CONCEPTUAL DIRECTIONS OF DEVELOPMENT OF THE INDUSTRY OF THE EURASIAN ECONOMIC UNION

Abstract

The article considers the preconditions for the emergence, formation and development of the Eurasian Economic Union, within which common markets for goods and services are created, a free flow of capital and labor is ensured, and strategic tasks are set for convergence of national industries into a common supranational industrial complex. The analysis of the industrial potential of the member states of the Eurasian Economic Union showed that there is a tendency to a fall in the volume of manufactured industrial products and a reduction in investments in fixed assets. Based on the results obtained, the article outlines the mechanisms for developing the industrial potential of the Eurasian Economic Union.

Keywords

• eurasian economic union
• volume of industrial production
• industrial potential
• national economy
• innovative development