IntraEAEU

IntraEAEU refers to trade and economic relations within the Eurasian Economic Union (EAEU). The EAEU is an international economic integration organization established by the Treaty on the Eurasian Economic Union, which came into force on January 1, 2015. Its member states are Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia. The primary goal of intraEAEU trade is to ensure the free movement of goods, services, capital, and labor among its member countries.

This integration aims to create a single economic space, fostering economic growth and increasing the competitiveness of member states on the global market. Key aspects of intraEAEU trade include the elimination of customs duties and barriers on goods traded between member states, the harmonization of technical regulations, sanitary and phytosanitary measures, and the establishment of common principles for trade policy towards third countries. The EAEU also works to facilitate cross-border movement of people for work and to create common markets in sectors such as energy and pharmaceuticals.

The development of intraEAEU trade is a continuous process involving policy coordination, legislative alignment, and the implementation of supranational institutions like the Eurasian Economic Commission. While the EAEU has facilitated increased trade volumes among its members, challenges remain in fully realizing the potential of a truly unified economic space, including varying levels of economic development and differing national interests.