The Development Trajectory of the Eurasian Economic Union Is a One-Way Road

Abstract

The EAEU, as one of the key integration associations of our time, is at the initial stage of its life cycle. This fact objectively presupposes, along with undoubted successes, the need for the EAEU to function in a problematic field, in the face of certain challenges, threats and risks. The main challenge to Eurasian integration is the “zero carbon footprint” and the EU’s intention to introduce a cross-border carbon tax as a tool for climate regulation. For a Eurasian response to the global challenge of zero carbon footprint, it is advisable to create an exchange of absorbing emissions within the EAEU. Experimental approaches, such as the introduction of an export duty on the carbon footprint, should to be used to create a funding mechanism for scientific and technical cooperation.

Keywords

• eaeu
• rating
• zero carbon footprint
• carbon hub
• scientific and technical cooperation
• export duty