For 10 years the EAEU GDP has increased by more than 12% - Gohar Barseghyan

Minister of Industry and Agro-Industrial Complex of the Eurasian Economic Commission Gohar Barseghyan spoke in Moscow at the plenary session “10 Years of the Eurasian Economic Union: Achievements and Priorities” at the Moscow State Institute of International Relations of the Ministry of Foreign Affairs of Russia.

Gohar Barseghyan told the participants of the event about the achievements of the Eurasian Economic Union, with which the countries of the integration association approached the anniversary date.

According to the EEC Minister, the Union's GDP has increased by more than 12% over 10 years and is estimated at $2.4 trillion by the end of last year. Mutual trade is developing, the volume of which has reached $88.7 billion by the end of 2023. The volume of trade turnover between the EAEU countries has doubled over the decade.

The Minister also informed about the development of the industrial sphere in the Union, instruments of its support and stimulation.

“A Union development budget has been formed, which is aimed at creating new regional cooperation chains in industrial production,” Gohar Barseghyan noted.