EAEU
The Eurasian Economic Union (EAEU) is an international economic integration grouping consisting of Russia, Belarus, Kazakhstan, Armenia, and Kyrgyzstan. It was established by the Treaty on the Eurasian Economic Union signed in 2014 and came into force on January 1, 2015. The union aims to create a unified market by removing barriers to the movement of goods, services, capital, and labor, and by coordinating economic policy and external trade relations. It operates a common external tariff and seeks harmonization of national regulations to facilitate cross-border commerce within the bloc.
The EAEU evolved from the Eurasian Economic Community and the Customs Union, and is part of a
Key institutions include the Supreme Eurasian Economic Council (heads of state), the Eurasian Intergovernmental Council (heads
Policy scope centers on the single market for goods, services, capital, and labor; a common external tariff;
The EAEU has reduced internal trade barriers among members and aimed to enhance regional development, but its