Abstract

The Eurasian Economic Union (EAEU) was established on the basis of the Treaty on the EAEU, signed on May 29, 2014 in Astana and entered into force on January 1, 2015. Thus, at present, this integration association is celebrating the first five years of its development. Traditionally, in the analysis of integration processes, there is Euro centricity and comparison with trends and successes in the development of the European Union. Recently, however, researchers are increasingly using the theory of new open regionalism and allow the development of integration without the rigid framework of classical regionalism and integration. The article gives a brief analysis of the development of Eurasian integration and the Eurasian Economic Union over the past five-year development period. Statistics are presented that demonstrate a generally positive track in the development of integration processes. The analysis of foreign and domestic trade, the EAEU rating and the current agenda in digitalization format are given. The article also presents the author’s point of view on the opportunities and challenges of Eurasian integration and development prospects.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.