Mon, 19 January
-1.9 C
Yerevan
USD: 379.99 RUB: 4.88 EUR: 441.32 GEL: 141.01 GBP: 509.41

Mutual trade among EEU member countries gores to $62 billion

YEREVAN, December 11. /ARKA/. The mutual trade of the countries comprising the Eurasian Economic Union (EEU) has grown by 35% over the last 5 years to  $62 billion, up from $46 billion in 2015,  the honorary chairman of the Supreme Eurasian Economic Council, the first president of Kazakhstan, Nursultan Nazarbayev, said today.

Nazarbayev said  that the goal of integration, in spite of everything, is moving forward and is being achieved. So, as a result, the total GDP of the EEU countries grew by 21% to $2 trillion.

“However, the potential for further economic growth is still very large. It should be noted that these 5 years were very difficult years. And if we overcome all this and embark on the path of development, the indicators will be even better,” he said.

The EEU includes Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia. Observer status has been granted to Moldova, as well as Uzbekistan and Cuba. –0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro and U.S. dollar decline against Armenian dram

The average market exchange rate for the US dollar to the Armenian dram on the Armenian foreign exchange market as of January 9, 2026, fell by 0.18 points compared to January 8, to 381.21 drams.

Ministry of Finance has identified cases in which the 2% cashback will not be awarded for payments made with ArCa cards

The Armenian Ministry of Finance has clarified which non-cash transactions made with ArCa payment system cards will not be eligible for cashback.

Market capitalization increased by 6.29% in December to approximately 467 billion drams – Armenia Stock Exchange

 Armenia Stock Exchange (AMX) has summarized the trading activity for December 2025. During the month, a dynamic trading environment has been maintained, highlighting growing investor confidence and market activity.

LATEST NEWS

spot_imgspot_imgspot_img