BISHKEK, Kyrgyzstan, August 15. Following an expanded meeting of the Eurasian Intergovernmental Council in Cholpon-Ata, the heads of government of the Eurasian Economic Union (EAEU) member states signed a package of documents aimed at deepening integration across key sectors, Trend reports.
The signed documents include:
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Order repealing the Decision of the EAEU Board of January 14, 2025, No. 6 on approving the rules for forming the compendium of preliminary decisions adopted by customs authorities of the member states on goods classification;
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Decision approving the Program for the development of exchange trading in the common organized goods market within the EAEU;
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Order approving the EAEU Commission’s 2024 annual report on competition in cross-border markets and measures taken to curb violations of common competition rules;
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Order amending the 2024–2026 roadmap for implementing the coordinated transport policy of EAEU member states;
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Order on the crediting and distribution of import customs duties among member states’ budgets in 2024;
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Orders approving the Concepts for the development of the common market for medicinal products and for medical devices within the EAEU;
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Orders on submitting candidates for membership in the Council and the Board of the EAEU Commission to the Supreme Eurasian Economic Council;
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Order on the time and venue of the next meeting of the Eurasian Intergovernmental Council.
Over the decade since its establishment, the EAEU’s GDP has grown by 18 percent, surpassing $2.5 trillion. Industrial output has risen by nearly 30 percent, agricultural production by 25 percent, and mutual trade within the bloc has more than doubled. The Kyrgyz Republic’s GDP in real terms has increased 1.5 times, while per capita GDP has doubled. Trade with EAEU members has doubled, industrial output has grown by 55 percent, and agricultural production by 23 percent.
The Eurasian Economic Union (EAEU or EEU) is an economic alliance including five post-Soviet nations situated in Eurasia. The EAEU possesses a unified integrated market. As of 2023, it comprises 183 million individuals and a gross domestic product of over $2.4 trillion. The EAEU promotes the unrestricted flow of goods and services and establishes unified policies in macroeconomics, transportation, industry, agriculture, energy, international trade and investment, customs, technical regulation, competition, and antitrust legislation.
