Despite world trade in crisis, the GDP of the Eurasian Economic Union (which includes Russia, Belarus, Armenia, Kazakhstan, Kyrgyzstan) decreased by only 1.6%. This was expressed by Russian President Vladimir Putin at the Eurasian Economic Forum. transmits RIA News.
According to him, foreign experts predicted that the EAEU economy would collapse, but this did not happen.
“…The numbers speak for themselves. Despite the large-scale crisis in the global economy and trade, significant geopolitical risks and uncertainty factor, the total GDP of the Eurasian Union for 2022 decreased but by 1.6%, and so to speak, some experts there, as our people, it’s a completely different scenario from top to bottom, such They predicted a landslide scenario,” he said.
It is clear to him that such a thing will not happen.
Deputy Prime Minister of the Russian Federation Alexei Overchuk May 24 reportedStating that the trade between the Eurasian Economic Union countries reached 83.3 billion dollars in 2023, the Minister noted that the integration between the countries bears fruit and that the conditions created within the union will create a better business environment among the participating countries. .