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<article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:ali="http://www.niso.org/schemas/ali/1.0/" article-type="research-article" dtd-version="1.2" xml:lang="en"><front><journal-meta><journal-id journal-id-type="publisher-id">RUDN Journal of Economics</journal-id><journal-title-group><journal-title xml:lang="en">RUDN Journal of Economics</journal-title><trans-title-group xml:lang="ru"><trans-title>Вестник Российского университета дружбы народов. Серия: Экономика</trans-title></trans-title-group></journal-title-group><issn publication-format="print">2313-2329</issn><issn publication-format="electronic">2408-8986</issn><publisher><publisher-name xml:lang="en">Peoples’ Friendship University of Russia named after Patrice Lumumba (RUDN University)</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="publisher-id">38563</article-id><article-id pub-id-type="doi">10.22363/2313-2329-2024-32-1-69-87</article-id><article-id pub-id-type="edn">PFAUDN</article-id><article-categories><subj-group subj-group-type="toc-heading" xml:lang="en"><subject>INTEGRATION PROCESSES</subject></subj-group><subj-group subj-group-type="toc-heading" xml:lang="ru"><subject>ИНТЕГРАЦИОННЫЕ ПРОЦЕССЫ</subject></subj-group><subj-group subj-group-type="article-type"><subject>Research Article</subject></subj-group></article-categories><title-group><article-title xml:lang="en">Azerbaijan in regional integration processes: Role and prospects of interaction with the EAEU</article-title><trans-title-group xml:lang="ru"><trans-title>Азербайджан в региональных интеграционных процессах: роль и перспективы взаимодействия с ЕАЭС</trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author"><name-alternatives><name xml:lang="en"><surname>Khuseynov</surname><given-names>Tair T.</given-names></name><name xml:lang="ru"><surname>Гусейнов</surname><given-names>Таир Тофикович</given-names></name></name-alternatives><bio xml:lang="en">PhD student, Department of International Economic Relations, Faculty of Economics</bio><bio xml:lang="ru">аспирант, кафедра международных экономических отношений, экономический факультет</bio><email>1142220648@rudn.ru</email><xref ref-type="aff" rid="aff1"/></contrib></contrib-group><aff-alternatives id="aff1"><aff><institution xml:lang="en">RUDN University</institution></aff><aff><institution xml:lang="ru">Российский университет дружбы народов</institution></aff></aff-alternatives><pub-date date-type="pub" iso-8601-date="2024-03-15" publication-format="electronic"><day>15</day><month>03</month><year>2024</year></pub-date><volume>32</volume><issue>1</issue><issue-title xml:lang="en">THE WORLD ECONOMY   IN THE CONTEXT OF GLOBAL TRANSFORMATION</issue-title><issue-title xml:lang="ru">Мировая экономика  в условиях глобальной трансформации</issue-title><fpage>69</fpage><lpage>87</lpage><history><date date-type="received" iso-8601-date="2024-04-02"><day>02</day><month>04</month><year>2024</year></date></history><permissions><copyright-statement xml:lang="en">Copyright ©; 2024, Khuseynov T.T.</copyright-statement><copyright-statement xml:lang="ru">Copyright ©; 2024, Гусейнов Т.Т.</copyright-statement><copyright-year>2024</copyright-year><copyright-holder xml:lang="en">Khuseynov T.T.</copyright-holder><copyright-holder xml:lang="ru">Гусейнов Т.Т.</copyright-holder><ali:free_to_read xmlns:ali="http://www.niso.org/schemas/ali/1.0/"/><license><ali:license_ref xmlns:ali="http://www.niso.org/schemas/ali/1.0/">https://creativecommons.org/licenses/by-nc/4.0</ali:license_ref></license></permissions><self-uri xlink:href="https://journals.rudn.ru/economics/article/view/38563">https://journals.rudn.ru/economics/article/view/38563</self-uri><abstract xml:lang="en"><p style="text-align: justify;">The study deals with theoretical and practical aspects of Azerbaijan’s participation in regional integration processes. The historical excursus of formation of international cooperation of Azerbaijan with the countries of CIS region and key economic partners in the world is considered. Azerbaijan’s economic interaction with the EAEU countries and possible potential of its development are analyzed. Based on the data of the State Statistical Committee of the Republic of Azerbaijan, we have calculated the key indicators of Azerbaijan’s foreign trade with regional economic integration groupings and proposed their hierarchy. The study substantiates that there is a significant economic and socio-humanitarian potential of Azerbaijan’s attraction to the EAEU grouping. The possibilities of Azerbaijan’s integration interaction with the EAEU are objective in nature and are primarily related to its transport and geographical location, as well as to its production capabilities and the interaction of commodity markets. So far, the integration potential has not been fully realized, but there is a clear trend towards the rapprochement of Azerbaijan with the EAEU countries. Acceleration and deepening of the use of integration potential will depend on many factors, but first of all on geopolitical and socio-economic factors. The most realistic option for Azerbaijan’s integration into the EAEU grouping is the scenario of granting the country the status of an associate member followed by a deeper degree of economic integration.</p></abstract><trans-abstract xml:lang="ru"><p style="text-align: justify;">Рассматриваются теоретические и практические аспекты участия Азербайджана в региональных интеграционных процессах. Представлен исторический экскурс становления международного сотрудничества Азербайджана со странами региона СНГ и ключевыми экономическими партнерами в мире. Анализируется экономическое взаимодействие Азербайджана со странами ЕАЭС и возможный потенциал его развития. На основе данных Государственного статистического комитета Республики Азербайджан рассчитаны ключевые показатели внешней торговли Азербайджана с региональными экономическими интеграционными группировками и предложена их иерархия. Обосновывается наличие значительного экономического и социально-гуманитарного потенциала притяжения Азербайджана в группировку ЕАЭС. Возможности интеграционного взаимодействия Азербайджана с ЕАЭС носят объективный характер и связаны в первую очередь с транспортно-географическим положением, а также производственными возможностями и взаимодействием товарных рынков. Пока интеграционный потенциал не реализуется в полной мере, но наблюдается явный тренд в сторону сближения Азербайджана со странами ЕАЭС. Ускорение и углубление использования интеграционного потенциала будет зависеть от многих факторов, но прежде всего факторов геополитического и социально-экономического порядка. Наиболее реалистичным вариантом интеграции Азербайджана в группировку ЕАЭС является сценарий предоставления стране статуса ассоциированного члена с последующей более глубокой степень экономической интеграции.</p></trans-abstract><kwd-group xml:lang="en"><kwd>Azerbaijan</kwd><kwd>integration processes</kwd><kwd>integration associations</kwd><kwd>EAEU</kwd><kwd>regional integration</kwd><kwd>regional integration processes</kwd><kwd>Eurasian integration</kwd></kwd-group><kwd-group xml:lang="ru"><kwd>Азербайджан</kwd><kwd>интеграционные процессы</kwd><kwd>интеграционные объединения</kwd><kwd>ЕАЭС</kwd><kwd>региональная интеграция</kwd><kwd>региональные интеграционные процессы</kwd><kwd>евразийская интеграция</kwd></kwd-group><funding-group/></article-meta></front><body></body><back><ref-list><ref id="B1"><label>1.</label><citation-alternatives><mixed-citation xml:lang="en">Abbasova, N.G. (2020). International economic relations of Azerbaijan and directions of their improvement. 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