Vartanova M. L. Results and prospects of development of foreign and mutual trade of the Eurasian Economic Union in the conditions of integration. In: Greater Eurasia: Development, Security, cooperation. Yearbook. Issue 3. Part 2 ...

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Abstract

Regional economic integration organizations play an increasingly important role in modern social and economic relations between States. One of these regional economic associations is the Eurasian Economic Union. However, the existing processes of globalization lead to the fact that global factors and risks in the form of changing conditions of world trade, large-scale digitalization of the economy, affect the socio-economic development of the EAEU member states with ever-increasing power1 . To implement many of the provisions laid down in the Treaty on the Eurasian Economic Union of 29.05.2014, as amended on 10.10.2014 and amended on 1 October 2019, additional measures and efforts must be taken. Thus, the current stage of integration, namely the functioning of the Union-compared to the stage of the CU and the CES – provided the opportunity to expand the freedom of movement of goods, services, capital and labor and to conduct coordinated, coordinated and unified policies. In order to determine the degree of effectiveness of the socio-economic development of the EAEU member states, we analyzed the data of the express information of the Eurasian Economic Commission. A special feature of the analysis was qualitative and quantitative methodological research, based on the use of comparative analysis of the results that determine the effectiveness of sustainable economic growth in the conditions of integration of the member states of the Eurasian Economic Union.