Assessment of Impact of Trade and Economic Cooperation of Kazakhstan with Russia, EAEU Countries and Third Countries on Development of Integration Processes of EAEU

The countries of the Eurasian Economic Union (EAEU) will strengthen cooperation despite external pressure. This is also confirmed by the issues discussed at the meeting of the Intergovernmental Council of the EAEU held in February 2022 in Nur-Sultan, where it was determined that the countries included in the Council will develop a common market for the freedom of movement of goods, services, capital and labor. All the EAEU member states continue to make necessary decisions for the development of trade, economic and humanitarian relations, improving the quality of life and wellbeing of citizens of their citizens. The article contains the results of scientific and applied research carried out using the methods of logical, systematic, comparative, economic and statistical analysis. The most important directions of trade and economic cooperation between Russia and Kazakhstan, the economies of the countries of the Eurasian Economic Union (EAEU) and third countries are revealed, which have a significant impact on the development of integration processes of the EAEU, and to identify promising areas of cooperation in key sectors of the two largest economies. The dynamics of the openness of the economy of Kazakhstan over the past 20 years is considered. The contribution of Eurasian integration to the economic growth of Russia and Kazakhstan is assessed. The authors suggest possible promising areas of cooperation in key industries that contribute to strengthening economic relations between Russia and the Republic of Kazakhstan. 

1. Abramov V. L. Obstacles in mutual trade of the EAEU member states. Finansovaya ekonomika. 2019;(9):429– 432. (In Russ.).

2. Zhiltsov S. S. The role of the EAEU in the economic sphere in the post-Soviet space. Moscow: RAS INION; 2021. (In Russ.).

3. Koltashov V. G. What awaits the economy of the EAEU countries after the coronacrisis. URL: https://finance.rambler.ru/other/44807494-chto-zhdet-ekonomiku-stran-eaes-posle-koronakrizisa/ (accessed on 08.02.2022). (In Russ.).

4. Reshetnikov M. the EAEU countries are able to adapt to challenges together. URL: https://news.myseldon.com/ru/news/index/267685203/ (accessed on 02/25/2022). (In Russ.).

5. Glazyev S. Yu., Kefeli I. F. On the question of the ideology of the Eurasian Economic Union. Eurasian integration: economics, law, politics. 2022;16(1):10–21. (In Russ.).

6. Lukyanovich N. V. Prospects of Eurasian economic integration in the context of the growth of global challenges and threats. Problems of the National Strategy. 2021;1(64):78–96. (In Russ.).