EDB forecast: Eurasian Economic Union countries’ mutual trade to grow by 20% to $66bn in 2021
<p> MINSK, Sep 27 - PrimePress. The Eurasian Development Bank (EDB) has released a forecast saying that mutual trade of the Eurasian Economic Union (EEU) will grow by 20% year on year in 2021 up to $66 billion. This is stated in the EDB’s weekly Economic News Review published on September 27. </p> <p> </p> <p> “The EDB estimates that by the end of the year the volume of mutual trade of the EEU countries will exceed the level of 2020 by no less than 20%, and the value of the pre-pandemic year will be exceeded by more than 10%,” the review says. </p> <p> </p> <p> EDB experts say EEU mutual trade expanded by 30.4% year on year in January-July 2021, 0.6% increase in July 2021 up to $ 5.9 billion. </p> <p> </p> <p> As previously reported, the volume of mutual trade in goods between EEU countries declined by 10.7% year on year in 2020 to $55.1bn. End </p> <p> </p>
2021-09-28
Primepress
EDB forecast: Eurasian Economic Union countries’ mutual trade to grow by 20% to $66bn in 2021
MINSK, Sep 27 - PrimePress. The Eurasian Development Bank (EDB) has released a forecast saying that mutual trade of the Eurasian Economic Union (EEU) will grow by 20% year on year in 2021 up to $66 billion. This is stated in the EDB’s weekly Economic News Review published on September 27.
“The EDB estimates that by the end of the year the volume of mutual trade of the EEU countries will exceed the level of 2020 by no less than 20%, and the value of the pre-pandemic year will be exceeded by more than 10%,” the review says.
EDB experts say EEU mutual trade expanded by 30.4% year on year in January-July 2021, 0.6% increase in July 2021 up to $ 5.9 billion.
As previously reported, the volume of mutual trade in goods between EEU countries declined by 10.7% year on year in 2020 to $55.1bn. End