THE CASPIAN REGION:Politics, Economics, Culture

Scientific journal

EURASIAN ECONOMIC UNION IN THE SYSTEM OF INTEGRATED WORLD ECONOMIC PROCESSES

2021. 2, pp. 124-135

Golovina Ekaterina E. - Astrakhan State University

The article is devoted to the political and economic analysis of the role and place of the Eurasian Economic Union (EAEU) in the development of the Eurasian space. Consolidation of interaction with the Shanghai Cooperation Organization (SCO) and the Commonwealth of Independent States (CIS) form a new architecture in Eurasia, and the vector of the progressive development of the modern world economic order. The Union is viewed as a middle Eurasian space, within which the Great Eurasian Partnership and its mega-development projects are being formed. The consolidation of the efforts of the EAEU and the SCO fills the integration processes with new content, dividing the Eurasian space into two macro levels: the inner contour - the EAEU, determined by the countries located in the post-Soviet space; the outer contour is the SCO, formed by the leading economies of the world (China, Russia, India) and the most significant geopolitical countries with pronounced independent development segments. The mechanisms for the dynamic development of the EAEU are Free Trade Zones (FTZs), the full-fledged creation of which forms a kind of regional and interregional integration arcs of international economic partnership. At the same time, new formats of economic cooperation are developing, acquiring the status EAEU-plus and the EAEU-two plus as a soft civilizational model of Eurasian integration. Accordingly, various integration arcs of economic partnership can be formed: the EAEU-plus arc, represented by independent (third) countries endowed with the status of a “candidate state for joining the union” and an “observer state at the EAEU” (first level arc); arc of the EAEU-two plus, representing independent (third) countries, endowed with the status of a “state party to the agreement on the free trade zone of the EAEU”. Interpreting this norm, this group of subjects can also include international organizations (unions), which together represent the arc of the second level. The totality of various configurations of international relations form the basis for the conjugation of geopolitical and economic spaces of progressive states on different continents.

Key words: EAEU, EAEU+ and EAEU++, Eurasian space, international organizations, mechanisms, cooperation, partnership, megaprojects, interface, foreign and economic policy, free trade zone, security arc

Read