Eurasian Economic union: Prospects and challenges for Development

2015 ◽  
pp. 87-108 ◽  
Author(s):  
A. Knobel
Keyword(s):  
Oil And Gas ◽  
Economic Effects ◽  
Necessary Condition ◽  
Gas Transfer ◽  
Eurasian Economic Union ◽  
Economic Union ◽  
Food Imports ◽  
Cis Countries ◽  
Integration Problems ◽  
Integration Challenge

The paper is devoted to the analysis of development prospects and problems of Eurasian Economic Union (EAEU) of Russia, Kazakhstan, Belarus and Armenia. It considers integration problems inside EAEU, interactions of EAEU with other CIS countries and with countries from the rest of the world. The paper shows that the major integration challenge inside EAEU is the domination of the redistributive motive over the creative one. It estimates the value of the oil and gas transfer from Russia to other EAEU members and the influence of the Russian tax maneuver on this transfer. The paper shows the need in redistribution mechanism inside EAEU as a necessary condition for getting the potential positive economic effects of free trade with other countries. It also assesses the risks for EAEU due to Russian embargo for food imports from countries of the sanctions list and possible application of tariff in the trade with Ukraine.

PARTICIPATION OF RUSSIA IN INTERNATIONAL AND REGIONAL INTEGRATION PROCESSES

2015 ◽  
Vol 10 (4) ◽  
pp. 224-231
Author(s):  
Огнева ◽  
Valentina Ogneva
Keyword(s):  
Regional Integration ◽  
Oil And Gas ◽  
Complex Dynamics ◽  
Global Scale ◽  
Economic Life ◽  
Integration Policy ◽  
National Interests ◽  
Eurasian Economic Union ◽  
Economic Union ◽  
Cis Countries

The article draws attention to the growing role of the regional factor in the social, political and economic life of modern states. The essence of the phenomenon of regionalization reveals one of its leading trends - formation of integration associations. Complex dynamics of the integration processes on a global scale is considered, as well as cooperation in the format of the CIS countries (Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan) - Eurasian Economic Union. It is noted that formation of the Eurasian Union takes place in conditions of unstable economic growth in Belarus and Kazakhstan; Russia is in recession because of Western economic sanctions, the fall in oil prices, the situation in Ukraine. The features of manifestations of political factors and nature of their impact on the integration process are shown. Potential prospects of integration within the Eurasian Economic Union, namely the creation of common pharmaceutical market, common market of electricity, oil and gas are argued. There are difficulties in integration efforts of the «newcomers» - Armenia and Kyrgyzstan. These topical questions are posed to Russia in dependence on the national interests of our country, as well as the national interests of the Eurasian Union of States. New approaches to the optimization of the integration policy of the Eurasian Union are suggested.

REPUBLIC OF UZBEKISTAN AND THE EURASIAN ECONOMIC UNION: INTEGRATION OPPORTUNITIES

2020 ◽  
Vol 9 (3) ◽  
pp. 87-99
Author(s):  
Nabi Ziyadullayev ◽  
◽  
Ulugbek Ziyadullayev ◽  
Keyword(s):  
International Trade ◽  
Foreign Trade ◽  
Central Asia ◽  
National Economy ◽  
Effective Interaction ◽  
Regional Powers ◽  
Eurasian Economic Union ◽  
Economic Union ◽  
The Republic ◽  
Cis Countries

The article reveals the features of the international trade, economic and integration priorities of the Republic of Uzbekistan. The conceptual approaches to joining the WTO, diversification of the geography and structure of foreign trade, as well as the expansion of foreign economic cooperation with world and regional powers, the CIS countries and Central Asia are substantiated. Particular attention is paid to risks and building vectors for effective interaction with the Eurasian Economic Union (EAEU), as well as mitigating the effects of the coronavirus pandemic on the national economy.

Economic Integration: Lessons for the Post-Soviet Space

2016 ◽  
Vol 60 (4) ◽  
pp. 61-69
Author(s):  
M. Golovnin ◽  
A. Zakharov ◽  
D. Ushkalova
Keyword(s):  
Emerging Markets ◽  
Economic Integration ◽  
Regional Integration ◽  
Economic Effects ◽  
Dynamic Effects ◽  
Eurasian Economic Union ◽  
The World ◽  
Soviet Space ◽  
Economic Union ◽  
Post Soviet Space

Authors examine economic effects of regional integration in the emerging markets, impact of globalization on economic integration and existing models of economic integration in different regions of the world in order to distinguish key characteristics of efficient model of integration at the post-Soviet space. In particular, authors distinguish the significance of various static and dynamic effects of economic integration for emerging markets and make a conclusion on the rising importance of dynamic effects. It is proved that positive economic effects of integration could be more evident for the emerging markets than for the developed ones. On the basis of a detailed analysis of specific features of economic integration projects in different regions of the world, a conclusion is drawn on key importance for emerging markets of such formats of economic integration that directly contribute to economic development (infrastructure development projects, creation of growth poles, formation of scientific and technological potential, etc.). In the context of globalization the strengthening of cooperation in investment sphere, the implementation of integration projects on financial markets, the creation of common defensive mechanisms against external shocks are of particular significance for economic integration processes. Basing on the undertaken analysis, the main principles of efficient model of integration in the Eurasian Economic Union are outlined and the key terms of realization of this model are defined. First of all, an efficient model of integration in the Eurasian Economic Union should be formed in contest of interaction between this union, at the one hand, and European and Asian integration centers, at the other hand. Then, integration mechanisms should extend beyond traditional schemes of integration and include different types of agreements (on preferential investment, financial integration and cooperation), sectoral cooperation projects, common policies, etc. Formation of single humanitarian, scientific and innovation environment should become the key element of the integration model of the Eurasian Economic Union. Acknowledgements. The article has been supported by a grant of the Russian Fund for Humanities.Project No. 13-33-11120.

Production and Consumption of Fruit and Berry Products in the CIS Countries in the Context of Globalization and Regional Integration

2020 ◽  
pp. 63-71
Author(s):  
Yu.I. Agirbov ◽  
◽  
R.R. Mukhametzyanov ◽  
G.K. Dzhancharova ◽  
◽  
...  
Keyword(s):  
Regional Integration ◽  
Food And Agriculture ◽  
Eurasian Economic Union ◽  
Food And Agriculture Organization ◽  
Production And Consumption ◽  
Ruling Elites ◽  
Soviet Space ◽  
Economic Union ◽  
Cis Countries ◽  
Post Soviet Space

The Commonwealth of Independent States (CIS) emerged in the early 90s in the post-Soviet space, and 12 former Soviet republics participated or were members of its activities. Currently, it includes Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan and Uzbekistan. Turkmenistan is an associate member, while Ukraine does not participate in the work of the Commonwealth. Given the contradictions within the CIS, some of the states were forced to develop integration processes within the Eurasian Economic Community (EurAsEC), and then the Eurasian Economic Union (EAEU). The largest size of the consumer market, both in terms of population, and the size of the economy and average per capita income among the countries participating in the CIS and the EAEU, belongs to Russia. It is also one of the world’s largest importers of fruits, berries and nuts. Based on the use of statistical data from the Food and Agriculture Organization of the United Nations, the physical volumes of production and consumption of fruit and berry products in the CIS countries in the period 1992-2018 were analyzed. A general trend was revealed for the CIS countries of a decrease in the production and consumption of fruits, berries and nuts in the 90s of the last century, followed by their growth in the first and second decades of the XXI century in almost all states, except for Georgia (by both indicators) and Moldova (by consumption). Prospects for improving the situation with both the production and consumption of fruit and berry products created in the EAEU countries, as well as an increase in the scale of mutual trade in fruits, berries and nuts as part of the Eurasian Economic Union, including other interested CIS states, depends, on the one hand, on stimulating the development of national fruit and berry subcomplexes, on the other hand, on the desire of the ruling elites to expand regional integration in the post-Soviet space.

EURASIAN ECONOMIC UNION DURING THE PANDEMIC: INTEGRATION PROBLEMS AND PROSPECTS

2021 ◽  
Vol 22 (3) ◽  
pp. 079-093
Author(s):  
Dolores Tyulebekova ◽  
Sayat Abildin ◽  
Yelena Nechayeva ◽  
Maira Dyussembekova
Keyword(s):  
Import Substitution ◽  
Political Process ◽  
Methodological Foundation ◽  
Eurasian Economic Union ◽  
Medical Supplies ◽  
The Face ◽  
Economic Union ◽  
Integration Problems ◽  
Regional Associations ◽  
Economic Ties

The article aims to assess the results of the development of the Eurasian Economic Union, including in the context of the Covid-19 pandemic. The theoretical and methodological foundation of the study of integration is based on studying the activity of various regional associations from the viewpoint of the integration levels and ultimate goals. Depending on the set goals, it is possible to predict and strategically calculate the consequences and possible benefits of economic integration. Using statistical analysis tools, the authors analyzed the key economic indicators affecting the development of the EAEU. Official data of international structures (World Bank, U.N., EAEU), government agencies, various reports and reviews were also used in the work. The studied indicators are presented in the article in tables and graphs, created by the authors for the purpose of visualizing the relevant processes. Logical reasoning is used to describe the results obtained. The article assesses the consequences of the pandemic for global trade and analyzes further ways of developing the world political process. Today, many countries face similar problems due to the pandemic, and take unprecedented measures in order to address them. Most countries have restricted the export of essential goods, such as medical supplies and food. Global economic ties aimed at liberalizing trade have been called into question, since each state is forced to ensure its own national security in the face of the pandemic. In this respect, the question of strength and stability of the globalization processes are in a changing world? Certain event scenarios are considered in the conclusion of the article, one of which is a transition to a policy of protectionism and import substitution.

Nuclear deal will give Iran-Russia ties limited boost

2015 ◽  
Keyword(s):  
Oil And Gas ◽  
The United States ◽  
Global Markets ◽  
Islamic Republic ◽  
The West ◽  
Content Type ◽  
High Profile ◽  
Eurasian Economic Union ◽  
Economic Union ◽  
Economic Ties

Significance Russia played a high-profile role mediating the landmark Iran nuclear agreement announced on July 14. As such, the deal represents a diplomatic victory for Russia and its aim of preventing Iran from acquiring nuclear weapons. The deal also offers the prospect of increased opportunities for Russian business, and for Russian diplomacy in the Middle East, particularly Syria. However, the agreement also raises concerns in Moscow that Iran's detente with the West will weaken Russia's political and economic ties with the Islamic Republic, and see Moscow lose a valuable ally in its stand-off with Washington. Impacts Russia will try to strengthen cooperation with Iran within the Eurasian Economic Union framework. Potential for cooperation in oil and gas will be limited, although Moscow will try to coordinate energy policies with Tehran. Return of Iranian crude to global markets will dampen prices further, increasing Moscow's economic woes. Russia will use promised delivery of air defence systems to Iran as a bargaining chip in its stand-off with the United States.

scholarly journals PUBLIC PROCUREMENT IN TERMS OF THE EURASIAN ECONOMIC UNION

2017 ◽  
pp. 104-109
Author(s):  
Павел Кабытов ◽  
Pavel Kabytov
Keyword(s):  
Public Procurement ◽  
Legal Regulation ◽  
Single Market ◽  
Necessary Condition ◽  
Member States ◽  
Eurasian Economic Union ◽  
Mandatory Rules ◽  
Service Sectors ◽  
Economic Union ◽  
High Level

The realization of the goals of the Eurasian economic Union is closely connected with the formation of common markets in various areas of economic cooperation. One of these areas are public procurement, which can have a significant impact on mutual trade between the member States in the framework of the functioning of the internal market of the Eurasian economic Union. To date, however, this effect is not significant. Prerequisites for this are the numerous “barriers”, “withdrawal” and “restrictions” that remain in the legislation of member States of the Eurasian economic Union, which requires its identify and resolve. The purpose of this study was to identify obstacles to the formation of a single public procurement market in the Eurasian economic Union. The objective of the study is the analysis of legal regulation of public procurement in member States of the Eurasian economic Union and the Eurasian economic Union with the aim of identifying the existing “barriers”, “withdrawal” and “limitations” in this field. To achieve the goals and objectives of the study are applied comparative legal, formal legal and formal logical methods, method of interpretation of law, as well as scientific methods. The results of the study identified obstacles to providing a high level of cross-border participation in public procurement. Revealed that the provision of unhindered access for potential suppliers and providers of member States to participate in public procurement is in direct proportion to ensure the regime of the single market for services in various service sectors. It is concluded that a necessary condition for the formation of a single market of public procurement is not only elimination of the existing “barriers”, “exceptions” and “limits” in the laws of the member States of the Eurasian economic Union, but also the completion of the process of building a single market for services, the further rapprochement of licensing systems, harmonization of mandatory rules and requirements in the member States of the Eurasian economic Union.

scholarly journals From the Belovezhskiye Agreements to the Eurasian Economic Union: 30 Years of Experience

2021 ◽  
Vol 15 (3) ◽  
pp. 22-34
Author(s):  
M. I. Krotov
Keyword(s):  
Economic Integration ◽  
Eurasian Economic Union ◽  
Security Treaty ◽  
Independent States ◽  
Soviet Space ◽  
European Projects ◽  
Economic Union ◽  
Cis Countries ◽  
Post Soviet Space

The article examines the reasons for the collapse of the USSR and the signing of the Belovezhskiye Agreements. The thirty-year experience of Eurasian integration in the post-Soviet space is summarized. There is an analysis of role of the Commonwealth of Independent States in the processes of regional economic integration carried out in the last decade of 20th century, in the context of the separation of the post-Soviet republics. It is shown that the members which are states of the Eurasian Economic Union and the Collective Security Treaty Organization fully fulfill the obligations assumed within the framework of the Belovezhskaya Agreements upon secession from the USSR. The article reveals the objective conditionality of the participation of the CIS countries in anti-Russian, pseudo-European projects by a policy of different directions. New economic priorities of Eurasian integration, institutional problems and prospects of the Eurasian Economic Union are investigated.

Sign in / Sign up

Export Citation Format

Share Document