EAEC formally replaced by Eurasian Economic Union

EAEC: The Eurasian Economic Community of Russia, Belarus, Kazakhstan, Kyrgyzstan and Tajikistan or the EAEC formally ceases to exist today. The community is being wound up at a summit in Minsk where  member country leaders are meeting to discuss further integration and the official birth of the Eurasian Economic Union on January 1 next year. ITAR-TASS