PROSPECTS OF COOPERATION BETWEEN THE EURASIAN ECONOMIC UNION AND AFRICA
Background. Cooperation between the Eurasian Economic Union and African countries has great potential. In recent years, mutual trade turnover has tripled and amounted to almost $ 22 billion. In modern conditions, the EAEU countries face the task of further deepening cooperation with the countries...
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| Format: | Article |
| Language: | English |
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Penza State University Publishing House
2020-03-01
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| Series: | Известия высших учебных заведений. Поволжский регион: Общественные науки |
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| _version_ | 1818453753170231296 |
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| author | E. A. Chistyakova O. Yu. Sokolova S. V. Zakharova A. O. Skvortsov V. A. Skvortsova |
| author_facet | E. A. Chistyakova O. Yu. Sokolova S. V. Zakharova A. O. Skvortsov V. A. Skvortsova |
| author_sort | E. A. Chistyakova |
| collection | DOAJ |
| description | Background. Cooperation between the Eurasian Economic Union and African
countries has great potential. In recent years, mutual trade turnover has tripled and amounted to almost $ 22 billion. In modern conditions, the EAEU countries face the
task of further deepening cooperation with the countries of the African continent and
creating conditions for reaching higher rates of economic cooperation. The purpose
of the work is to analyze the prospects for strengthening cooperation and integration
of the EAEU and African countries in the trade and economic sphere, as well as in
the field of transport, energy, and education.
Materials and methods. The implementation of the research objectives was
achieved on an analysis of the problems and prospects of cooperation between the
EAEU countries and Africa. Particular attention is paid to further deepening trade
and economic cooperation, which depends both on internal economic cooperation
of the EAEU integration block and on building effective relations with external
partners.
Results. The article considers trade, economic and integration cooperation of the
EAEU countries with the countries of the African continent, identifies prospects for
strengthening cooperation in the field of trade, investment and financial cooperation
based on the development of integration interaction between the countries of these
groups.
Conclusions. A study of the problems and prospects of cooperation between
countries allows us to conclude that the potential for its development in the trade,
economic and investment sphere is huge. In addition, an opportunity was identified
for building up Eurasian-African cooperation in the field of economic and investment
exchange, expanding cooperation in financial and banking activities. |
| first_indexed | 2024-12-14T21:43:59Z |
| format | Article |
| id | doaj.art-147cab7a7bb943eb8954e157e97429b8 |
| institution | Directory Open Access Journal |
| issn | 2072-3016 |
| language | English |
| last_indexed | 2024-12-14T21:43:59Z |
| publishDate | 2020-03-01 |
| publisher | Penza State University Publishing House |
| record_format | Article |
| series | Известия высших учебных заведений. Поволжский регион: Общественные науки |
| spelling | doaj.art-147cab7a7bb943eb8954e157e97429b82022-12-21T22:46:23ZengPenza State University Publishing HouseИзвестия высших учебных заведений. Поволжский регион: Общественные науки2072-30162020-03-01110.21685/2072-3016-2020-1-17PROSPECTS OF COOPERATION BETWEEN THE EURASIAN ECONOMIC UNION AND AFRICAE. A. Chistyakova0O. Yu. Sokolova1S. V. Zakharova2A. O. Skvortsov3V. A. Skvortsova4Saratov Socio-Economic Institute (branch) of Plekhanov Russian University of EconomicsSaratov Socio-Economic Institute (branch) of Plekhanov Russian University of EconomicsSaratov Socio-Economic Institute (branch) of Plekhanov Russian University of EconomicsPenza State UniversityPenza State UniversityBackground. Cooperation between the Eurasian Economic Union and African countries has great potential. In recent years, mutual trade turnover has tripled and amounted to almost $ 22 billion. In modern conditions, the EAEU countries face the task of further deepening cooperation with the countries of the African continent and creating conditions for reaching higher rates of economic cooperation. The purpose of the work is to analyze the prospects for strengthening cooperation and integration of the EAEU and African countries in the trade and economic sphere, as well as in the field of transport, energy, and education. Materials and methods. The implementation of the research objectives was achieved on an analysis of the problems and prospects of cooperation between the EAEU countries and Africa. Particular attention is paid to further deepening trade and economic cooperation, which depends both on internal economic cooperation of the EAEU integration block and on building effective relations with external partners. Results. The article considers trade, economic and integration cooperation of the EAEU countries with the countries of the African continent, identifies prospects for strengthening cooperation in the field of trade, investment and financial cooperation based on the development of integration interaction between the countries of these groups. Conclusions. A study of the problems and prospects of cooperation between countries allows us to conclude that the potential for its development in the trade, economic and investment sphere is huge. In addition, an opportunity was identified for building up Eurasian-African cooperation in the field of economic and investment exchange, expanding cooperation in financial and banking activities.eurasian economic union (eaeu)africaintegrationcooperationinvestmentfree trade zonetrade and economic cooperationintegration associations |
| spellingShingle | E. A. Chistyakova O. Yu. Sokolova S. V. Zakharova A. O. Skvortsov V. A. Skvortsova PROSPECTS OF COOPERATION BETWEEN THE EURASIAN ECONOMIC UNION AND AFRICA Известия высших учебных заведений. Поволжский регион: Общественные науки eurasian economic union (eaeu) africa integration cooperation investment free trade zone trade and economic cooperation integration associations |
| title | PROSPECTS OF COOPERATION BETWEEN THE EURASIAN ECONOMIC UNION AND AFRICA |
| title_full | PROSPECTS OF COOPERATION BETWEEN THE EURASIAN ECONOMIC UNION AND AFRICA |
| title_fullStr | PROSPECTS OF COOPERATION BETWEEN THE EURASIAN ECONOMIC UNION AND AFRICA |
| title_full_unstemmed | PROSPECTS OF COOPERATION BETWEEN THE EURASIAN ECONOMIC UNION AND AFRICA |
| title_short | PROSPECTS OF COOPERATION BETWEEN THE EURASIAN ECONOMIC UNION AND AFRICA |
| title_sort | prospects of cooperation between the eurasian economic union and africa |
| topic | eurasian economic union (eaeu) africa integration cooperation investment free trade zone trade and economic cooperation integration associations |
| work_keys_str_mv | AT eachistyakova prospectsofcooperationbetweentheeurasianeconomicunionandafrica AT oyusokolova prospectsofcooperationbetweentheeurasianeconomicunionandafrica AT svzakharova prospectsofcooperationbetweentheeurasianeconomicunionandafrica AT aoskvortsov prospectsofcooperationbetweentheeurasianeconomicunionandafrica AT vaskvortsova prospectsofcooperationbetweentheeurasianeconomicunionandafrica |