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Trade between Eurasian Economic Union and United States in 2018 surged by almost 20% to $28.3 billion

22.03.2019, 17:05
The trade turnover between several former Soviet republics which are united in the Russia-led  Eurasian Economic Union (EEU) and the United States in 2018 hit the  record level in the last four years, having surged by almost 20% to $28.3 billion when compared to 2015, the Eurasian Economic Commission (EEC) said.

Trade between Eurasian Economic Union and United States  in 2018 surged by almost 20% to $28.3 billion
YEREVAN, March 22. /ARKA/. The trade turnover between several former Soviet republics which are united in the Russia-led  Eurasian Economic Union (EEU) and the United States in 2018 hit the  record level in the last four years, having surged by almost 20% to $28.3 billion when compared to 2015, the Eurasian Economic Commission (EEC) said.

Speaking at  the conference titled "We are doing business with the Eurasian Economic Union"  in Washington, Fyodr  Chernitsyn, an assistant to the  Eurasian Economic Commission (EEC) minister for integration and macroeconomics, said sanctions and artificial restrictions with respect to EEU’s key economy, Russia  is a negative factor.

Chernitsyn said also that against the backdrop of the growing protectionist tendencies in the world, the EEU remains committed to the principles of  open economy and fair international competition. According to him, the EEU  is set to cooperate with foreign countries and key regional economic associations.

Representatives of the diplomatic missions of Armenia, Belarus and Russia, as well as business and academic circles of the United States participated in the annual conference. -0-