EAEU market attracts international business

EAEU market attracts international business

The EAEU market is becoming increasingly attractive to international business. Countries in Asia, the Middle East, Africa, and Latin America are showing interest. According to Alexey Ivanov, Deputy Director General of the Russian Institute of Standardization, unified rules and technical standards simplify companies’ access to the markets of five states at once.

«The sheer number of inquiries coming from external sources seeking to better understand how this market operates shows that it is both highly in demand and of strong interest. Many countries are currently studying the market and exploring ways to enter it. They may not yet have a presence here, but they are actively assessing where they need to improve their products and enhance their characteristics in order to gain access to our common market,» Ivanov said.