EAEU trade turnover may grow 7.3% in 2026 to $102 bln - Kazakh PM

ASTANA. Aug 7 (Interfax) - The growth of trade turnover in the countries of the Eurasian Economic Union (EAEU) is expected to be 7.3% in 2026, Kazakh Prime Minister Olzhas Bektenov said.

"Mutual trade continues to remain an important factor of economic growth. Last year, the trade turnover within the EAEU amounted to $95 billion, having decreased 3.5%. In the current year, a recovery in growth and an increase in this indicator of 7.3% to $102 billion is forecast," Bektenov said at an expanded meeting of the Eurasian Intergovernmental Council in Cholpon-Ata.

Despite challenges, the economies of the EAEU member states maintain their stability and potential for further growth and development, he said. In this connection, freedom of movement for goods is one of the fundamental principles of Eurasian integration, he said.

At the end of March, citing the Eurasian Economic Commission, it was reported that the EAEU member states expect the positive dynamics of mutual trade to continue in 2026, with an increase in trade turnover of 6.3% to $101.1 billion from $95.1 billion.