Foreign Trade of the Republic of Kazakhstan with the Member States of the Eurasian Economic Union: State and Perspectives

The rapid development of foreign trade can stimulate the development of production capacity; thereby contribute to the growth of GDP. However, if the state's economy is growing one-sided, then the excessive dependence of the economy on the situation in the world primary commodity markets poses...

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Main Author: Nazigul Nurlanovna Zhanakova
Format: Article
Language:English
Published: EconJournals 2016-01-01
Series:International Journal of Economics and Financial Issues
Online Access:http://mail.econjournals.com/index.php/ijefi/article/view/1742
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author Nazigul Nurlanovna Zhanakova
author_facet Nazigul Nurlanovna Zhanakova
author_sort Nazigul Nurlanovna Zhanakova
collection DOAJ
description The rapid development of foreign trade can stimulate the development of production capacity; thereby contribute to the growth of GDP. However, if the state's economy is growing one-sided, then the excessive dependence of the economy on the situation in the world primary commodity markets poses serious risks for sustainable economic development. Therefore, in the formation of the Common Economic Space, strengthening the strategic partnership and deepening trade relations between the member countries of the EEU is a regular consequence of the development of allied relations. Every year, the trade turnover between the countries is growing, and work is being actively carried out to harmonize the legislation and simplify the mechanisms of cooperation between the residents of the partner countries. Keywords: Foreign trade, Eurasian Economic Union, Republic of Kazakhstan. JEL Classifications: F1, O2, P 
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spelling doaj.art-09762aa8c68d4435bed4faf4aab6aecd2023-02-15T16:11:49ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382016-01-0161Foreign Trade of the Republic of Kazakhstan with the Member States of the Eurasian Economic Union: State and PerspectivesNazigul Nurlanovna Zhanakova0Kazakh University of Economics, Finance and International Trade The rapid development of foreign trade can stimulate the development of production capacity; thereby contribute to the growth of GDP. However, if the state's economy is growing one-sided, then the excessive dependence of the economy on the situation in the world primary commodity markets poses serious risks for sustainable economic development. Therefore, in the formation of the Common Economic Space, strengthening the strategic partnership and deepening trade relations between the member countries of the EEU is a regular consequence of the development of allied relations. Every year, the trade turnover between the countries is growing, and work is being actively carried out to harmonize the legislation and simplify the mechanisms of cooperation between the residents of the partner countries. Keywords: Foreign trade, Eurasian Economic Union, Republic of Kazakhstan. JEL Classifications: F1, O2, P  http://mail.econjournals.com/index.php/ijefi/article/view/1742
spellingShingle Nazigul Nurlanovna Zhanakova
Foreign Trade of the Republic of Kazakhstan with the Member States of the Eurasian Economic Union: State and Perspectives
International Journal of Economics and Financial Issues
title Foreign Trade of the Republic of Kazakhstan with the Member States of the Eurasian Economic Union: State and Perspectives
title_full Foreign Trade of the Republic of Kazakhstan with the Member States of the Eurasian Economic Union: State and Perspectives
title_fullStr Foreign Trade of the Republic of Kazakhstan with the Member States of the Eurasian Economic Union: State and Perspectives
title_full_unstemmed Foreign Trade of the Republic of Kazakhstan with the Member States of the Eurasian Economic Union: State and Perspectives
title_short Foreign Trade of the Republic of Kazakhstan with the Member States of the Eurasian Economic Union: State and Perspectives
title_sort foreign trade of the republic of kazakhstan with the member states of the eurasian economic union state and perspectives
url http://mail.econjournals.com/index.php/ijefi/article/view/1742
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