The Eurasian Economic Union as a factor of ensuring food security of Russia

Abstract

Subject. The article considers activities of the Russian Federation and the Russian agro-industrial complex within the framework of the Eurasian Economic Union (EAEU) in the interests of ensuring Russia's food security under sanctions. Objectives. The aims are to analyze the activities of the agro-industrial complex of the EAEU member States to ensure collective food security and economic integration of the EAEU, to define the EAEU contribution to Russia's food security in conditions of increasingly tightening regime of foreign trade restrictions. Methods. The study draws on methods of analysis and synthesis, grouping and comparison, abstraction, generalization, and analogy. Trends in the main parameters of the activities of the agro-industrial complex of the EAEU member States were examined based on statistical data analysis, using the methods of mathematical modeling and systems analysis. Results. The paper presents some results of the analysis of activities of the agro-industrial complex of the EAEU member States to ensure collective food security of the Eurasian Economic Union and its economic integration, defines the role and contribution of the EAEU to Russia's food security under the regime of foreign trade restrictions. Conclusions. At present, Russia maintains a high level of availability of agricultural products to its population and raw agricultural resources to the domestic food and processing industry provides stable supplies of agricultural products and raw materials to a number of EAEU member countries. There are significant reserves to increase interstate trade in agricultural products and raw agricultural resources within the EAEU market.