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The purpose of this master’s thesis is to quantify the effect that the Eurasian Economic Union has on the trade between its members.The research provides further recommendation on the development of this economic union.As the major economic organization in Central Asian region,Eurasian Economic Union plays important role in the economic development of the region.This research is the first one to use matching method on the dataset for Eurasian Economic Union.The research overviews the literature on Eurasian Economic Union,the critique of the union and previous empirical studies on different economic and trade agreements and their influence on the development of trade in respective regions.The results of this research will benefit the executive units of the Eurasian Economic Union and government of member states,scholars,whose research field is connected with trade unions,economic unions and international trade;and will also enrich the database on the Eurasian Economic Union with empirical data.