EAEU mutual trade expected to rise 6.3% in 2026 to $101.1 blnMember states of the Eurasian Economic Union (EAEU) expect mutual trade to maintain positive momentum in 2026, with turnover projected to increase by 6.3% to $101.1 billion from $95.1 billion, the press service of the Eurasian Economic Commission (EEC) said.The Eurasian Intergovernmental Council reviewed a report on the macroeconomic situation in member states and recommendations for sustainable economic development at a meeting in Shymkent on Friday.“The value of mutual trade in the EAEU reached $95.1 billion in 2025, with growth of 5.9% in the fourth quarter, providing a basis for continued positive dynamics in 2026. Mutual trade is expected to increase by 6.3% to $101.1 billion. Efforts are underway to remove barriers to access to the internal market, harmonize non-tariff regulation and administrative procedures, and further develop the EAEU’s integrated information system. Unified rules for cross-border e-commerce are also being established,” the EEC said.The union’s aggregate GDP grew by 1.7% in 2025, driven primarily by the services sector, construction and strong domestic consumption amid record-low unemployment.“The aggregate GDP growth of EAEU member states in 2026-2027 is projected at around 2.5% per year on average. To ensure long-term sustainability, the Eurasian Economic Commission is working to expand production capacity, support labor mobility and strengthen internal financial and trade ties within the union,” the commission said. (ICE ALMATY)

Fonte notizia: INTERFAX