Mishustin announced an increase in the GDP of the EAEU countries by more than one percent
Quick Look
- Russian Prime Minister Mikhail Mishustin said that the GDP of the EAEU countries has grown by more than 1% since the beginning of 2026.
- The growth is due to an increase in industrial production and trade.
- Mutual trade turnover between the countries of the union over seven months increased by 10% compared to last year.
AI-generated summary
Why It Matters
The EAEU is an international economic integration organization that includes a number of countries in the post-Soviet space.
Since the beginning of 2026, the total gross domestic product of the states that are members of the Eurasian Economic Union (EAEU) has increased by more than a percent. This was stated by Russian Prime Minister Mikhail Mishustin. He was quoted by RIA Novosti.
According to him, this happened despite external challenges. Such indicators were achieved by increasing the volume of industrial production, retail trade and agricultural production.
The head of government also drew attention to the growth in mutual trade between the EAEU countries. Over the seven months of 2026, it increased by 10 percent compared to the same period in 2025.
Earlier it was reported that Russia had imposed a ban on the export of cash to the countries of the Eurasian Economic Union in an amount exceeding one million rubles. In addition, we are talking about such states as Azerbaijan, Tajikistan and Uzbekistan.
Open Questions
- What external challenges have had the greatest impact on the economy?
