New Aspects of Eurasian Integration (EAEU Experience)

Molchanova Natalia P.
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A successful example of the development of regional integration processes in the economic space of Eurasia is the functioning of the states within the EAEU. An analysis of the economic structure of the member countries leads to the conclusion about the priority role of industry and trade and economic relations in strengthening the position of the EAEU in the international arena. The necessity of the growth of macroeconomic indicators (volumes of production and services, foreign exports and mutual trade) and the activity of administrative-territorial entities in order to find reliable partners in the context of ongoing anti-Russian sanctions in order to strengthen interstate cooperation is substantiated. A more substantive application of the scientific tools of country studies to identify the prospects for the development of integration processes in the Eurasian space is proposed. Recommendations on the need for an in-depth study of individual countries, their natural resource characteristics, population distribution, economic potential and its most important elements have been formulated. Further regional scientific research should be focused on identifying resource opportunities and factors of territorial competitiveness in order to search for promising market niches, and on this basis, develop economic and financial regulation measures, create favorable conditions for economic activity and develop international cooperation.
Key words: Greater Eurasia, partnership, international division of labor, regional integration, total economic potential.