Mutual investments in Eurasian Economic Union on the rise
22.08.2017 15:13
YEREVAN, August 22. /ARKA/. Recent data indicate that, despite the economic contraction observed in the Eurasian Economic Union (EEU) member countries in 2016, their mutual investments have already started growing. After three years of decline (2013–15), mutual FDI of the EEU member countries grew by 15.9%, reaching US $26.8 billion, according to Monitoring of Mutual Investments in CIS Countries 2017, a report prepared by the Eurasian Development Bank Centre for Integration Studies.
Predictably, the largest capital exporters within the EAEU are Russian companies, which account for over 78% of FDI exports. Kazakhstan ranks the second (13.5%), Belarus comes the third (7.8%), while Armenia and Kyrgyzstan are significantly falling behind the largest EAEU economies.
There is a new development observed in the region — Russia does not only invest in other EAEU economies, but has also started receiving an increasing amount of investment from neighbouring countries, with the FDI stock from other EAEU countries reaching US $5 billion. However, Belarus and Kazakhstan remain the major FDI recipients, with their FDI stock standing at US $8.6 billion and US $8.2 billion respectively as at end-2016.
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EEU may introduce single currency after 2015, Russian minister says
02.08.2017 17:30
A single currency for the Eurasian Economic Union (EEU), which comprises Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan, may be introduced after 2025
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Javadyan: no talk about single currency for EEU until 2015
06.07.2017 18:56
The introduction of a single currency for member countries of the Eurasian Economic Union may appear on the agenda no earlier than 2015, the chairman of the Central Bank of Armenia Arthur Javadyan said today
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EEU member states' exchanges can be synchronized faster than in EU
16.03.2016 14:42
The Eurasian Economic Union (EEU) member states should take into account all the errors as well as the pros and cons of the synchronization of exchanges in the European Union
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Former MP says EEU members should switch to single currency
09.02.2016 19:05
Members of the Russia-led Eurasian Economic Union (EEU) must create a single currency, former Armenian prime minister Hrant Bagratyan, now an MP from the opposition Armenian National Congress (ANC), said today
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Armenia’s accumulated foreign direct investment abroad were estimated at $106 million in late 2014
16.12.2015 13:00
Armenia’s accumulated foreign direct investments (FDI) were estimated at $106 million at the end of 2014, according to the findings of the report called ‘Eurasian Economic Union (EEU) and Eurasia
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EEU FDI stock in countries of Eurasia outside CIS grew by 116% over six years and accounted for $71 billion
15.12.2015 16:18
The amount of outgoing direct investments by companies from the Eurasian Economic Union (EEU) countries grew progressively until 2013 inclusively, but now it is in stagnation
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Central Bank puts into circulation two commemorative coins
16.11.2015 19:52
Armenia’s Central Bank has put into circulation today a commemorative coin dedicated to the Eurasian Economic Union (EEU), the press service of the regulator said
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President Sargsyan receives heads of EEU member states’ central banks
24.09.2015 18:38
Today, at Dilijan Research and Training Center, President Serzh Sargsyan received the Governor of Bank of Russia, Elvira Nabiullina, the Chairman of the National Bank of the Kyrgyz Republic
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Introduction of single currency for eeu would make shadow economic activities much more difficult, economist says
09.09.2015 16:01
Introduction of a single currency for member states of the Russia-led Eurasian Economic Union (EEU) would make shadow economic activities much more difficult, according to an Armenian economist Vardan Bostanjyan
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