... trade ties, by definition, cannot aspire to anything beyond niche cooperation, and the imminent signing of an FTA involving the EAEU will not remedy this situation.
However, this should not be perceived as a setback or a weakness in bilateral relations. ... ... much more pragmatic and rewarding approach is to strengthen Russia’s targeted presence in specific sectors of the Indonesian economy. This requires a systematic effort so that Moscow could secure certain niches for the long term, independent of the sanctions ...
The main pressing issue is the significant imbalance in mutual trade
In December 2024, an interim trade agreement between the Eurasian Economic Union (EAEU) and Mongolia is expected to be signed, with the draft finalized in record time. This milestone reflects the growing business ties between Russia and Mongolia and the dialogue between their government agencies, as well as broader trends of Eurasian ...
... of the countries—new SCO members—face them, with the possible exception of Belarus. At the same time, a large number of initiatives aimed to solve economic problems coexist in the organisation’s space: this includes the Eurasian Economic Union (EAEU), the “5+1” formats, the Belt and Road initiative, and the North-South ITC aimed at solving problems in the area of regional connectivity, etc. Accordingly, conditions have been formed in the Eurasian space for transforming the Shanghai Cooperation ...
... Associate Professor at the Department of International Law, Patrice Lumumba Peoples' Friendship University.
The speakers in the third session “Deepening Multilateral Cooperation in Areas With Integration Potential” addressed possible avenues for the EAEU’s future development. The participants shared their views on the necessary steps to boost integration processes and included Igor Makarov, Head of the Faculty of World Economy and International Affairs and of the Laboratory for Economics of Climate Change, HSE University; Natalia Yurova, Head of the Department of International Economic Relations at Belarusian State University; Oleg Barabanov, Deputy Director of the ...
Working Paper No. 83 / 2024
Working Paper No. 83 / 2024
The following working paper presents the results of foreign economic activity of the Eurasian Economic Union (EAEU) following its establishment. The author carefully analyzes free trade zone agreements (FTZs) as a key tool for developing the Union’s foreign economic relations. Additionally, the author assesses the effectiveness of existing EAEU FTZ agreements ...
Report No. 84 / 2023
Report No. 84 / 2023
The following report analyzes Eurasian integration processes within the Eurasian Economic Union (EAEU) and the progress it has achieved in light of new geopolitical realities. This is a comprehensive study that reviews the EAEU’s current integration results, economic achievements, as well as long-term objectives. The report covers both the EAEU’s ...
... national foreign exchange reserves both within this institution and in partnership with third countries – China, India and ASEAN.
Free trade zones: from figures to results
Artem Dankov:
New Reality: Kazakhstan Searching for Its Place in The Global Economy
The priorities of Russia’s EAEU presidency in 2023 and, more broadly, Russia’s vision for the Union over the next 5-10 years would be incomplete without an updated strategy for trade and economic ties between the association and its foreign partners. It is no coincidence that ...
... the Primakov Institute of World Economy and International Relations of the Russian Academy of Sciences (IMEMO RAS) and World Economy and International Relations Journal held a workshop titled "Economic Aspect of Eurasian Integration: Obstacles and ... ... achievements of Eurasian economic integration in 2022, as well as bottlenecks and further prospects of partnership within the EAEU. Special attention was paid to overcoming the consequences of sanctions and improving the conditions for doing business in ...
... and the common market. However, the continued participation of Kazakhstan, Kyrgyzstan and Armenia in the institutions of globalisation, from which the United States and Europe are trying to split Russia and Belarus, acquire new significance for the EAEU. It should be taken into account that some of the crisis phenomena in the global economy that we are currently witnessing have a positive impact on Russia’s major competitive advantages: the availability of key natural resources and leading positions in the export of energy products, grain crops and mineral fertilisers.
In particular,...
... parliament, he stated Kyrgyzstan’s neutral status in the Russian-Ukrainian conflict, mentioning that Kyrgyzstan had no capabilities to influence its outcome in any meaningful way.
Artem Dankov:
New Reality: Kazakhstan Searching for Its Place in The Global Economy
Russia plays a key role in Kyrgyzstan’s foreign policy. All-in-all, relations between the two nations can be described as stable despite occasional political upheavals in Kyrgyzstan, which result in national leadership reshuffle. Cooperation ...
