Eurasian Economic Union

The Eurasian Economic Union is a regional economic union of Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia, with a common market and coordinated economic policies.

Eurasian Economic Commission: The permanent regulatory body of the Eurasian Economic Union, responsible for implementing union rules and coordinating policy. It administers common rules and oversees policy coordination among member states.
Eurasian Customs Union: A customs union formed by Belarus, Kazakhstan, and Russia before the Eurasian Economic Union. It supplied an institutional and tariff framework that the later union expanded.
Nursultan Nazarbayev: Kazakhstan's president from 1991 to 2019, who advocated Eurasian economic integration. His proposals helped put a regional economic union on the political agenda.
European Union: A political and economic union of European states with shared institutions and extensive legal integration. The EU has deeper supranational institutions and a broader political scope than the Eurasian union.
Labor mobility: The movement of workers between places or countries for employment. The union's rules facilitate employment across member states, especially for migrant workers.
Eurasian Economic Union Customs Code: The legal framework governing customs procedures across the Eurasian Economic Union. It provides the shared procedures that support movement of goods across internal borders.
Eurasian Economic Community: An organization established by several post-Soviet states to promote economic integration. It was an earlier integration project that preceded the union's creation.
Vladimir Putin: Russia's president and former prime minister, a central political figure in the union's development. Russian policy and leadership have strongly influenced the union's scale and direction.
Commonwealth of Independent States: A regional organization of post-Soviet states that promotes cooperation among its members. The CIS has a looser framework and wider membership than the Eurasian Economic Union.
Russian ruble: The national currency of Russia and a major currency in the Eurasian region. The ruble's regional influence matters in trade and economic relations, despite no shared union currency.

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