Foreign direct investments in EAEU member states in 2025

In 2025, a trend toward the recovery of inward and outward foreign direct investment (FDI) flows in the Eurasian region became apparent following a significant decline since 2022 (primarily due to the imposition of Western sanctions). Starting in 2022, the geography of outbound FDI from EAEU countries changed substantially. In particular, FDI flows expanded considerably to the UAE, Serbia, China, Uzbekistan, India, and Turkey. At the same time, a pattern of country-specific specialization has emerged for Eurasian outbound FDI: the UAE and Turkey have become major trade and financial hubs, while China and India have become manufacturing and energy partners. The share of mutual investment among EAEU countries remains at around 4% of total FDI.