The Eurasian Economic Union's five current member countries, plus disputed Crimea, claimed to be part of Russia. Map by Evan Centanni, starting from this map by Keverich2. License: CC BY-SA |
Article by Evan Centanni
Kyrgyzstan Joins EEU
The Eurasian Economic Union (EEU, EAU, or EAEU), a new Russia-led free trade area, just welcomed Kyrgyzstan as a new member on May 8. The EEU, sometimes known as the "Eurasian Union" for short (or in reference to its possible future direction), officially launched at the beginning of this year, but has been in development since several years ago. The union has four other member countries: Russia, Belarus, Kazakhstan, and Armenia.
More: What is the "Eurasian Union"?
• Kyrgyzstan (English, Kyrgyz) • Kirgiziya (Russian) Official Name: • Kyrgyz Republic (English) • Kyrgyz Respublikasy (Kyrgyz) • Kyrgyzskaya Respublika (Russian) Capital: Bishkek |
To ease economically-struggling Kyrgyzstan's entry into the EEU, Russia has approved hundreds of millions of dollars in aid to the country. Kyrgyz President Almazbek Atambayev, for his part, has been enthusiastic about joining the union, and Russia-bound migrant workers are optimistic about the change. However, many Kyrgyz citizens are concerned that EEU rules favoring trade between the organization's members could hamper trade and investment from neighboring China.
See Also: Armenia Joins EEU Ahead of Organization's Official Launch
Graphic of the Kyrgyz flag is in the public domain (source).