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.
Industrial output in the Eurasian Economic Union (EAEU) countries rose 4.7% year-on-year in January, with all EAEU countries demonstrating growth, the EAEU press service has said, stating “The EAEU had an industrial production volume of 104.7% in January 2024, on par with January 2023.” Armenia had industrial output growth of 21%, Belarus of 5.4%, Kazakhstan […]
The Eurasian Economic Union (EAEU) and Mongolia intend to complete the preparation of a temporary agreement on setting up a free trade zone by the end of 2024, the Eurasian Economic Commission (EEC) said following consultations with Mongolian representatives earlier this week. The EAEU includes Russia in addition to Armenia, Belarus, Kazakhstan, and Kyrgyzstan. It […]
The Kazakh Minister of National Economy Bauyrzhan Kudaibergenov, has said that over 40 foreign investor, with assets worth more than US$1.5 billion have completed the process of relocation from Russia to Kazakhstan. “Today, the government is working on the relocation of foreign companies, including large enterprises. We have about 400 companies from more than 30 […]
Developing Agricultural Express Routes Via EAEU, Iran, Middle East, India & China The Eurasian Economic Commission, the governing body for the Eurasian Economic Union (EAEU) held meetings with Iran in mid-March side to discuss the development of the Eurasian Agroexpress project. This is aimed at developing exports of agricultural products from Eurasian Economic Union member […]
The share of national currencies in the Eurasian Economic Union (EAEU) trade currently amounts to 90%, according to Russian Prime Minister Mikhail Mishustin, speaking at the end of February this year. According to him, the percentage of use of domestic currencies is still growing. The EAEU, which is based on the Customs Union of Russia, […]
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