Kazakhstan Chamber of Commerce in the USA

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Kyrgyzstan becomes a full member of the Eurasian Economic Union

Posted on August 15, 2015 by KazCham

Colibri Law Firm

Kyrgyzstan’s agreed accession to the Eurasian Economic Union came into force on 6 August, with the country becoming the fifth full member of the Eurasian Economic Union (EAEU) and joining existing members Armenia, Belarus, Kazakhstan and Russia.

Kyrgyzstan’s accession to the Eurasian Economic Union was signed on 8 May in Moscow at the session of the Supreme Eurasian Economic Council. The protocol regarding the terms and transitional provisions for its accession was also signed.

Kyrgyz Prime Minister Temir Sariyev has said that he expects the republic to gain a number of advantages in terms of economic development, particularly the free movement of capital, goods, labour and resources.

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