EAEU-SCO Trade Turnover Reaches $368 Bln in 2025
Fourfold increase over decade as SCO countries now account for 50% of EAEU foreign trade
En resumen
- Trade turnover between Eurasian Economic Union and Shanghai Cooperation Organization countries reached $368 billion in 2025, a fourfold increase over the past decade.
- SCO member states now represent approximately 50% of EAEU's foreign trade turnover.
- A new joint action plan based on a 2021 memorandum is being prepared to deepen cooperation.
Resumen generado por IA
Por qué importa
The EAEU and SCO are two major Eurasian integration frameworks. The EAEU includes Russia, Belarus, Kazakhstan, Armenia, and Kyrgyzstan. The SCO includes China, India, Russia, Pakistan, and Central Asian states. Trade between the blocs has grown significantly over the past decade.
MOSCOW, April 22. /TASS/. Trade turnover between the member states of the Eurasian Economic Union (EAEU) and the countries of the Shanghai Cooperation Organization (SCO) amounted to $368 bln in 2025, Chairman of the Eurasian Economic Commission Board (EEC) Bakytzhan Sagintayev said. "The figures indicate a high level of our cooperation. Over the past ten years, trade turnover between the EAEU states and SCO countries has increased fourfold. In 2025, this figure amounted to $368 bln. The share of the Shanghai Cooperation Organization member states in foreign trade turnover has reached about 50%," the official EEC website quoted Sagintayev as saying. It was also noted that the parties are currently preparing a draft new joint action plan within the framework of implementing the memorandum of understanding signed in 2021 between the EEC and the SCO Secretariat. The document defines the objectives of systematic cooperation in areas of mutual interest. "Signing the joint activities plan will mark a transition to a qualitatively new level of partnership. We will be able to move from a framework form of interaction to the practical implementation of specific initiatives," the head of the EEC Board said. The parties also agreed that further strengthening cooperation between the EAEU and the SCO will become an important factor in strengthening mutual trust and economic growth of the member states of both organizations, the statement noted.
Qué observar
Perspectiva de IA — posibilidades, no hechos
Signing of new EAEU-SCO joint action plan expected soon
Probable · En meses
Preguntas abiertas
- What specific sectors will the new joint action plan target?
- What is the timeline for signing the new action plan?
