Eurasian Economic Union to give a powerful impetus to economic interaction of participating countries

"Signing of the treaty establishing the Eurasian Economic Union is expected to give a powerful impetus to the cooperation between our countries, strengthening of trade and economic cooperation, creation of new industries," Mukhanov said.
According to him, the signing of the agreement is aimed at strengthening the economic potential of the participating countries, providing new opportunities through market expansion.
He noted that, in general, there will be several common markets: common economic market, common market of agricultural products, common labor market, the primeminister.kz reports.
"Thus, the agreement creates conditions for the formation of a new macro-region with the new operating conditions, approaches to the development of these areas," the head of the institute said.
"It's too early to talk about the effect, but the indicators that we have analyzed for 3-4 years show the increase in trade turnover, cooperation strengthening," Mukhanov added.