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.
The number of trucks being utilized under the TIR system (International Road Transport) from the China-SCO Regional Trade and Economic Cooperation Demonstration Zone in Qingdao, to SCO countries has increased by 134.3% in 7M 2025 compared to last year, according to the zone. The value of goods transported by these vehicles also increased, amounted to […]
Russia, Belarus, and Kazakhstan have completed the transition to digital transport documents, according to Bakytzhan Sagintayev, the Chairman of the Eurasian Economic Commission (EEC) has said. According to 2024 data, the volume of cargo transportation using electronic documents between Russia and Belarus reached 90%, and between Russia and Kazakhstan, 79%. Test shipments are also being […]
The alignment of China’s Belt and Road Initiative (BRI) and the Eurasian Economic Union (EAEU) is boosting connectivity across Eurasia and creating new opportunities for regional development, according to Kyrgyz economist Iskender Sharsheev. His comments came as the Eurasian Intergovernmental Council, an EAEU body, met in Kyrgyzstan’s Issyk-Kul region last Thursday and Friday (August 14/15). […]
The heads of government of Eurasian Economic Union (EAEU) countries have approved a program for developing trading on a Common Commodity Exchange, according to the Eurasian Economic Commission (EEC). The EAEU includes Russia along with Armenia, Belarus, Kazakhstan, and Kyrgyzstan. It has numerous free trade agreements with other countries, including Iran and Vietnam. The EEC […]
Russia is carrying out survey work for the construction of the Rasht-Astara railway on land plots already purchased by the Iranian government, Deputy Prime Minister Alexei Overchuk has stated. The purchase of the remaining land was the subject of negotiations during the meeting between Russian Prime Minister Mikhail Mishustin and Iranian First Vice President Mohammad […]
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The Eurasian Development Bank (EDB) is promoting the fulfilment of a unified transport network in Eurasia, involving Russia, 12 additional countries, and 325 projects valued at US$234 billion. The EDB is jointly owned by Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan and is one of the most significant financial and economic integration projects of […]
Russia’s state-owned Agroexport Federal Center and the FESCO Transportation Group are working together to promote the establishment of direct contacts between Russian agricultural product exporters and Vietnamese partners, as well as the growth of Russian agricultural exports to the Vietnamese market. Following meetings at the Vietfood & Beverage 2025 exhibition in Ho Chi Minh City, […]
Meetings chaired by Vladimir Serpikov, the Eurasian Economic Commission Trade Policy Department Director, have addressed the prospects of trade and economic cooperation between the Eurasian Economic Union (EAEU) and Tunisia, according to the Eurasian Economic Commission (EEC). The EEC stated: “In particular, representatives of designated government agencies, the business community, and the academic community of […]
The opening of the Zangezur Corridor between Armenia and Azerbaijan, dressed up by Washington as the ‘Trump Route for International Peace and Prosperity’ has been announced by President Trump during meetings with Armenian Prime Minister Nikol Pashinyan and Azerbaijani President Ilham Aliyev at the White House. We discuss the background and implications of this. Nagorno-Karabakh […]
The Russian President, Vladimir Putin, has met with President of the UAE, Sheikh Mohammed bin Zayed Al Nahyan in Moscow. Putin stated “I am delighted to see you once again in the capital of Russia. We attach special importance to our relations with the United Arab Emirates. For Russia, the UAE is a friendly nation, […]
Russia’s FESCO Transportation Group has launched a direct rail service, the “Vietnam Shuttle” from Vietnam to Moscow via China and Mongolia in partnership with logistics operator Ratraco (a subsidiary of Vietnam Railways), the company has said. The average transit time along the Vietnam Shuttle route is 35 days. Departures from Vietnam are carried out weekly. […]
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