State and level of development of integration processes in the EAEU as components of economic security of integration association

Abstract

The article deals with the state and level of development of integration processes in the Eurasian Economic Union and their impact on economic security of integration association on the basis of a range of indicators, such as the share of a member country of integration in trade, exports, imports of each of the member countries, the share of a member country of integration in foreign direct investment, in the total volume of FDI received in each of the member countries. On the basis of the assessment of the EEU integration processes development, threats to its economic security are identified: different level of economic development of the members states; preservation of the export-raw material model of development of Russia, Kazakhstan and Kyrgyzstan; low competitiveness of products of most manufacturers; virtually no trade and investment cooperation between Belarus and Armenia, Kazakhstan and Armenia, Kyrgyzstan and Armenia, Belarus and Kyrgyzstan, Kazakhstan and Belarus. Most of the problems have a root cause - unsolved internal economic problems of the EEU, aggravating and strengthening the impact of external threats.

Keywords

• eurasian economic integration
• integration processes
• economic security
• threats to economic safe of the integration association
• trade cooperation
• investment cooperation