25(Eurasian Economic Union) Flashcards
1
Q
what is it?
A
International org for regional economic integration inline
with EU model
2
Q
was it setup in 1952
A
Nope but in 2015
3
Q
How many countries are part of it
A
1 Russia 2 Kazakhastan 3 Kyrgyz 4 Armenia 5 Belarus
4
Q
why in news
A
Russia has said that India will soon join this fedration
5
Q
what will be benefit for India
A
Free movement of goods,services,capital and labour for
a unified market in future