Khodjaev are co-chairs of the Russia-Uzbekistan intergovernmental commission on economic cooperation. The two parties discussed priority issues regarding bilateral cooperation during the meeting, with Manturov emphasizing the significant potential of interregional cooperation. The two […]

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Caspian
February 23, 2025

Russia Eying Increases In Caspian Regional Exports 

Russia’s unrealized export potential in trade with the Caspian countries is estimated at US$3.5 billion, which is about 10% of Russia’s trade turnover with the countries of the region in 2023, according to Dmitry Volvach, Russia’s Deputy Minister of Economic Development of Russia. He was speaking at the Third Caspian Economic Forum in Tehran. Russia’s […]

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Rus Belarus
February 22, 2025

Russia–Belarus Bilateral Trade Up 107.4% In 2024

The Belarusian Deputy Economy Minister Alesya Abramenko has said that bilateral trade in goods and services between Russia and Belarus reached US$57.6 billion, achieving a growth rate of 107.4% in 2024. Abramenko was speaking at a meeting of the interdepartmental working meeting of the Belarusian Economy Ministry and the Russian Economic Development Ministry. She added […]

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Railway-Russia
February 19, 2025

Russia, Iran, Discuss Agricultural Cooperation, Trade, and Bandar Abbas Logistics Hub    

A Russian agricultural trade delegation, lead by Deputy Prime Minister Alexei Overchuk, and Deputy Agriculture Minister Maxim Borovoi has been in Tehran discussing a variety of agricultural trade and supply chain issues with Iran.  The two parties discussed expanding the distribution channels for Russian agricultural products and food, including meat, confectionery and beverages on Tuesday […]

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Trade
February 10, 2025

Trade With Southeast Asia and Latin America Now Accounts for 70% of Russia’s Exports & Imports: Foreign Ministry Interview

Trade with the economies of Southeast Asia and Latin America already accounts for more than 70% of Russia’s export-import transactions, and the share of settlements in national currencies under foreign contracts with them is about 90%, according to Alexander Pankin, the Russian Deputy Foreign Minister. He emphasized that Moscow will continue to deepen cooperation with […]

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Confectionary
February 9, 2025

A Sweet Tooth For Russian Sweets: Russian Confectionary Exports Up 8% In 2024

Russia exported 700,000 tonnes of confectionery products in 2024, up 8% year-on-year, while the value of these exports grew 10.3% to reach US$1.81 billion, according to the Russian Association of Confectionery Industry Enterprises. They were presenting at the “Confectionery Products of the 21st Century” conference in Moscow last week. The 2025 export forecast for Russian […]

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BRICS-Grain
February 7, 2025

BRICS Agrarian Alliance Expected In June

The upcoming BRICS Congress will take place in June, where it is planned to approve the creation of a BRICS Agrarian Alliance, according to Lyudmila Orlova, the President of the Russian National Movement of Conservation Agriculture. Orlova stated that “We held a round table in December and have now agreed on holding a congress and […]

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Kyrgyzstan
February 5, 2025

Russia – Kyrgyzstan 2025 Trade & Investment Hits Turbulence 

Russian Prime Minister Mikhail Mishustin and his Kyrgyz counterpart Adylbek Kasymaliyev held discussions on Monday (February 3) after meeting on the sidelines of the Eurasian Intergovernmental Council’s session in Almaty. Mishustin and Kasymaliyev “discussed current issues on the bilateral agenda as a follow-up to the agreements on enhancing Russian-Kyrgyz trade and economic cooperation reached at […]

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SCO-China
January 27, 2025

China – Shanghai Cooperation Organisation Demo Zone TIR Shipments Increase

The China-SCO Regional Trade and Economic Cooperation Demonstration Zone (China-SCOZ), which is based in China’s Qingdao Port in its Eastern Shandong Province, has been testing shipments to other Shanghai Cooperation Organisation (SCO) countries. By the end of 2024, the number of shipments of trucks utilizing the TIR system reached 283, according to Qingdao Customs. The […]

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