Q. Consider the following statements regarding the Eurasian Economic Union (EAEU):
1. The Eurasian Economic Union is an international organization for regional economic integration.
2. All Central Asian countries except Turkmenistan and Russia are member countries of Eurasian Economic Union.
Which of the statements given above is/are correct? 
Answer: A
Notes:
The Eurasian Economic Union is an international organization for regional economic integration. It has international legal personality and is established by the Treaty on the Eurasian Economic Union.
- The EAEU provides for free movement of goods, services, capital and labor, pursues coordinated, harmonized and single policy in the sectors determined by the Treaty and international agreements within the Union.
- The Member-States of the Eurasian Economic Union are the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic and the Russian Federation.
- The Union is being created to comprehensively upgrade, raise the competitiveness of and cooperation between the national economies, and to promote stable development in order to raise the living standards of the nations of the Member-States.
Source: ForumIAS
