№157 The Eurasian Economic Union – more political, less economic Cover Image

№157 The Eurasian Economic Union – more political, less economic
№157 The Eurasian Economic Union – more political, less economic

Author(s): Aleksandra Jarosiewicz, Ewa Fischer
Subject(s): Economic policy, International relations/trade, Developing nations, Geopolitics
Published by: Ośrodek Studiów Wschodnich im. Marka Karpia
Keywords: Eurasian Economic Union; Eurasia
Summary/Abstract: The Eurasian Economic Union is undoubtedly the most comprehensive form of economic integration of the post-Soviet countries since the break-up of the Soviet Union. However, the way in which the integration process has been unfolding, as well as Russia's aggressive policy over the last year, are indications that the EEU has become primarily a political project, and the importance of its economic aspects has eroded. This has triggered a change in the way Kazakhstan and Belarus treat the EEU. Initially, the two countries viewed integration as an opportunity for the development of genuine economic co-operation. However, Russia's annexation of Crimea and the conflict in Ukraine have revealed the real significance of the EEU project – as a tool to reinforce Russian influence in the post-Soviet area and isolate the post-Soviet countries from the West and China.

  • Page Count: 8
  • Publication Year: 2015
  • Language: English