Visiting Belarus visa-free

Eurasian Economic Union

The Eurasian Economic Union (EAEU) is an international organization of regional economic integration with international legal personality. Freedom of movement of goods, services, capital and labor, as well as coordinated, coherent and common policy in the key sectors of economy are provided within the Union.


The Agreement on the Eurasian Economic Union was signed by the presidents of the Republic of Belarus, the Republic of Kazakhstan and the Russian Federation on May 29, 2014. This Agreement came into force on January 1, 2015.


The Treaty on Customs Code has come into force on January 1, 2018.


The Union membership is open for any state, which shares the goals and principles of  the EAEU, on the terms agreed by Member States. Also, any interested State is provided with the possibility to get an observer status within the Union.


The Treaty on accession of the Republic of Armenia to the Agreement on the EAEU (dated May 29, 2014) was signed on October 10, 2014, during the meeting of the SEAEC (in Minsk). The Treaty has come into force on January 2, 2015.


During the SEAEC meeting in Moscow on December 23, 2014, the Heads of states signed the Treaty on accession of the Kyrgyz Republic to the Agreement on the EAEU. The Treaty has come into force on August 15, 2015.


The status of an observer state in the EAEU was granted to the Republic of Moldova at a meeting of the SEAEC at the level of heads of states on May 14, 2018 in Sochi.


The Agreement on the EAEU defines the competence, the procedure for formation and operation of the bodies of the Union, which are the Supreme Eurasian Economic Council, the Eurasian Intergovernmental Council, the Eurasian Economic Commission (the Union’s permanent regulatory body) and the Court of the EAEU. There are established principles: all important decisions are made by consensus and all the parties are represented equally in the management of permanent structures.


The Agreement on the EAEU provides that the formation of the EAEU common market will be implemented step by step in some of the most sensitive sectors of economy. In particular, the common market of drugs and medicine devices started functioning at the end of the year of 2016, the common market of electricity will be created in 2019, and the common markets of oil, of petroleum products and gas will start their activity not later than 2025.


The Program of forming the EAEU common markets of oil and of petroleum products and the Program of forming the EAEU common market of gas were adopted by the Decisions of the Supreme Eurasian Economic Council on December 6, 2018.


In order to provide all four freedoms (movement of goods, services, capital and labor) the Eurasian Intergovernmental Council at its meeting on October 25, 2017 adopted the Plan of Action (“road map”) on elimination of exceptions and restrictions on the internal market of the Eurasian Economic Union for the years 2018-2019.


The Heads of States have approved the Priority Directions for implementation of the Digital Agenda of the Eurasian Economic Union for the period till the year of 2025.


The Plan of Action (“road map”) on implementation of the Priority Directions and Stages for carrying out coordinated (agreed) transportation policy of the EAEU States for the years 2018-2020 has been adopted.
Within its competence the Union has a right to perform international activities, aimed to solve the problems which the Union faces.


The Agreement on free trade between the member states of the Eurasian Economic Union and the Socialist Republic of Vietnam is in effect since 2016. An Agreement on trade and economic cooperation between the Eurasian Economic Union and its member states, on the one hand, and the People’s Republic of China, on the other, as well as the Interim Agreement to establish a free trade zone between the Eurasian Economic Union member states, on the one hand, and the Islamic Republic of Iran, on the other, have been signed in 2018. The possibilities of conclusion of free trade agreements with Singapore, Israel, India, Egypt, and of unifying the trade regime with Serbia are being negotiated.


In general, more than 50 countries demonstrate interest in cooperation with the EAEU in different formats.
The information on the institutional framework, the objectives, tasks and principles of functioning of the EAEU can be found
here.