The Eurasian Economic Union, a time of crisis

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1. Verfasser: Strzelecki, Jan (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Warszawa [Poland] Ośrodek Studiów Wschodnich im. Marka Karpia 2016
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500 |a The Eurasian Economic Union (EaEU), a project forced through by Russia which links it to Kazakhstan, Belarus, Armenia and Kyrgyzstan, is currently struggling with serious problems. The economic crisis in Russia - mainly caused by the fall in the price of oil on world markets and exacerbated by sanctions imposed by Western countries in connection with the Ukraine conflict - is affecting these uncompetitive post-Soviet economies which are dependent on Russia. This has resulted in increased economic and political tension among the members of the EaEU. From Russia's point of view, however, the EaEU project remains useful, because it is not economic integration that is Moscow's priority. The Union remains its most important instrument for implementing the Kremlin's geo-political objectives, in particular maintaining its sphere of influence and preventing post-Soviet countries from integrating with the West, as well as restricting their rapprochement with China. Moscow is pushing for the EaEU to include new countries, strengthening its tools for political dominance within the Union, and promoting its project on the international stage. However, the future of this project will depend on both the continued determination of the Kremlin, and whether the other countries can change the rules for integration by taking advantage of the current crisis 
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Datensatz im Suchindex

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spelling Strzelecki, Jan Verfasser aut
The Eurasian Economic Union, a time of crisis Jan Strzelecki
Warszawa [Poland] Ośrodek Studiów Wschodnich im. Marka Karpia 2016
Frankfurt M. CEEOL 2016
1 Online-Ressource(1 p. 8)
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The Eurasian Economic Union (EaEU), a project forced through by Russia which links it to Kazakhstan, Belarus, Armenia and Kyrgyzstan, is currently struggling with serious problems. The economic crisis in Russia - mainly caused by the fall in the price of oil on world markets and exacerbated by sanctions imposed by Western countries in connection with the Ukraine conflict - is affecting these uncompetitive post-Soviet economies which are dependent on Russia. This has resulted in increased economic and political tension among the members of the EaEU. From Russia's point of view, however, the EaEU project remains useful, because it is not economic integration that is Moscow's priority. The Union remains its most important instrument for implementing the Kremlin's geo-political objectives, in particular maintaining its sphere of influence and preventing post-Soviet countries from integrating with the West, as well as restricting their rapprochement with China. Moscow is pushing for the EaEU to include new countries, strengthening its tools for political dominance within the Union, and promoting its project on the international stage. However, the future of this project will depend on both the continued determination of the Kremlin, and whether the other countries can change the rules for integration by taking advantage of the current crisis
Economic policy
International relations/trade
Geopolitics
spellingShingle Strzelecki, Jan
The Eurasian Economic Union, a time of crisis
Economic policy
International relations/trade
Geopolitics
title The Eurasian Economic Union, a time of crisis
title_auth The Eurasian Economic Union, a time of crisis
title_exact_search The Eurasian Economic Union, a time of crisis
title_full The Eurasian Economic Union, a time of crisis Jan Strzelecki
title_fullStr The Eurasian Economic Union, a time of crisis Jan Strzelecki
title_full_unstemmed The Eurasian Economic Union, a time of crisis Jan Strzelecki
title_short The Eurasian Economic Union, a time of crisis
title_sort the eurasian economic union a time of crisis
topic Economic policy
International relations/trade
Geopolitics
topic_facet Economic policy
International relations/trade
Geopolitics
work_keys_str_mv AT strzeleckijan theeurasianeconomicunionatimeofcrisis