scholarly journals Preconditions of Entering of Kyrgyzstan into the Eurasian Economic Union

Author(s):  
Jusup Pirimbaev

In May 2015, Kyrgyzstan became a member of the Eurasian Economic Union, participation in which requires regulation of the economy, taking into account the goals and objectives of the Union. Today Kyrgyzstan is interested in the future of its membership in the EAEU: can we radically change the economic situation in the country and the structure of the economy. Kyrgyzstan's economy requires coordination with external actors in terms of domestic consumption and increasing export potential. To achieve this it is necessary: first, to develop a reasonable program of development of the industry, including the formation of large enterprises and their balanced arrangement in accordance with the level of productive forces; secondly, to make adjustments to the work of the construction sector in the building of not only housing complex, but also the development of infrastructure in all regions of the country and, thirdly, to follow the path of consolidation of the agricultural enterprises based on specialization, taking into account the export interests of Kyrgyzstan.

Subject Prospects for Russia/CIS in the third quarter. Significance The third quarter could see a significant worsening of Russia's ties with the West. With the Donbas crisis threatening to erupt into open war as in 2014 and early 2015, the Minsk 2.0 process is strained to breaking-point. Recent months have seen the gradual deterioration of the February peace plan, with heavier skirmishing culminating in the recent battle for Maryinka. In Ukraine, the economic situation remains a major problem. In Central Asia, regional economies are suffering from Russia's slowdown, as some strengthen their integration with Russia as part of the Eurasian Economic Union (EEU).


Author(s):  
A. B. Likhacheva

In 2015, Russia, Kazakhstan and Belarus formed the Eurasian Economic Union (EAEU), later joined by Kyrgyzstan and Armenia. The Eurasian Economic Commission (EAEC), one of the key supranational bodies of the Union, received the mandate to conduct all negotiations on trade liberalization, including negotiations on FTAs with other countries, became the main operator of the conjunction of EAEU and One belt One road Initiative (OBOR), – and, thus, an important agent of promoting the interests of member states in the Asia-Pacific region. Moreover, in the future we can expect the expansion of the Commission’s mandate to other areas of international cooperation affecting the economic interests of Russia. In the context of the policy of the Turning to the East that Russia has pursued in recent years, such a redistribution of roles between the national and supranational levels requires further study. However, due to the young age of the association, both in the Russian and foreign literature, we can find relatively few studies on the international role of the EAEU and, in particular, of the EAEC. This article analyzes the Commission’s international tracks with Asian countries that are currently open and attempts to study other formats of international interaction that might involve the Commission in the future according to its current mandate. The results of the study indicate that bilateral tracks remain the dominant ones for the Commission, and the transition to multilateral negotiations within the EAEU-ASEAN or EAEU-RSEP formats can only occur in the medium term. This conclusion has been confirmed by the analysis of open information about the negotiations of the Commission, and a series of expert interviews conducted during the research.


2020 ◽  
Vol 2 (7) ◽  
pp. 141-151
Author(s):  
A. G. GLEBOVA ◽  
◽  
Zh. V. IVANOVSKAYA ◽  
I. V. LUKASHENKO ◽  
◽  
...  

Subject/topic. Studying the ways and degree of national stock markets convergence in the Eurasian Economic Union. Goals/objectives. Analysis of the functioning of the stock markets of the countries of the Eurasian Economic Union in the light of the opportunities provided in the framework of creating a common exchange space in the future. According to the roadmap for creating a common financial market at the first stage of integration, regulatory documents will be adopted that define the mutual admission of professional participants to securities trading and unify listing procedures for issuers of EAEU member countries. Given the significant differentiation in the level of development of the exchange and post-trading infrastructure, a study of the attractiveness and analysis of problem areas for the participating countries was carried out in order to determine the optimal scenario for integration into the EAEU common exchange space. Methodology. The study used methods of comparison and analogy, scientific generalization and graphical analysis. Conclusions. The main result of the study is to identify factors contributing to the synergistic effect of the integration of stock markets of all EAEU member countries. The study showed that the important factors, along with the harmonization of legislation, are the formation of a developed exchange and post-trading infrastructure, the introduction of modern financial technologies, including cybersecurity issues, as well as the development of an integrated currency market.


Author(s):  
Vladimir S. Osipov ◽  
Valeriy O. Timchenko ◽  
Vitalii V. Mishchenko ◽  
Mikhail Yu. Zakharov ◽  
Tatiana P. Saraldaeva

Author(s):  
K. Margaritou

The article evaluates policies and governance of the Eurasian Economic Union (EAEU) and validates the future of Eurasian integration. In order to avoid volatility of quantitative indicators and externalities that may lead to uncertain predictions, the means for this task include: Firstly, a qualitative analysis of EAEU constituents, namely of Customs Union (CU) and Common Economic Space (CES) policies, as well as of the functions of Union’s bodies in accordance respectively with theories of economic integration and theoretical approaches on state sector’s effective operation. Secondly, the strategic dimension of collaboration of EAEU member states in other Eurasian organizations and associations, such as the Commonwealth of Independent States (CIS) and the Greater Eurasian Partnership (GEP), in relation with Russian grand strategy and its dynamics on global order.


Financial law ◽  
2020 ◽  
Vol 10 ◽  
pp. 30-37
Author(s):  
Aleksandr N. Kozyrin ◽  

The development of foreign trade relations of the Russian Federation is due to the constant theoretical and practical interest in the legal regulation of customs relations and the fiscal consequences of placing goods under customs procedures. With the adoption of the Customs code of the Eurasian Economic Union, customs legislation has been updated in terms of customs procedures and customs payments. The article uses the new customs legislation to consider customs processing procedures (on the customs territory, outside the customs territory, for domestic consumption) and fiscal regulation of the main categories of goods placed under these procedures (processed products, waste and residues). The article analyzes the procedure for calculating customs duties, peculiarities of calculating and paying taxes (VAT, excise taxes), special rules for customs assessment of waste, etc.


2019 ◽  
Vol 40 (3) ◽  
pp. 176-183
Author(s):  
N. Yu. Sopilko

The analysis of various approaches to assessing of economic integration effects of countries in international practice is introduced in the paper. The analysis of the main macroeconomic indicators of the member countries of the Eurasian Economic Union (EEU) is presented for defining the possibility of their using in the calculations of qualitative and quantitative effects of economic integration in the region. An assessment of economic integration effects of the EEU member countries is given, and conclusions are made on the future prospects of the Eurasian Economic Union.


Author(s):  
Jusup Pirimbaev ◽  
Zalkar Kamalov

In terms of the implementation of the Eurasian Economic Union integration along with positive processes of economic relationship convergence, development of standards and regulations of customs procedures and the resolution of contentious issues, there are organizational problems that are needed to be addressed. Nowadays, a lot of issues related to supra-national governance remain open due to the lack of regulation or its inadequate elaboration, while no solutions are offered for them, and many projects remain stopped. This article focuses specifically on the solutions to those problems and emphasizes the list of them that are designed for the future solution, as well as the need to integrate activities for addressing those issues with the participation of all the members of the Eurasian Economic Union. Based on the analysis of today's relationships among the members of the Eurasian Economic Union, appropriate conclusions, proposals and recommendations are made for further relationship improvement and development by considering the perspectives of voluntary joining and integration of other countries into the Eurasian Economic Union.


Author(s):  
Hanna Kharchenko ◽  
Volodymyr Kharchenko ◽  
Agata Malak-Rawlikowska

Increasing the level of innovation and investment support for agricultural enterprises is particularly relevant. This enables them to function effectively in a dynamic, open environment. Thus, the main purpose of the paper is to characterize the current state and sources of investment expenditures in agricultural enterprises in Ukraine, and to make predictions on the inflow of investments in the agricultural sector in the future. Basing of this prognosis the recommendation of the appropriate steps towards investment strategy development in farming firms was formulated. ARIMA forecasting method was used in the article to determine the future expenditures for investments in Ukrainian agricultural sector. It was observed that there has been an inflow of investments in the area of Ukrainian agriculture in recent years. Additionally it was forecasted that this growth will continue in the future. Different scenarios tested showed an increase from 11 to 30% in 2019. Additionally companies could attract and utilize the FDI funds, which unfortunately decreased during the period 2015-2017 in agricultural sector. It could be however expected that these trend will revert together with changing political and economic situation of Ukraine, and companies could use this resources for their development.


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