Is Uzbekistan’s EAEU Membership Dead in the Water?

Quick Summary:

Despite Moscow’s diplomatic overtures, Uzbekistan announced on October 17 that it will not be pursuing full membership in the Eurasian Economic Union.

The vast majority of these remittances – 68 percent of the total – came from Russia, and Moscow has long dangled the promise of simplified access to the Russian labor market as a prize for EAEU accession.

On October 17, First Deputy Speaker of the Oliy Majlis (Uzbekistan’s parliament) Akmal Saidov stated that the country would not be joining any time soon.“After carefully studying more than a thousand different documents,” he said, “it is in the interests of Uzbekistan to maintain observer status in the EAEU.” He went on to cite the experience of Kazakhstan, which, he claimed, “has received very few benefits from joining.

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Article Details

Author / Journalist: Joe Luc Barnes

Category: Economy

Markets: United StatesArmeniaBelarusChinaGermanyIndiaKazakhstanSouth KoreaKyrgyzstanRussian FederationTaiwanTajikistanUkraineUzbekistan

Topics: Tashkent Russia Central Eaeu Uzbek Uzbekistan Union Membership Russian Been Percent

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 09:56:00 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: thediplomat.com

Language: English

Article Length: 3346 words

Reading Time: 19 minutes read

Sentences: 143 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Diplomat

News ID: 23364384

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