Eurasian Economic Union: Formation & membership

Q.  Which of the following statements is/are correct about Eurasian Economic Union?

1. Court of the Eurasian Economic Union is located in Minsk, Belarus.
2. Armenia is member of Eurasian Economic Union.
- Published on 22 Dec 15

a. Only 1
b. Only 2
c. Both
d. None

ANSWER: Both
 
- Russia, Belarus, Kazakhstan, Kyrgyzstan and Armenia are Eurasian Economic Union members
- Tajikistan will join Eurasian Economic Union.
- The Eurasian Economic Union is an economic union of states located primarily in northern Eurasia.
- A treaty aiming for the establishment of the EEU was signed on 29 May 2014 by the leaders of Belarus, Kazakhstan and Russia
- It came into force on 1 January 2015.
- Kyrgyzstan's accession treaty will not come into force until it has been ratified, but it participated in the EEU from the day of its establishment as an acceding state.

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