The President of Kyrgyzstan, Almazbek Atambayev, has signed the law on accession to the Eurasian Economic Union (EEU), which includes Armenia, Russia, Belarus, and Kazakhstan.

The Kyrgyz parliament passed this law on Wednesday, and it takes effect on Thursday.

“Joining the EEU will open for our products the 200-million [people-strong] market of the EEU member countries,” stated Atambayev, reported TASS news agency of Russia. “We will no longer be a speculative economy, and we will start developing with dynamism.”