ArmInfo.After the coronavirus pandemic, economic growth in the countries of the Eurasian Economic Union is recovering. This was stated by the Chairman of the EEC Board Mikhail Myasnikovich during a briefing following a meeting with the business community of Belarus.
In particular, he said that the volume of mutual trade for 4 months of 2021 on an annualized basis increased 1.3-fold, amounting to $ 21 billion. At the same time, he pointed to high growth rates in the industrial sector. For the correctness of the information, Myasnikovich said that without the cost of energy resources, the growth of mutual trade between the EAEU countries amounted to 21.7%. "This is somewhat even better than the indicators of trade with the countries of the Far Arc (countries of Asia and Oceania, Africa and the Middle East, Latin America) and mutual trade within the EU," he stressed. Note that, according to the RA Statistical Committee, Armenia's foreign trade turnover with the EAEU countries in January-April 2021 compared to the same period in 2020 increased by 1.6% (against 2.4% growth a year earlier), amounting to $ 678.2 million.
The upward trend of Armenia's foreign trade turnover with the EAEU countries was caused by Russia, Kazakhstan and Kyrgyzstan, and in the direction of Belarus, foreign trade sank. In particular, the foreign trade turnover of Armenia with Russia accelerated the annual growth from 2% to 2.4%, with Kazakhstan - from 3.5% to 71.1%, with Kyrgyzstan came out of the 22.1% decline by 93.1% growth, and with Belarus, on the contrary, reversed the dynamics from 14.9% growth to 31.9% decline.
