Eurasian Economic Union
Eurasian Economic Union (in other state languages)
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Flag
Coat of arms
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| Administrative centers | |||||||||||
| Largest city | Moscow 55°45′N 37°37′E / 55.750°N 37.617°E | ||||||||||
| Working language | Russian | ||||||||||
| Type | Economic union | ||||||||||
| Member states | |||||||||||
| Leaders | |||||||||||
• Chairman of the Supreme Eurasian Economic Council (2025) | Alexander Lukashenko | ||||||||||
• Chairman of the Board of the Eurasian Economic Commission | Bakhytjan Sagintayev | ||||||||||
| Establishment | |||||||||||
• Original proposala | 1994 | ||||||||||
• Economic Community | 10 October 2000 | ||||||||||
• Eurasian Customs Union | 1 January 2010 | ||||||||||
• Establishment agreed | 18 November 2011 | ||||||||||
• Eurasian Economic Space | 1 January 2012 | ||||||||||
• EAEU Treaty signed | 29 May 2014 | ||||||||||
• EAEU established | 1 January 2015 | ||||||||||
| Area | |||||||||||
• Total | 20,229,248[2] km2 (7,810,556 sq mi) | ||||||||||
| Population | |||||||||||
• 2025 estimate | 190,336,992 [3] | ||||||||||
• Density | 9.16/km2 (23.7/sq mi) | ||||||||||
| GDP (PPP) | 2025 estimate | ||||||||||
• Total | US$8.544 trillion[3] | ||||||||||
• Per capita | $44,888 | ||||||||||
| GDP (nominal) | 2024 estimate | ||||||||||
• Total | US$2.623 trillion[3] | ||||||||||
• Per capita | $13,980 | ||||||||||
| Currency | |||||||||||
| Time zone | UTC+2 to +12 | ||||||||||
| Calling code | |||||||||||
| Internet TLD | 5 TLDs | ||||||||||
Website EAEUnion.org | |||||||||||
The Eurasian Economic Union (EAEU or EEU)[note 1] is an economic union of five post-Soviet states located in Eurasia. The EAEU has an integrated single market. As of 2023, it consists of 183 million people and a gross domestic product of over $2.4 trillion.[3]
The Treaty on the Eurasian Economic Union was signed on 29 May 2014 by the leaders of Belarus, Kazakhstan, and Russia, and came into force on 1 January 2015.[4] Treaties aiming for Armenia's and Kyrgyzstan's accession to the Eurasian Economic Union were signed on 9 October and 23 December 2014, respectively. Armenia's accession treaty came into force on 2 January 2015. Kyrgyzstan's accession treaty came into effect on 6 August 2015.[5] Kyrgyzstan participated in the EAEU from the day of its establishment as an acceding state.[6][7]
The EAEU encourages the free movement of goods and services, and provides for common policies in the macroeconomic sphere, transport, industry and agriculture, energy, foreign trade and investment, customs, technical regulation, competition, and antitrust regulation. Provisions for a single currency and greater integration are envisioned for the future.[8][9] The union operates through supranational and intergovernmental institutions.[10] The Supreme Eurasian Economic Council is the supreme body of the Union, consisting of the Heads of the Member States. The second level of intergovernmental institutions is represented by the Eurasian Intergovernmental Council (consisting of the Heads of the governments of member states). The day-to-day work of the EAEU is done through the Eurasian Economic Commission, the executive body of the Union. There is also a judicial body – the Court of the Eurasian Economic Union.[11]
- ^ Taylor & Francis (2020). "Republic of Crimea". The Territories of the Russian Federation 2020. Routledge. ISBN 978-1-003-00706-7.
Note: The territories of the Crimean peninsula, comprising Sevastopol City and the Republic of Crimea, remained internationally recognised as constituting part of Ukraine, following their annexation by Russia in March 2014.
- ^ a b "Countries by Area". Nations Online Project. Retrieved 26 August 2014.
- ^ a b c d "Report for Selected Countries and Subjects: April 2025". International Monetary Fund. Retrieved 14 March 2025.
- ^ "Страницы - DisplayDocument.aspx". Archived from the original on 17 April 2016. Retrieved 9 April 2016.
- ^ "Member States of the EEU". Eurasian Commission. Retrieved 5 August 2015.
- ^ Farchy, Jack (23 December 2014). "Eurasian unity under strain even as bloc expands". The Financial Times. Retrieved 26 December 2014.
Kyrgyzstan on Tuesday a signed the Treaty to join the Eurasian Economic Union, expanding the membership of Moscow-led project to five even as its unity is strained by the market turmoil gripping Russia.
- ^ "Eurasian Economic Union to Launch on 1 January". The Trumpet. 24 December 2014. Retrieved 26 December 2014.
Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan agreed to a January 1 inauguration.
- ^ Cite error: The named reference
WaPostwas invoked but never defined (see the help page). - ^ Cite error: The named reference
currencywas invoked but never defined (see the help page). - ^ "What is the Eurasian Economic Union?". Chatham House – International Affairs Think Tank. 15 July 2022. Retrieved 5 February 2023.
- ^ Article 8 and 10, Treaty on the Eurasian Economic Union
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