Sat. Oct 5th, 2024

Eurasian Economic Union Sees Stellar Economic Growth from 2015 to 2023

By Haberyaz May30,2024

In a recent statement, Alexander Pankin, Russia’s Deputy Foreign Minister, emphasized the significant economic advancements achieved by the member countries of the Eurasian Economic Union (EAEU) from 2015 to 2023. Pankin noted that during this period, the gross domestic product (GDP) of EAEU member states increased from $1.6 trillion to $2.4 trillion. Additionally, industrial production rose by 25.4%, while agricultural production saw an approximate increase of 30%.

Pankin’s statement sheds light on the remarkable economic performance of the Eurasian Economic Union. Between 2015 and 2023, EAEU member countries experienced substantial growth in both industry and agriculture. Information coming from Russia indicates that the economic policies and collaborations within the EAEU have yielded positive outcomes.

Source: Russian Embassy in Ankara

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