Editing Economy of Russia (section)

==Economic integration==
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|style="text-align:center; font-size:70%;"|Top-4 largest economies (China, the US, India, Russia) in the world by [[Purchasing power parity|PPP]] GDP in 2023<br />according to the [[World Bank]], the members of the [[Eurasian Economic Union]] as well as<br />[[Tajikistan]] and [[Uzbekistan]] that are forming a [[Common Economic Space of the Commonwealth of Independent States|common market within the CIS]] (EAEU+2).<ref>{{cite web | url=https://data.worldbank.org/indicator/NY.GDP.MKTP.PP.CD?most_recent_value_desc=true | title=World Bank Open Data }}</ref>
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Russia joined the [[World Trade Organization]] (WTO) on 22 August 2012.<ref name="auto5"/>
On 20 September 2012, the [[Commonwealth of Independent States Free Trade Area|Free Trade Agreement]] of the Commonwealth of Independent States signed on 18 October 2011 came into force (CIS FTA) for Russia and superseded previous agreements.<ref name="auto2"/> Russia is a founding member of the [[Eurasian Economic Union]] (EAEU) and is party to EAEU trade agreements with Vietnam, Iran, Singapore, and Serbia. In 2018, the EAEU signed a trade cooperation agreement with China, and it is in trade negotiations with India, Israel, and Egypt. Russia is also a party to several agreements that predate the EAEU.<ref name="auto4">https://crsreports.congress.gov/product/pdf/IF/IF12066 {{Webarchive|url=https://web.archive.org/web/20230618155005/https://crsreports.congress.gov/product/pdf/IF/IF12066 |date=18 June 2023 }} {{bare URL inline|date=February 2024}}</ref> The EAEU Treaty in 2015 superseded previous integration agreements and envisaged an [[economic union]] (the deepest stage of [[economic integration]]<ref name="auto3"/>). The EAEU provides for free movement of goods, services, capital and labour without a work permit ("[[four economic freedoms]]" as in the European Union), pursues coordinated, harmonized and single policy in the sectors determined by the Treaty and international agreements within the Union. The EAEU has a [[Eurasian Customs Union]] and an integrated [[single market]] of 183 million people.<ref name="auto"/>