The Republic of Kazakhstan is an initiator and active participant of many integration processes. The idea of Eurasian integration was outlined for the first time by President of the Republic of Kazakhstan Nursultan Nazarbayev in 1994. This initiative, which was considered audacious at that moment, had had an ambiguous perception at first. However, over the course of time it has been developed and received support.
As a result, the Customs Union and later the Common Economic Space were established, while on January 1, 2015, Belarus, Kazakhstan and Russia founded the Eurasian Economic Union. At that year the Republic of Armenia and Kyrgyz Republic became the full-fledged members of the EAEU.
Along with the European Union that started to develop in the middle of the 20th century, the EAEU became the second example of the sound economic union in the world.
The EAEU is not a political organization. During the work on the EAEU Treaty the member-states willfully refused to politicize the union and to include the issues affecting the national sovereignty in the competencies of the EAEU. Therefore, the EAEU solely deals with issues of economic cooperation, and ensures the principles of the sovereign equality, equality of rights and consideration of national interests of the member-states.
The EAEU is an international organization of regional economic integration based on the treaties reached by member-states within the Customs Union and the Common Economic Space.
The EAEU provides free movement of goods, services, capital and labor, pursues coordinated, harmonized and single policy in the economic sectors determined by the Treaty and international treaties within the EAEU.
The EAEU has been established to create the conditions for sustainable economic development of the member countries to improve the living standards of population; to form the common market of goods, services, capital and labor; to promote the comprehensive modernization, cooperation and increase the competitiveness of the states in the context of global economy.