Strengthening relations between the countries of the Eurasian Economic Union at the stage of transformation of the geo-economic system

Cover Page

Cite item


In the context of modern conditions of foreign economic relations between the countries of the Eurasian Economic Community, they are being transformed under the influence of external challenges and threats. The pandemic temporarily paralyzed intercountry relations in the integration group. Despite this, the official institutions of the EAEU are developing new programs and strategic directions for the further development of this association. The purpose of the study is to assess the economic positions of the EAEU countries in international markets and to study individual strategic directions for the development of Eurasian integration until 2025. As a theoretical and methodological basis, the article uses the statistical, historical and logical method, dialectical principles and contradictions, the method of scientific abstraction. On this basis, the current state of the countries of the Eurasian Economic Union is analyzed, the indicators of international trade for 2017-2020 are assessed, the export and import range, proportion of imports covered by exports and etc. Particular attention is paid to the dynamics of industrial producer price indices for 2016-2020 and on this basis, a forecast for this indicator is given. It is noted that the share of innovative products of Russia in the total volume of shipped products of its own production is decreasing every year, which significantly affects the country’s position in international markets. It was noted that in order to strengthen the relationship of the EAEU countries at the stage of transformation of the geo-economic system, it is necessary to comprehensively and stage-by-stage implement the Strategic Directions for the Development of Eurasian Economic Integration.

About the authors

Diana M. Madiyarova

Peoples’ Friendship University of Russia (RUDN University)

ORCID iD: 0000-0001-6991-7528

Doctor of Economics, Professor, Department of International Economic Relations

6 Miklukho-Maklaya St, Moscow, 117198, Russian Federation

Tatiana S. Malakhova

Kuban State University

Author for correspondence.
ORCID iD: 0000-0002-5971-8178

PhD (in Economics), docent, docent, Department of the Global economy and management, Faculty of Economics

149 Stavropolskaya St, Krasnodar, 350040, Russian Federation


  1. Declaration on the further development of integration processes within the Eurasian Economic Union (2018). Ministry of Foreign Affairs of the Russian Federation (In Russ.)
  2. Foreign trade of the CIS and EU countries: a brief stat. (2021). Moscow: Interstate Statistical Committee of the CIS (In Russ.)
  3. Glazyev, S.Yu. (2016). Eurasian Economic Integration: Expanding Borders. Eurasian integration: econome, law, policy, 1, 7–9 (In Russ.)
  4. Glazyev, S.Yu. (2018). Leap into the future. Russia in new technological and world economic structures. Moscow: Knizhny mir. 768 p. (In Russ.)
  5. Gusakov, N. P., & Maslova, M. V. (2019). Russia and Kazakhstan: the range and dynamics of relations in the context of increasing interdependence of national economies. RUDN Journal of economics, 27(3). 455–465 (In Russ.)
  6. Industry in the CIS countries 2015–2019: stat. (2020). Moscow: Interstate Statistical Committee of the CIS. 127 p. (In Russ.)
  7. Kheifets, B. A. (2019). Eurasian Economic Union — Time for Modernization. Outlines of global transformations: politics, economics, law, 12(2), 29–50 (In Russ.)
  8. Madiyarova, D. M., & Mugauina, R. U. (2018). Investment and innovative development of the regions of the Republic of Kazakhstan. Scientific Notes of the Crimean Engineering and Pedagogical University, 2(60), 143–152 (In Russ.)
  9. Malakhova, T. S. (2018). Development and improvement of forms of economic interaction between countries (using the EU experience in building the EAEU). Gipoteza, (3), 62–70 (In Russ.)
  10. Malakhova, T. S. (2015). The Crisis of the Global Economy: Trends and Contradictions. Monograph. Krasnodar. 210 p. (In Russ.)
  11. Obolensky, V. P. (2019). Foreign trade of Russia: assistance to the processes of reproduction. Russian Foreign Economic Journal, (9), 7–22 (In Russ.)
  12. On Strategic Directions for the Development of Eurasian Economic Integration until 2025 (2020). Eurasian Economic Commission. Retrieved from (In Russ.)
  13. Pak, E. V. (2015). Eurasian Economic Union: Time to Sum Up the Interim Economic Results of Integration. Russian Foreign Economic Journal, (10), 22–34 (In Russ.)
  14. Panteleev, A. A., Chalaya, Yu.Yu., & Baibolotova, R.Sh. (2015). Assessment of the Integration Potential of the Economies of the Member States of the Eurasian Economic Union: Conceptual and Methodological Approaches. Eurasian economic integration, (2), 21–40 (In Russ.)
  15. Prices in the CIS countries and selected countries of the world 2016–2020: a short stat. (2021). Moscow: Interstate Statistical Committee of the CIS. 52 p. (In Russ.)
  16. Treaty on the Eurasian Economic Union (2021). Consultant Plus. Retrieved from (In Russ.)

Copyright (c) 2022 Madiyarova D.M., Malakhova T.S.

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

This website uses cookies

You consent to our cookies if you continue to use our website.

About Cookies