Economic factors and risks in the development of integration processes in the Eurasian Economic Union

Aim. The work aimed to identify the challenges of economic integration within the Eurasian Economic Union (EAEU) and solutions to support the integration processes.

Objectives. The work seeks to study trends and factors in Eurasian economic integration to identify risks to the security of integration processes.

Methods. The study employed methods of system analysis, content analysis, and comparative analysis of the dynamics and characteristics of exports and imports of EAEU member countries.

Results. The work identifies the main economic trends and risks arising from intercountry interactions and changing market conditions, as well as competition between participants in foreign economic activity in EAEU member countries. It also identifies the key areas of integration development for EAEU member countries, the potential for the creation and operation of international clusters within the EAEU, and the threats to the economic security of integration processes and projects. The article presents the key fields of advanced economic development for EAEU member countries.

Conclusions. Ensuring the security of EAEU integration processes, taking into account the geopolitical and geoeconomic factors, has been established to be an important component of the economic security system of EAEU member countries. Based on the identified trends in the development of Eurasian integration, factors of influence, and risks, the author proposes a set of measures aimed at minimizing the existing risks and threats to the further economic integration of EAEU member countries and their cooperation for the purpose of economic development in the future.

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