Eurasian Governmental Council and Dmitry Medvedev

Dmitry Medvedev: An energy union between Russia, Kazakhstan, Belarus, and Armenia will be the main focus in the coming year, Russian Prime Minister Dmitry Medvedev said at the inaugural meeting of the Eurasian Governmental Council in Moscow, according to Russia Today. The largest common market among former Soviet countries is resource rich, and home to 16 percent of the world s oil, 22 percent of the gas, 7 percent of the coal, 9 percent of the electricity generation, 3 percent of the iron ore, and 4 percent of steel production, according to the group s website. The estimates only include the three original members - Russia, Belarus, and Kazakhstan and Tags Belarus , CIS , Kazakhstan , Russia , Russian economy According to Dmitry Medvedev, over 100 agreements will be signed by the Eurasian Economic Union EEU in 2015, with an emphasis on developing a common oil and gas market. (news.financializer.com). As reported in the news.