Malkina: mutual trade in EAEU rose by 11.9%, investments increased

Timely and effective steps enabled to stabilise the macroeconomic situation in the EAEU – as noted by the official representative of the Eurasian Economic Commission (EEC) Iya Malkina after the EEC Council meeting in Moscow

“The year was not easy. Due to geopolitical challenges, the EEC has been working throughout the year to increase the stability of the EAEU economies. Today we can state that timely and effective steps have enables us to stabilise the macroeconomic situation,” she added.

According to Iya Malkina, the EAEU has a great adaptive potential.

“The existing difficulties of the EAEU largely compensate for the growth of mutual trade and the development of co-operative ties. The growth of mutual trade in the EAEU amounted to 11.9 percent, investments increased. In January-October 2022, EAEU industrial production totalled $1.3 trillion and remained at the last year’s level.