Russia – Russian President Vladimir Putin said that the size of the economy of the Eurasian Union countries has increased over the past ten years from $1.6 trillion to $2.5 trillion.
The Russian President said, in a meeting held in Moscow today that included the leaders of the Eurasian Union (Russia, Armenia, Belarus, Kazakhstan, and Kyrgyzstan), that “the economic indicators speak for themselves, as the gross domestic product of the Union countries rose within 10 years from $1.6 trillion to $2.5 trillion.”
Putin added that unity helps ensure stable economic development of the Eurasia region as a whole and brings real benefits to every country participating in the union
He also pointed out that the volume of trade between the Eurasian Union and other countries of the world increased by 60% from 579 to 923 billion dollars.
The Russian President pointed out that 90% of payments in the Union are made in national currencies, stressing that the Union has proven itself as an integrated, dynamic and self-sufficient entity.
The meeting of the Supreme Economic Council of the Eurasian Union began today in the capital, Moscow, with the participation of the heads of state and government of the union, which includes 5 countries, including Russia.
The meeting coincides with the tenth anniversary of the conclusion of the Basic Treaty of the Eurasian Economic Union. Armenia will chair the union this year, but it was decided to hold the summit in Moscow.
The Eurasian Economic Union includes Russia, Armenia, Belarus, Kazakhstan, and Kyrgyzstan. Cuba, Moldova and Uzbekistan have observer status.
The Union’s agreements guarantee to all its members the freedom of movement of goods, services, capital, and labor, and the adoption of an agreed-upon policy in the sectors of trade, energy, industry, agriculture, and transportation.
Source: Prime
#Putin #size #economy #Eurasian #Union #countries #risen #trillion #dollars
2024-05-09 01:30:46
