Published
08/13/2025, 17:55Economic integration within the EAEU brings tangible financial results to the countries of the union. The effect of joint investments in fixed capital significantly exceeds the results of the common market for goods and services alone. This was stated by Sergei Glazyev, State Secretary of the Union State of Belarus and Russia, Doctor of Economics, at a conference dedicated to the 10th anniversary of Kyrgyzstan's membership in the Eurasian Economic Union.
«For every 1 rouble spent, we get 1.5 roubles of economic effect. If we take into account indirect effects, they are even higher», — Glazyev said.
He noted that over the past 25 years, more than 65 joint programmes and projects, mainly scientific and technical, have been implemented, which has strengthened the economic position of the union countries and increased the effectiveness of integration processes.
For Russia, the contribution of integration has grown from 0.2% of GDP to almost 1%, and for Belarus to 2.8% of GDP. Experts attribute this not only to trade, but also to joint investments in industry, infrastructure and technological projects.
Glazyev paid particular attention to the mechanism of targeted financing and digital tools that allow investments to be directed more accurately to key industries, increasing their return and reducing costs.
According to analysts, the further development of joint investment platforms and product rate subsidy programmes will be a key driver of integration, creating new jobs and increasing the share of the innovative economy in the EAEU countries.