Armenia Joins Eurasian Union

Business | September 2, 2014, Tuesday // 10:42|  views

Until now only Belarus, Kazakhstan and Russia (presidents can be seen here from left to right, respectively) were part of the union created to boost trade and economic integration. Photo by EPA/BGNES

Russian President Vladimir Putin has approved the agreement which would incorporate Armenia into the Eurasian Economic Council, according to radio Voice of Russia's website.

Armenia is the fourth country to enter the body also known as Eurasian Union which was established on May 29, 2014 in Kazakhstan's capital Astana.

Russia, Kazakhstan and Belarus than set up the council aiming to promote the free movement of goods, services and capital and to assist in the joint implementation of key economic policies.

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Tags: Armenia, Russia, Belarus, Kazakhstan, Eurasian Union, Eurasian Economic Community


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