Eurasian Business in Developing Eurasian Economic Integration

Abstract

Aim. The study of the involvement of the business community in the development of Eurasian integration through the reflection of their priorities in the decisions and activities of supranational bodies.Tasks. To analyze the problems of reflecting the interests of the business community in Eurasian integration; to consider the related practical interaction of business with supranational bodies on the example of the activities of the EAEU Business Council; to identify areas of development of integration processes within the EAEU that are promising from the point of view of the business community.Methods. The research uses general scientific and special methods of quantitative and qualitative analysis, as well as the author’s methodology for assessing business involvement in integration processes has been developed and applied.Results. The conducted analysis of valid strategic documents of the Eurasian Economic Union (EAEU) and its supranational bodies using the authors’ technique confirms the considerable and growing role of business in Eurasian economic integration.Conclusions. Trade and investment cooperation under the EAEU demonstrates positive dynamics despite growing international uncertainty and tensions. It is in many ways connected with the proactive stance of Eurasian business, which demonstrates substantial and rising interest towards Eurasian economic integration.The Eurasian supranational bodies pay serious and growing consideration to positions of business community, which positively affect business involvement in institutional dynamics of the EAEU. That is affirmed by adding appropriate tasks to the key documents of the Union and introduction of special mechanisms for promoting business cooperation.