Eurasian Economic Union

Russia and Iran: The Trade and Investment Dynamics Amid A Potential Regional War

BRICS, Eurasian Economic Union, Trade

In many ways Russia and Iran find themselves in a similar geo-strategic position. Both are heavily sanctioned by the West and pursue a set of policies which aim at bolstering their respective influence on their regional, if not global stage. They also work to diminish the collective West’s ability to shape the world order and […]

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Eurasian Economic Union Industrial Production Up 6.6%

Economy, Eurasian Economic Union, Trade

Despite Western sanctions on Russia and the threat of sanctions being levied upon several Central Asian countries, industrial production in the Eurasian Economic Union (EAEU) increased by 6.6% in January-February of this year, the press service of the Eurasian Economic Commission (EEC) reported on Tuesday. The ECC is the management board of the EAEU. Industrial

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Complimentary Russia’s Pivot To Asia 2024 Business Guide

BRICS, China, Economy, Eurasian Economic Union, Finance, Foreign Investment, Trade

Russia’s Pivot to Asia have published our first annual Russia’s Pivot to Asia Guide, in Russian. It is a 300-page full colour PDF with maps and graphics that details Russia’s 2024 trade and development with 80 countries, in addition to evaluating new supply chain routes such as the INSTC and the NSR, and Russia’s developments

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Eurasian Economic Union Wants More Cooperation With Shanghai Cooperation Organisation

China, Eurasian Economic Union, Trade

The Eurasian Economic Union (EAEU) considers broader cooperation with the Shanghai Cooperation Organization (SCO) as a crucial avenue of its activities, Eurasian Economic Commission Board Chairman Bakytzhan Sagintayev has said, speaking at a CIS international economic forum in Moscow. “Broader cooperation with the SCO is a key avenue for us. The EAEU and the SCO

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Russian Tourist Visits To Egypt Hit Record High In 2023

Economy, Eurasian Economic Union, Logistics & Transport, Trade

With the European Union fully suspending the visa-facilitation agreement between the European Union and Russia as part of sanctions in 2022, and European airlines no longer providing direct flights, alternative destinations for Russian nationals replacing European destinations are now in vogue. That trend can be seen in the tourist traffic from Russia to Egypt, which

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Russia, EAEU Discuss Priority Trade Developments

Economy, Eurasian Economic Union, Trade

Bakytzhan Sagintayev, the Chairman of the Board of the Eurasian Economic Commission (EEC) and President of Russia Vladimir Putin met during negotiations on March 19 in Moscow. The EEC is the regulatory body for the Eurasian Economic Union (EAEU) which includes Russia along with Armenia, Belarus, Kazakhstan, and Kyrgyzstan. It fits the geographic space between

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EAEU Industrial Output Up 4.7% In January 2024

Economy, Eurasian Economic Union, Trade

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

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EAEU, Mongolia Complete Preparations For Temporary Free Trade Agreement

Economy, Eurasian Economic Union, Trade

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

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