The EAEU Treaty was signed on May 29, 2014 by the Presidents of the Republic of Belarus, the Republic of Kazakhstan and the Russian Federation.
The Eurasian Economic Union of the Republic of Kazakhstan, the Republic of Belarus and the Russian Federation became operational on January 1, 2015. The Republic of Armenia joined the EAEU on January 2, 2015, and the Kyrgyz Republic on August 12.
The EAEU is an international regional economic integration organization based on agreements reached by states within the framework of the Customs Union and the Single Economic Space.
The main goals of the EAEU are to create conditions for the stable development of the economies of the Union's member states in the interests of improving the living standards of their populations, striving to form a single market for goods, services, capital and labor resources within the Union, as well as comprehensive modernization, cooperation and increasing the competitiveness of national economies in a global economy.
The bodies of the EAEU are the Supreme Eurasian Economic Council (heads of member States), the Eurasian Intergovernmental Council (heads of Government of the Member States), the Eurasian Economic Commission (Commission), as well as the EAEU Court.
The EAEU Treaty establishes a clear consensus mechanism for making strategically significant decisions at all levels, which excludes any possibility of domination by any state.
During the period of the EAEU's operation, Kazakhstan's mutual trade with the EAEU countries increased by 87.1% (from 16.3 to 30.5 billion US dollars), including exports increased by 115.7 (from 5.1 to 11 billion US dollars), imports – by 74.1% (from 11.2 to 19.5 billion US dollars).
The trade turnover between Kazakhstan and the EAEU countries in 2024 amounted to 30.5 billion US dollars, which is 2.3% higher than in the same period of the previous year (29.8 billion US dollars).
Thus, Kazakhstan's participation in the EAEU fully allows, while maintaining state sovereignty, to ensure closer and more coordinated economic cooperation and cooperation with partner countries.
All adopted acts of the EAEU bodies are available at the link: https://docs.eaeunion.org
Lists and texts of concluded (signed) international treaties and agreements of the Ministry of Education and Science of the Republic of Kazakhstan
The EAEU Treaty and international treaties within the EAEU
1. Protocol on Amendments to the Treaty on the Eurasian Economic Union
dated May 29, 2014 ("Grand III" Protocol)
Date of adoption of the document: 05/25/2023
Effective date: 25.04.2024
2. Protocol on Amendments to the Treaty on the Eurasian Economic Union
dated May 29, 2014 ("Grand II" Protocol)
Date of adoption of the document: 03/31/2022
Effective date: 12.02.2024
3. Protocol on Amendments to the Treaty on the Eurasian Economic Union
dated May 29, 2014 regarding the clarification of the mechanism for the formation of the staff of the Eurasian Economic Commission
Date of adoption of the document: 08/05/2021
Effective date: 25.10.2022
4. Protocol on Amendments to the Treaty on the Eurasian Economic Union
dated May 29, 2014 (the "First Big" Protocol)
Date of document acceptance: 15.03.2018
Effective date: 12.03.2019
5. The Treaty on the Eurasian Economic Union
Date of adoption of the document: 05/29/2014
Effective date: 01.01.2015
Almaty - On November 23, 2021, the 10th meeting of the joint intergovernmental commission on trade, economic, scientific, technical and cultural cooperation between Kazakhstan and Pakistan was held under the co-chairmanship of Vice Minister of Trade and Integration of Kazakhstan Kairat Torebayev and Deputy Minister for Economic Relations of the Islamic Republic of Pakistan Zubair Askhar Qureshi.
The parties discussed the state and prospects of development of cooperation in the field of trade, industry, investment, agriculture, energy, tourism and also considered the possibilities of improving access to the market of goods and services of both countries.
Speaking with a welcoming speech, Torebayev Kairat said that Pakistan is one of the promising directions of Kazakhstan in foreign trade, as well as an important strategic partner in the Asian space, with which a dialogue has been established and maintained both in a bilateral format and within the framework of common integration associations.
"Mutual trade between our countries demonstrates stable growth. Thus, by the end of 2020, the trade turnover between our countries increased by 68.5% compared to 2019 ($27.1 million) and reached $45.6 million. In just 9 months of this year, the volume of bilateral trade between Kazakhstan and Pakistan amounted to 39.4% compared to the same period last year ($34.5 million) and amounted to $48.2 million. At the same time, exports increased by 85.9% and amounted to $26.6 million, while imports increased by 6.6% and amounted to $21.6 million," Kairat Torebayev said.
At the same time, the Kazakh side notes that in order to increase mutual trade, there is a need to diversify and expand the range of goods supplied by Kazakhstan to Pakistan.
Also, the Ministry of Trade of Kazakhstan has developed a list of 110 potential goods worth $487.2 million, which are in demand in the market of Pakistan.
The sides noted the important role played by the Kazakh-Pakistani Intergovernmental Commission and stressed the priority of further deepening and diversification of bilateral trade and economic relations between the two countries.
At the initiative of the Kazakh side, work in the field of tourism was intensified and priorities for further development of tourism between the two countries were determined.
As for cooperation in the field of agriculture, the parties reached an agreement to conclude a Memorandum of Understanding on cooperation in the field of agriculture between the relevant ministries.
In addition, the co-chairs of the commission also exchanged specific initiatives to increase the volume of investments. Thus, Kairat Torebayev proposed to his Pakistani colleagues to promote investment in joint projects on the Kazakh territory of the International Center for Cross-Border Cooperation "Khorgos", which will facilitate access for Pakistani businesses to the consumer markets of the Eurasian Economic Union.
In this regard, the Kazakh-Pakistani Business Forum between investors and business circles of both sides interested in promoting investment and trade will be held within the framework of the intergovernmental commission on November 24-25 this year.