Eurasian Economic Union
In September 2013 and under Sargsyan's direction, Armenia announced its intentions of joining the Eurasian Economic Union with Belarus, Kazakhstan and Russia. The Eurasian Economic Union (EAEU or EEU) is an economic union of Belarus, Kazakhstan and Russia, and came into force on 1 January 2015. Treaties aiming for Armenia's accession to the Eurasian Economic Union was signed on 9 October 2014. Armenia's accession treaty came into force on 2 January 2015. The Eurasian Economic Union has an integrated single market of 176 million people and a gross domestic product of over 4 trillion U.S. dollars (PPP). The EEU introduces the free movement of goods, capital, services and people and provides for common transport, agriculture and energy policies, with provisions for a single currency and greater integration in the future.