Rethinking the role of the Eurasian Economic Union in the conditions of sanctions

Abstract

The purpose of the research is to critically analyze the main agreements within the framework of the Eurasian Economic Union (EAEU) and the problems of their application under sanctions, to study the impact of sanctions on Kazakhstan's foreign trade through the prism of strategic trade control (STC), as well as to develop recommendations on minimizing the negative consequences of sanctions for Kazakhstani enterprises.Research methodology - the analysis of documents is applied, including agreements and the regulatory framework within the EAEU, previous research on the topic, as well as documentation on sanctions and positions of international actors. The analysis is carried out on various aspects, including international trade in goods, technical regulation, migration, re-export risks and logistics problems.Originality / value of the research. There are many studies in the scientific literature on the impact of international sanctions on individual countries, but there are no studies on the indirect impact of sanctions on the partners of a sub-sanctioned country, within a regional organization with a high degree of economic integration.Findings. Analysis shows that under the conditions of sanctions, the EAEU does not meet Kazakhstan's expectations from this regional organization in terms of economic benefits, and risks are created for Kazakhstani companies that need to be minimized with the use of measures at the state and intra-company level.