- The Secretary General of the CIS, Sergey Lebedev, reported a significant increase in mutual trade among the Commonwealth countries.
“Over the past four years, the volume of mutual trade has increased by 18%,” emphasized Lebedev.
He also noted the high level of mutual investments in the CIS and stated that the Agreement on Free Trade in Services and Investments, signed in 2023, will contribute to their further increase.
According to the Secretary General, this document will play a key role in strengthening investor confidence in the market of CIS countries.
According to the provided data, by mid-2025, the accumulated mutual investments of the Commonwealth countries are expected to reach a record $41.6 billion, which represents more than a fifty percent increase over the last ten years.
“Russia, as the largest economy in the region, is the main investor, and the highest growth in investment flows is observed in Central Asia, particularly in Kazakhstan and Uzbekistan,” clarified Sergey Lebedev.
He added that successful results are evident in the fields of industry, agriculture, and other sectors of the economy.
“The area of cooperation in energy, transport, and communications, where cross-border interaction is especially important, contributes to the smooth operation and realization of transit potential,” noted the Secretary General.
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