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Russian Foreign Ministry: EAEU has become an important factor in international relations for 10 years

09 Jan, 2025

MOSCOW, December 28. . Over the years of its existence, the Eurasian Economic Union (EAEU) has become an important factor in economic and international relations and has achieved significant results in many fields. This was stated in the message of the Russian Foreign Ministry on the occasion of the 10th anniversary of the start of the international organization's operations.

“After more than 10 years of operation, the alliance has become an important factor in international economic relations. This is evidenced by the EAEU's network of international relations, which includes free trade agreements with Vietnam, Iran and Serbia, two non-preferential agreements with China and more than 80 cooperative memoranda of understanding. cooperate through the union's supranational body – the Eurasian Economic Commission – with integrated countries and associations around the world,” the message stated.

Over the years of its existence, the EAEU and its members – Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan – have achieved significant results. “The domestic market is functioning and improving, the geography of international contacts is expanding, bilateral trade of the five countries is showing steady growth,” the ministry said. tariffs, non-tariffs and technical regulations, industrial cooperation, transport and logistics, energy and agriculture.”

The Russian Foreign Ministry noted that the EAEU is working to reach trade liberalization agreements with Egypt, Indonesia and the United Arab Emirates. “Positive interaction with the observer countries – Cuba and Uzbekistan – also plays an important role,” the ministry concluded.

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