Mutual trade of state members of the Eurasion Economic Union

Radmila Mezhenina

Master's thesis

Abstract:

This is a work about mutual trade between the countries of Kazakhstan, Russia, Belarus, Kyrgyzstan and Armenia. I studied the Eurasian Economic Union, which consists of these five countries, from all the angles. Trade is an integral part of the economy, and such unions contribute to its development and facilitate trade turnover between countries. In the first part of my work, I studied the prerequisites for the creation of the union and the development of the economic union till present time. Studying this union, I was able to identify all the positive and negative sides and made a conclusion about the prospects. In history we know many unions that created to improve trade turnover, respectively economic growth. One of the largest unions is the European Union, and Europe consists of advanced countries. And the countries of the Eurasian Economic Union are also striving to boost their economy so that it does not remain at the stagnation level. Based on the information found on the trade turnover of the Eurasian Economic Union and the GDP of the participating countries in the years 2010-2021, a regression analysis was carried out. Such unions are a huge step towards real economic integration, which stimulates the growth of national economies, revealing the potential of their interaction.

Keywords

import, Eurasian Economic Union, integration, trade, export

Language used: English

Date on which the thesis was submitted / produced: 3. 4. 2022

Thesis defence

• Date of defence: 2. 6. 2023
• Supervisor: prof. Ing. Mansoor Maitah, Ph.D. Ph.D.
• Reader: Jana Skřivánková, B.E., externi

Czech University of Life Sciences Prague

Faculty of Economics and Management

Master programme / field:
Economics and Management / Economics and Management