Bishkek, Dec. 22, 2025. /Kabar/. At the meeting of the Supreme Eurasian Economic Council held on December 21 in St. Petersburg, Russian President Vladimir Putin noted the sustainable development of the economies of the Eurasian Economic Union countries.
According to him, the combined GDP of EAEU countries continues to grow, with Kyrgyzstan demonstrating the most impressive result this year, increasing its gross domestic product by more than 10%. "This is a very strong indicator. We congratulate the President of Kyrgyzstan and his team," Putin emphasized.
Russian president also reported that agricultural production in the Union grew by more than 2%, retail trade increased by 3%, and the construction sector by 4.7%. Russia's non-energy exports to the EAEU countries also increased significantly – by almost 20%, to $32 billion in the first 10 months of a total trade turnover of $73 billion.
Putin also noted that the EAEU has developed an independent and sustainable payment infrastructure: 93% of mutual settlements between countries are conducted in national currencies. He stated that key parameters of the Eurasian economic integration strategy have been achieved over the past five years: significant number of trade barriers have been eliminated, non-tariff measures and administrative procedures have been unified, cooperation in tax and customs spheres has been improved, and instruments to support cooperation projects have been launched. Further integration will be built on the basis of the Declaration "Eurasian Economic Path" to 2045. The meeting plans to approve the corresponding roadmap.
Furthermore, set of decisions on harmonizing macroeconomic policies, increasing the effectiveness of technical and veterinary-sanitary supervision, and liberalizing cooperation in the construction sector have been submitted for consideration.
Putin also devoted special attention to draft decree on further steps to create a common financial market for the EAEU. The focus is on facilitating investor access to stock exchanges and financial instruments within the Union, and improving the conditions for obtaining loans, banking services, and insurance products.
Russian president recalled that Eurasian Reinsurance Company, which supports trade between the countries, is already operating within the EAEU. He stated that its potential should be utilized much more actively.