"Russian and Western officials universally lauded the Customs Union of Belarus, Kazakhstan and Russia at a panel on economic integration at the St. Petersburg International Economic Forum (SPIEF).
“In 2012, Russia's trade growth within the Customs Union significantly overtook its growth in the rest of the world,” said Tatiana Valovaya, Minister for Integration and Macroeconomics of the Eurasian Economic Commission (EEC).
“If our overall growth in foreign trade totalled about three percent last year, growth within the Customs Union exceeded nine percent. The annual growth in trade of manufactured goods within the Customs Union has gone from 18 percent at its founding three years ago to 23 percent now.”"
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