EAEU – mutual trade

The share of non-primary goods in mutual trade in the EAEU is growing. It is forecasted that this year the trend will continue. Here some serious drivers for economic growth can be observed. This was stated by the head of the board of the Eurasian Economic Commission Tigran Sargsyan. Today, the Union is aimed at creating common Eurasian brands. EEC has identified 12 areas for joint projects. They will allow to enter the foreign markets together. At the same time, the EAEU concludes agreements on free trade zones with third countries. China and Iran will be the next ones. The agreement with Vietnam has helped to increase Eurasian exports by a third.