ASTANA (Sputnik) — The decline in mutual trade turnover between the Eurasian Economic Union's (EEU) member states is a source of concern for EEU countries, Russian First Deputy Prime Minister Igor Shuvalov said Tuesday.
"In value terms, the trade turnover is falling; in volume terms, the commodity exchanges are growing in many ways but as mutual trade is calculated in US dollars, we can see some decline. This worries all the EEU heads of state. Governments and the [Eurasian Economic] Commission were instructed to examine the issue, and to analyze and propose measures that will strengthen the mutual trade within the EEU," Shuvalov said.
The Eurasian Economic Union is an international organization for economic integration launched in 2015, which has Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia as its member states.
