... presented by the Agreement would allow the EU and Russia to seek new development and business ventures with the continent, as well as prepare the legal framework for spearheading updated trade agreements with the rapidly developing continent. Opening the EAEU market to African countries could also help the continent achieve its goal of economic diversification and added-value chains.
The paper will focus on determining the potential, capabilities and opportunities all three parties have to offer. Additionally,...
... Armenia and the Kyrgyz Republic joined the Union in 2015. The following year an agreement was signed on a free-trade area with Vietnam, followed by agreements on trade and economic cooperation with China, Iran, and so on. However, the share of Russia’s EAEU partners in its foreign trade turnover at the end of 2019 was less than 8 per cent (to compare, Germany’s EU partners make up 58 per cent of its foreign trade turnover). The recent spats between Moscow and Minsk on energy clearly point to the fragility ...
... and discussions. The recent publication of Report No. 43 by the Eurasian Development Bank (titled Eurasian Economic Integration), which focuses on the insufficient level of regulatory competition within the framework of the Eurasian Economic Union (EAEU), makes it necessary to analyse this phenomenon and the factors that affect it. It also prompts a deeper discussion on whether or not regulatory competition is necessary for international (and regional) integration.
Recommendations
The development ...
