On the Prospects of the EEU Development

5
On the Prospects of the EEU Development
// Russia and New States of Eurasia. 2020. No IV (LIX). P. 11-24

DOI: 10.20542/2073-4786-2020-4-11-24

Abstract. The article explores the current state and development prospects of the Eurasian Economic Union (EEU) which is functioning under conditions of a deep global economic crisis caused by the coronavirus pandemic and dramatic fall of the world oil market. Besides these factors of a global character the EEU activities experience a serious negative impact of a number of regional problems and challenges – starting from a continuing regime of Western trade and economic sanctions and ending up with political intrigues carried  out by some EEU member -states (Armenia, Byelorussia) under slogans of multipolarity which resulted in a crisis of their domestic and foreign policies and also seriously undermined their participation in the EEU economic activities.

Keywords: Eurasian economic union (EEU), coronavirus pandemic, world oil prices, Western economic sanctions, protest movement, Nagorno-Karabakh armed conflict


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For citation:
Chufrin G. On the Prospects of the EEU Development. Russia and New States of Eurasia, 2020, No IV (LIX), pp. 11-24. https://doi.org/10.20542/2073-4786-2020-4-11-24



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