Credits of the Subject “Eurasian Economic Community”: 1
Sample - Eurasian Economic Community (EurAsEC):
Eurasian Economic Community (EurAsEC).
The Eurasian Economic Community (EurAsEC) is a regional economic bloc created in 2007 with the objective to establish a Customs Union (Belarus, Kazakhstan, the Kyrgyz Republic, Tajikistan, and Uzbekistan) and a Common Economic Space (Belarus, Kazakhstan, Russian Federation). In 2015 was
dissolved (Creation of the Eurasian Economic Union (EAEU)).
The Customs Union between Belarus, Kazakhstan, and the Russian Federation came into effect in 2010.
The observer countries of the Eurasian Economic Community (EurAsEC) are Armenia, Moldova, and Ukraine (Europe)
Area of the Eurasian Economic Community (EurAsEC): 20,300 km²
Population of the Eurasian region: 181 million people (2.7% of the world's population)
The International Trade turnover of the Eurasian Economic Community economies has augmented three times since 2002 (in 2007 exceeded 90 billion dollars)
The Eurasian Economic Community (EurAsEC) region produces 3.5% of the World's GDP
The Eurasian Community has huge resources of minerals and raw
materials
Recently the EurAsEC's member economies haves 9% of prospected petroleum resources worldwide, 25% of petroleum and 23% of coal; their share in the generation of electrical energy amounted to 5.5% globally; steel production was 5.4% and grain production 5.7%