The treaty reflects the basic aspects inherent in international organizations, the principles of sovereign equality of the states, territorial integrity. The treaty also establishes a mechanism for consensus in decision-making at all levels and the principle of equal personnel representation in the union bodies.
The Eurasian Economic Union Treaty aims to improve the well-being and quality of life of the citizens of Kazakhstan, Russia and Belarus and provides for the free movement of goods, services, capital and labor, a coordinated economic policy. The effect of the integration in the form of the aggregate GDP growth by 2030 is estimated at about $900 billion.
The Eurasian Economic Union is based on the principles of equal rights, feasibility, pragmatism and mutual benefit.
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