The Eurasian Economic Union was formed to boost trade among its member countries, which include Armenia, Belarus, Kazakhstan, the Kyrgyz Republic, and Russia. The Union aims to promote economic growth, create common standards for goods and services, and enhance competitiveness within the bloc. With a combined GDP of $2.045 trillion and a population of 183.6 million, the Union is a significant player in industries like oil, gas, power generation, and agriculture, with agricultural production reaching$136 billion USD.