EUROPEAN UNION – EURASIAN ECONOMIC UNION: COOPERATION OR COMPETITION?

Abstract

The article analyses the differences in the EU’s and Russia’s approaches to the cooperation between two integration blocs – the European Union (EU) and the Eurasian Economic Union (EAEU), as well as the obstacles to cooperation and the possibilities to find the way out of the current deadlock. Proceeding from the information about the contacts between the EAEU and the EU Member States, the author regards the bilateral relations might be currently more preferable for the EAEU in the absence of substantial dialogue between the European Commission and the Eurasian Economic Commission. The potential of the OSCE structures is emphasized as a ground for future negotiations between the EU and the EAEU. The author concludes that numerous agreements on trade and economic cooperation with the EAEU and its partners, including the interconnection between the Eurasian Economic Union and the Silk Road Economic Belt (SERB) could form the new integration framework for the Greater Eurasia

Keywords

• european union
• eurasian economic union
• eurasian economic commission
• silk road economic belt
• cooperation
• trade and economic agreements