... trade over the years and continues to grow. Today, Indian businesses are more dependent on the U.S and Europe as preferred markets than Russia.
A survey report
on the prospects of Free Trade Agreement (FTA) between India and Eurasian Economic Union (EAEU) prepared by Federation of Indian Chambers of Commerce (FICCI), has highlighted the series of challenges faced by the Indian businesses in the EAEU region. Over 80% of the total respondents have their businesses in Russia and expect better market ...
... light. It is a complex view of the economic relationship with Russia that is shared by many in the former Soviet countries and was most clearly demonstrated in the discussions on the accession of several of these states to the Eurasian Economic Union (EAEU) or the signing of a Deep and Comprehensive Free Trade Area agreement (DCFTA) with the European Union. And perception played a huge role here too: losing a measure of economic sovereignty to the European Union is not seen as a negative in these countries ...
... and discussions. The recent publication of Report No. 43 by the Eurasian Development Bank (titled Eurasian Economic Integration), which focuses on the insufficient level of regulatory competition within the framework of the Eurasian Economic Union (EAEU), makes it necessary to analyse this phenomenon and the factors that affect it. It also prompts a deeper discussion on whether or not regulatory competition is necessary for international (and regional) integration.
Recommendations
The development ...
... materials in English.
In July 2018, RIAC completed and, for the first time, published studying and teaching materials in English. Given the high research and educational interest, the publication focused on the issues of Eurasian integration: "
EAEU: Economic Integration Space
". The author, Marina Lapenko, RIAC expert, is an associate Professor at Chernyshevsky National Research Saratov State University.
For the first time, the information on the Eurasian Economic Union is represented ...
Studying and Teaching Materials No. 8/2018
Studying and Teaching Materials No. 8/2018
In 2015, along with the creation of the Eurasian Economic Union (EAEU), a new impetus was given to the topic of economic integration in the post-Soviet space. In the past three years, integration has been gaining momentum and gradually extending into the public and expert space in Russia and other member states of ...
... reached a political consensus on the integration of the Belt and Road Initiative and the Eurasian Economic Union. China and the Eurasian Economic Union have concluded negotiations on the substance of the agreement on trade and economic cooperation. The EAEU member states are taking an active role in the construction of the Belt and Road Initiative. Interaction between Chinese and Russian transport and communication companies has already yielded results. Thus, the joint efforts of the two countries in ...
What Kind of Eurasia will Enter the 22nd Century
To say that the next couple of decades promise to usher in a multitude of changes to the international political scene is to say nothing at all. Changes on the international level are constant and never-ending; sometimes they are almost imperceptible, but sometimes they are quite dramatic. The next fifteen to twenty years, however, would seem to portend something special: the new world order for the distant future, indeed right up to the end of the...
...
Moscow had its own concerns about the Chinese proposals. Russian experts believed that intensified economic cooperation within the SCO aimed at a future free trade zone would eventually lead to that organization replacing the Eurasian Economic Union (EAEU) as the key driver of Eurasian integration, thus depriving Russia of the central role in this process.
As a result, the idea of a free trade zone was only actively supported by Kazakhstan and has not yet resulted in any detailed expert evaluations....
Foreign viewpoints
After the reelection of Vladimir Putin for another term as president of the Russian Federation in March of this year, Russia is entering a new cycle of foreign and domestic policy. Russia's foreign policy at the moment is particularly fraught; the conflict in Syria, the continued uncertain status of the Donbass region of Ukraine, accusations of cyberwarfare and interference in US elections, and the Skripal poisoning incident in the UK have driven wedges between Russia and many...
... many ways for a long time, but any visible progress in structural economic reforms in Russia is likely to make these asymmetries less significant and less disturbing for EU. Moscow states its fundamental interest in a stronger EU, Brussels recognizes EAEU as a strategic partner. In the end of the day, relations between EU and EAEU become similar to that between EU and ASEAN. However, given the geographical proximity, cultural closeness and common history, EU and EAEU together go beyond cooperation ...
