What is the Eurasian Economic Union (EAEU)?

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What is the Eurasian Economic Union (EAEU)?

The Eurasian Economic Union (EAEU) is a regional economic integration organization that aims to promote economic cooperation and integration among its member states. It was established in 2015 and currently consists of five member countries: Russia, Belarus, Kazakhstan, Armenia, and Kyrgyzstan. The EAEU facilitates the free movement of goods, services, capital, and labor among its member states, and also implements common policies in various economic sectors such as agriculture, energy, and industry. The union aims to enhance economic competitiveness, increase trade and investment flows, and foster economic stability and development within the region.