3 марта 2022
The annual effect of eliminating the remaining internal barriers on the Eurasian market could be about $21 billion, which is just over 1 % of total GDP. This was stated at a briefing by the official representative of the Eurasian Economic Commission, Iya Malkina. As for the current obstacles, about 30% have been removed by 2021.
Iya Malkina, official representative of the EEC:
The EEC considered assessments of the level of integration in terms of achieving the goals and objectives set at the creation of the union. According to the authors of the study, deeper integration leads to favorable economic effects. In 2016-2021, the real aggregate GDP growth of the union countries was 9.1%, with 0.66% gain from integration.
In 2021, GDP growth of the EAEU states was 4.5%
Last year, the GDP growth of the EAEU countries was 4.5%. According to the forecasts of the EEC experts, this year's economic growth may slow down and will be no more than 3.1%