Geoeconomic Connectivity Trends in the Area from Lisbon to Vladivostok Dmitry Erokhin – Elena Rovenskaya – Sergey Tkachuk The COVID-19 pandemic has escalated two seemingly antagonistic trends. On the one hand, many countries are increasingly taking a national perspective in response to various challenges, ranging from migration to dealing with the new coronavirus. On the other hand, it has become clear that it is impossible to solve major global crises without strong, broad-based international cooperation. Economic integration is one important channel of international cooperation. This article analyses the existing integration processes in the area from Lisbon to Vladivostok, led by the European Union (EU) and the Eurasian Economic Union (EAEU), considers future factors that could significantly affect integration in the region, provides qualitative and quantitative scenarios for the development of relations between the EU and the EAEU, and suggests revising the approach to integration from focusing on eliminating tariffs to facilitating mutually beneficial cooperation agendas in various sectors in a flexible and open manner. Journal of Economic Literature (JEL) codes: F02, F13, F15 Keywords: economic integration, geoeconomics, EU, EAEU, fair trade
Dmitry Erokhin is a Research Assistant of the Advancing Systems Analysis Program, International Institute for Applied Systems Analysis (IIASA), Austria. Email: erokhin@iiasa.ac.at Elena Rovenskaya is the Program Director of the Advancing Systems Analysis Program, International Institute for Applied Systems Analysis (IIASA), Austria. Email: rovenska@iiasa.ac.at Sergey Tkachuk is an Assistant to the Minister for Integration and Macroeconomics of the Eurasian Economic Commission, Russia.
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