The Eurasian Economic Union (EEU) currently comprises 5 member states, which are party to the founding treaties of the EEU and thereby subject to the privileges and obligations of membership. The constituent states of the EEU are placed under binding laws and have equal representation within the EEU's executive and judicial bodies. They do however retain considerable autonomy, and must be unanimous for the EEU to adopt policies or new member states. Consensus is a founding principle of the EEU.

In 2000 six states created the EEU's predecessor, the Eurasian Economic Community. In 2010 three core states (Russia, Belarus and Kazakhstan) pursued integration and founded the Eurasian Customs Union and the Single Economic Space. The three states are the founding members of the Eurasian Economic Union. The remaining states have acceded in subsequent enlargements. On 9 October 2014 Armenia signed the treaty and became the newest member state of the EEU on accession on 2 January 2015. Kyrgyzstan signed an accession treaty on 23 December 2014, which came into force on 6 August 2015.

Iran joined into a free trade agreement with the EEU in October 2018, following months of negotiations with Russia. The deal included 862 commodity items.

In order to accede, a state must fulfill the economic and political requirements. Enlargement of the Union is also subject to the consent of all existing members and the candidate's adoption of the existing body of EEU law and implementing previous decisions made by the Eurasian Commission, which become part of the EEU's regulatory framework.

List

Members (2 Jan 2015) (1 Jan 2015) (1 Jan 2015) (12 Aug 2015) (1 Jan 2015)

Observer members On 11 December 2020, Cuba became an observer member. Cuba becomes the first country outside Eurasia and the first country from the Americas to be granted observer status. On April 14, 2017, Moldova became the first observer member. On 11 December 2020, Uzbekistan became an observer member. On 26 December 2024, Iran became an observer member.

Potential candidates for membership

(until 2024) Druzhinin, Aleksei (10 October 2014). "Armenia Joins Eurasian Economic Union". http://en.ria.ru/ (RIA Novosti). Retrieved 10 October 2014. Leaders of the Eurasian Economic Union signed an agreement on Friday on Armenia's accession to the Eurasian Economic Union Treaty.

Free Trade Zone agreements

Free Trade Zone agreements currently under negotiation

Trade Agreements which expediency is under study

Statistics Population At the moment, there are 183,438,872 people residing in the EAEU countries. = increase. = steady. = decrease. CountryPopulation World positionJune 1, 2017July 14, 20192,981,5002,962,100135 ()9,498,6009,465,30093 ()18,014,20018,512,46462 (3)6,140,2006,389,500110 ()146,804,372146,793,7449 ()Summary183,438,872184,123,1088 ()

HDI CountryHDI by year 2015201720180,804 (0,001)490,816 (0,012)490,824 (0,008)490,796 (0,002)520,808 (0,012)530,817 (0,009)500,794 (0,001)560,800 (0,006)580,817 (0,017)500,743 (0,002)840,755 (0,012)830,760 (0,005)810,662 (0,002)1200,672 (0,010)1220,674 (0,002)122Medium0,760 (0,001)0,770 (0,010)0,778 (0,008)

Representation Each state has representation in the institutions of the Eurasian Economic Union. Full membership gives the government of a member state one seat in the Supreme Council of the Eurasian Economic Union and the Eurasian Intergovernmental Council. All major decisions are taken by consensus, although decisions taken by the Eurasian Commission require a qualified majority vote. Votes in the commission are weighted so that every country has 3 votes. The Presidency of the Supreme Council of the Eurasian Economic Union rotates between each of the member states, allowing each state one year to help direct the agenda of the EEU.

The national governments appoint 3 members each to the Eurasian Commission (in accord with all the heads of state of the EEU), 2 members each to the Eurasian Court (in accord with other members) and the Eurasian Development Bank. Representation is therefore designed to prevent larger states from carrying more weight in negotiations.

Ratification status of treaties

Treaty on the Eurasian Economic Union Signatory Date Institution AB Deposited Reference Belarus9 Oct 2014Council of the Republic 64 0 0 1 Jan 20159 Oct 2014House of Representatives Approved9 Oct 2014Presidential Assent Granted Kazakhstan9 Oct 2014Senate ApprovedСенаторы ратифицировали Договор о Евразийском Экономическом Союзе1 Oct 2014Majilis 101 0 314 Oct 2014Presidential Assent Granted Russia 1 Oct 2014Federation Council 140 0 0 26 Sep 2014State Duma 441 0 1 3 Oct 2014Presidential Assent Granted

Treaty on the accession of the Republic of Armenia to the Treaty on the Eurasian Economic Union

Signatory Date Institution AB Deposited Reference Armenia 4 Dec 2014National Assembly 103 7 1 2 Jan 2015 30 Dec 2014Presidential Assent Granted Belarus 19 Dec 2014Council of the Republic ApprovedШестая сессия Совета Республики завершила работу 19 Dec 2014House of Representatives Approved 29 Dec 2014Presidential Assent Granted Kazakhstan 19 Dec 2014Senate ApprovedСенат ратифицировал Договор о присоединении Армении к Договору о ЕАЭС и принял поправки в законодательство по вопросам кардинального улучшения условий для предпринимательства 18 Dec 2014Majilis Approved 24 Dec 2014Presidential Assent Granted Russia 17 Dec 2014Federation Council 149 0 0 10 Dec 2014State Duma 441 1 0 22 Dec 2014Presidential Assent Granted

Treaty on the accession of the Kyrgyz Republic to the Treaty on the Eurasian Economic Union

Signatory Date Institution AB Deposited Reference Armenia 16 Jun 2015National Assembly 91 4 0 12 Aug 2015 18 Jun 2015Presidential Assent Granted Belarus 26 Jun 2015Council of the Republic Approved 30 Jun 2015House of Representatives Approved 24 Jul 2015Presidential Assent GrantedPrezident Belarusi 24kg.org Kazakhstan 1 Jul 2015Majilis Approved 9 Jul 2015Senate Approved 5 Aug 2015Presidential Assent Granted Kyrgyzstan 20 May 2015Supreme Council 96 2 0 21 May 2015Presidential Assent Granted Russia 01 Jul 2015State Duma 437 0 2 08 Jul 2015Federation Council Approved 13 Jul 2015Presidential Assent Granted

See also

Commonwealth of Independent States Eurasian Economic Union Eurasianism Post-Soviet states Shanghai Cooperation Organization

References