E3S Web of Conferences (Jan 2024)
Assessment of the current state of economic integration of the member-states of the Eurasian economic union under food security
Abstract
This paper conducts a comprehensive examination of the current state of economic integration among the member-states of the Eurasian Economic Union with a specific focus on its implications for food security. Established in 2015, the EAEU comprises Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia, and endeavors to create a common economic space to foster mutual cooperation. Against the backdrop of global challenges, the nexus between economic integration and food security within the EAEU emerges as a critical aspect warranting careful scrutiny. The study employs a multidimensional approach, analyzing trade patterns, agricultural policies, and collaborative initiatives among member-states to elucidate the existing dynamics of economic integration and their impact on the food security landscape. By examining the interplay between the free movement of goods, services, capital, and labor, the research aims to identify strengths, weaknesses, opportunities, and threats in achieving a resilient and sustainable food supply for the union’s populations. The findings of this study contribute to the understanding of the intricate relationship between economic integration and food security, offering insights that can inform policy decisions within the EAEU. In unraveling the complexities of this multifaceted nexus, the research seeks to guide the union toward a more secure and prosperous future, emphasizing the importance of nuanced strategies to address evolving global challenges. This paper serves as a valuable resource for policymakers, researchers, and stakeholders interested in the intersection of economic integration and food security within regional economic unions.