Eurasian Economic Union poised to lead in digital economy development
The Eurasian Economic Union aims to boost international trade and partnerships, focusing on energy and transport projects. It may eventually form a monetary union. In 2019, member countries saw significant trade turnover. The EAEU is working on free trade zones with Vietnam and Singapore. Each member state must balance its own security with that of the union. The EAEU is also focusing on digital transformation, but faces challenges in this area.