DOI: 10.33917/es-5.203.2025.34-39

The article identifies characteristics and development trends of the stock markets of the EAEU member countries in the context of the digital economy’s development. It outlines the main challenges facing the development of the stock markets of the EAEU countries. The author substantiates the importance of harmonizing national legislation and creating a common digital architecture to improve the efficiency of risk management and to strengthen integration of the stock markets of the EAEU member countries. It is concluded that digital transformation is a key factor in overcoming differences in the development of stock markets in the EAEU countries.

References:

1. Terenichenko A.A. Sravnitel’no-pravovoy analiz razvitiya rynka tsennykh bumag stran — uchastnits Evraziyskogo ekonomicheskogo soyuza [Comparative Legal Analysis of the Development of the Securities Market of the Countries Participating in the Eurasian Economic Union]. Agrarnoe i zemel’noe pravo, 2017, no 3(147), pp. 42–46.

2. Kulakova E.V. Vozmozhnosti i perspektivy integratsii EAES v finansovoy sfere [Opportunities and Prospects for Integration of the EAEU in the Financial Sector]. Mir novoy ekonomiki, 2017, no 2, pp. 38–45.

3. Shvaygert D.V. Institutsional’noe razvitie integratsii infrastrukturnykh organizatsiy fondovykh rynkov SNG i EAES [Institutional Development of Integration of Infrastructure Organizations of Stock Markets of the CIS and the EAEU]. Human Progress, 2015, vol. 1, no 4, pp. 60–79.

4. Dogovor o Evraziyskom ekonomicheskom soyuze (podpisan v g. Astane 29 maya 2014 g.) (red. ot 25 maya 2023 g.) (s izm. i dop., vstup. v silu s 24 iyunya 2024 g.) [Treaty on the Eurasian Economic Union (signed in Astana on May 29, 2014) (as amended on May 25, 2023) (as amended and supplemented, entered into force on June 24, 2024)]. Konsul’tant, available at: https://www.consultant.ru/document/cons_doc_LAW_163855/

5. Principles of the trading system. WTO, available at: https://www.wto.org/english/thewto_e/whatis_e/tif_e/fact2_e.htm

6. Prilozhenie N 17 k Dogovoru o Evraziyskom ekonomicheskom soyuze (Protokol po finansovym uslugam) [Appendix No. 17 to the Treaty on the Eurasian Economic Union (Protocol on Financial Services)]. Konsul’tant, available at: https://www.consultant.ru/document/cons_doc_LAW_163855/6e98d66c53206813800fdef7b3692dbc90f83c79/#dst103788

7. Prilozhenie N 1 k Protokolu po finansovym uslugam [Appendix No. 1 to the Protocol on Financial Services]. Konsul’tant, available at: https://www.consultant.ru/document/cons_doc_LAW_163855/823373b5e42b9e5d815887166f0f639070b50f13/#dst103974

8. Kontseptsiya formirovaniya obshchego finansovogo rynka EAES [The Concept of Forming a Common Financial Market of the EAEU]. EEK, available at: https://eec.eaeunion.org/comission/department/dofp/conception.php

9. Rasporyazhenie Soveta Evraziyskoy ekonomicheskoy komissii ot 23 noyabrya 2020 g. N 27 “O plane meropriyatiy po garmonizatsii zakonodatel’stva gosudarstv — chlenov Evraziyskogo ekonomicheskogo soyuza v sfere finansovogo rynka” [Order of the Council of the Eurasian Economic Commission of November 23, 2020 No. 27 “On the Action Plan for the Harmonization of the Legislation of the Member States of the Eurasian Economic Union in the Financial Market”]. EEK, available at: https://www.consultant.ru/document/cons_doc_LAW_371826/1c69fbe37d5087eb211e769dda5826d3b35fba97/

DOI: 10.33917/es-1.199.2025.24-33

This article is devoted to the anniversary of the Eurasian Economic Union, which began to function on January 1, 2015. In the article, the authors analyze the difficult historical path of the evolution of Eurasian integration cooperation in the post-Soviet space, the formation of integration ideas and their implementation. The motivations, practice and complex circumstances of the ongoing processes of Eurasian integration are considered.

References:

1. Demografiya v tsifrakh. Statistika Evraziyskoy ekonomicheskoy komissii: Evraziyskaya ekonomicheskaya komissiya [Demography in Figures. Statistics of the Eurasian Economic Commission: Eurasian Economic Commission]. Moscow, 2023, 70 p.

2. Dogovor o Evraziyskom ekonomicheskom soyuze ot 29 maya 2014 g. [Treaty on the Eurasian Economic Union of May 29, 2014]. Ofitsial’nyy sayt Evraziyskoy ekonomicheskoy komissii; Ofitsial’nyy internet-portal pravovoy informatsii, available at: http://www.eurasiancommission.org; http://pravo.gov.ru

3. EAES. Evraziyskaya ekonomicheskaya komissiya. 2020–2023 [EAEU. Eurasian Economic Commission. 2020–2023], available at: https://eec.eaeunion.org/

upload/medialibrary/807/EEC-Book-2020_2023.pdf

4. Oblizina V.V. Integratsionnye protsessy v Evraziyskom ekonomicheskom soobshchestve: institutsional’nye osnovy i tekhnologii realizatsii: diss. … kand.

polit. nauk [Integration Processes in the Eurasian Economic Community: Institutional Foundations and Implementation Technologies: diss…. Candidate of Political Sciences]. N. Novgorod, 2007, 161 p.

5. Soglashenie o sozdanii Sodruzhestva Nezavisimykh Gosudarstv (vmeste s Protokolom k Soglasheniyu o sozdanii Sodruzhestva Nezavisimykh Gosudarstv, podpisannomu 8 dekabrya 1991 g. v g. Minske Respublikoy Belarus’, Rossiyskoy Federatsiey (RSFSR), Ukrainoy); protokol podpisan v g. Alma-Ate 21 dekabrya 1991 g. [Agreement on the Establishment of the Commonwealth of Independent States (together with the Protocol to the Agreement on the Establishment

of the Commonwealth of Independent States, signed on December 8, 1991 in Minsk by the Republic of Belarus, the Russian Federation (RSFSR), and Ukraine);

the protocol was signed in Alma-Ata on December 21, 1991]. Sodruzhestvo. Informatsionnyy vestnik Sovetov glav gosudarstv i pravitel’stv SNG, 1992, Vyp. 1, pp. 6–8, 11.

6. Reshenie Soveta glav gosudarstv SNG “O prinyatii Ustava SNG” (vmeste s Ustavom Sodruzhestva Nezavisimykh Gosudarstv) (prinyato v g. Minske 22 yanvarya 1993 g.) (s izm. ot 19 sentyabrya 2003 g.) [Decision of the Council of Heads of State of the CIS “On the Adoption of the CIS Charter” (together with the Charterof the Commonwealth of Independent States) (adopted in Minsk on January 22, 1993) (as amended on September 19, 2003)]. Sodruzhestvo. Informatsionnyy

vestnik Sovetov glav gosudarstv i pravitel’stv SNG, 1993, no 1; Byulleten’ mezhdunarodnykh dogovorov, 1994, no 1.

7. Soglashenie o koordinatsionnykh institutakh SNG ot 21 dekabrya 1991 g. [Agreement on the CIS Coordinating Institutions of December 21, 1991]. Vedomosti SND i VS RF, 1991, 19 dekabrya, no 51, st. 1798; Sodruzhestvo. Informatsionnyy vestnik Soveta glav gosudarstv i Soveta glav pravitel’stv SNG, 1992, no 1.

DOI: 10.33917/es-2.188.2023.36-43

The article analyzes historical development of the Russian-Turkmenistan relations. Multi-vector nature and flexibility in the development of a strategic partnership with Turkmenistan is substantiated. The author concludes that Russian-Turkmenistan relations should not be limited only to cooperation in the gas sector, but should develop dynamically towards formation of transport and logistics corridors, development of the tourist industry and communications modernization.

References:

1. Parizhskaya rech’ generala v ego kvartire na ryu Pent’er pered serbskimi studentami “Zavety slavyanstvu” [“Testaments to the Slavs”, Parisian Speech of the General in his Apartment on Rue Pentier to Serbian Students]. Sitaty.info, available at: https://citaty.info/man/mihail-skobelev.

2. Mezhgosudarstvennye otnosheniya Rossii i Turkmenii [Interstate Relations between Russia and Turkmenistan]. RIA “Novosti”, 2022, 10 iyunya, available at: https://ria.ru/20220610/turkmeniya-1794373218.html.

3. BP Statistical Review of World Energy 2020. 69th edition, available at: https://www.bp.com/content/dam/bp/business-sites/en/global/corporate/pdfs/energy-economics/statistical-review/bp-stats-review-2020-full-report.pdf.

4. BP Statistical Review of World Energy 2020. 71th edition, available at: https://www.bp.com/content/dam/bp/business-sites/en/global/corporate/pdfs/
energy-economics/statistical-review/bp-stats-review-2022-full-report.pdf.

5. Vyakhirev gotov k kompromissu [Vyakhirev is Ready to Compromise]. Nezavisimaya gazeta, 1999, 18 dekabrya, available at: https://www.ng.ru/cis/1999-12-18/5_viahirev.html.

6. V Ashkhabade sostoyalsya shestoi Kaspiiskii sammit [The Sixth Caspian Summit was Held in Ashgabat]. Rossiiskaya gazeta, 2022, 29 iyunya, available at: https://rg.ru/2022/06/29/bereg-druzej.html.

7. Kaspiiskoe sotrudnichestvo kak sposob resheniya ekonomicheskikh problem Turkmenistana [Caspian Cooperation as a Way to Solve Turkmenistan’s Economic Problems]. CABAR, available at: https://cabar.asia/ru/

8. Citaty.info, available at: https://citaty.info/man/mihail-skobelev.

9. Turkmenistan prizyvaet strany Kaspiya k rasshireniyu transportnogo sotrudnichestva [Turkmenistan Calls on the Caspian Countries to Expand Transport Cooperation]. Bol’shaya Aziya, 2022, 7 oktyabrya, available at: https://bigasia.ru/content/news/businness/turkmenistan-prizyvaet-strany-kaspiyak-rasshireniyu-transportnogo-sotrudnichestva/

10. Proekt Turkmenbashinskogo mezhdunarodnogo porta [The Project of the Turkmenbashi International Port]. GAP.INSAAT, available at: https://www.gapinsaat.com/ru/infrastructure/international-turkmenbasi-seaport-project.html.

11. Cherez mezhdunarodnyi port Turkmenbashi (Turkmenistan) eksportirovano bolee 6,5 mln tonn gruzov [More than 6.5 million tons of Cargo were Exported Hhrough the International Port of Turkmenbashi (Turkmenistan)]. Internet-portal SNG, 2022, 2 sentyabrya, available at: https://e-cis.info/news/567/102962/

DOI: https://doi.org/10.33917/es-4.184.2022.56-69

The world has been scared by the collapse of the dollar many times. So far, fears of a global economic collapse, associated with the fate of the dollar, have been greatly exaggerated. However, there are no significant guarantees that this will not happen under certain conditions. Variants of the Atlantic-planned collapse of the dollar with its replacement by a synthetic financial instrument o r digital currency, somehow similar to bitcoin, are possible. COVID-19 has further revealed this problem. Russia needs to abandon its illusions and to be ready to ensure the economic stability of political regime in a special period as manifestation of the world monetary and economic war of all against all at a certain stage of the catastrophe, while waiting for the main actors to agree on joint actions. At the same time, among our geopolitical competing partners, there are a lot of those who want by all means to solve their economic and other problems at the expense of Russia. Therefore,  macroeconomic measures that Russia will have to take in case of a global dollar collapse are very likely to be more severe than the scenario that the authors formulated in this article.

Источники:

1. Makarov V.L., Bakhtizin A.R., Il’in N.I., Sushko E.D. Natsional’naya bezopasnost’ Rossii [National Security of Russia]. Ekonomicheskie strategii, 2020, no 5, pp. 6–23, available at: DOI: 10.33917/es-5.171.2020.6-23.

2. Ageev A.I., Loginov E.L. Coronavirus superstrategy: mirovaya proektsiya finansovoi modeli catastrophe just-in-time dlya vykhoda iz krizisa na novuyu geoekonomicheskuyu normal’nost’ [Coronavirus Superstrategy: Global Projection of the “Just-in-time Catastrophe’s” Financial Model for Overcoming the Crisis and Entering into a New Geo-Economic Normality]. Ekonomicheskie strategii, 2020, no 4, pp. 6–19, available at: DOI: 10.33917/es-4.170.2020.6-19.

3. Na poroge monetarnoi kul’minatsii [On the Brink of a Monetary Climax]. Livejournal, Spydell, 2021, August, 25, available at: https://spydell.livejournal.com/699002.html.

4. Fiskal’nyi ad [Fiscal Hell]. Livejournal, Spydell, 2021, April, 21, available at: https://spydell.livejournal.com/698446.html.

5. Ageev A.I., Loginov E.L. New Deal – 2008 — “novaya sdacha”. Bludnye ucheniki Franklina Ruzvel’ta [“New Deal” – 2008. Lost Followers of Franklin Roosevelt]. Ekonomicheskie strategii, 2009, no 2, pp. 30–37

6. Ageev A.I., Loginov E.L. Formirovanie novoi modeli valyutno-finansovoi politiki pri upravlenii natsional’nymi zolotovalyutnymi rezervami Rossii [Forming a New Model of Monetary Policy while Managing the National Foreign Exchange Reserves of Russia]. Ekonomicheskie strategii, 2016,

no 3, no 8–15.

7. Ageev A.I., Loginov E.L. Institutsional’nye mekhanizmy snizheniya mul’tifaktornykh riskov dlya valyutno-finansovoi sistemy Rossii i EAES v usloviyakh nelineinoi ekonomicheskoi dinamiki [Institutional Mechanisms for Reducing Multifactor Risks for Monetary-financial System of Russia and the EAEU in the Context of Nonlinear Economic Dynamics]. Monografiya. Moscow, Institut ekonomicheskikh strategii, 2017.

DOI: https://doi.org/10.33917/es-1.181.2022.58-71

This article is devoted to the activities on the formation of common markets for oil and petroleum products of the Eurasian Economic Union. At the same time, these common markets are considered by the author as a factor in ensuring the interests of the national economies of the member states of the Eurasian Economic Union, contributing to increasing the level of economic integration of the member states. It is noted that relations currently in the oil sector within the Union are carried out on a bilateral basis within the framework of intergovernmental agreements. Certain issues of ensuring energy security are considered, it is noted that the key goal of ensuring the energy security of the Union should be, first of all, maintaining the energy resource base of each Member State and the Union as a whole.

Источники:

1. Dogovor o Evraziiskom ekonomicheskom soyuze ot 29 maya 2014 g. [Treaty on the Eurasian Economic Union of May 29, 2014]. Ministerstvo ekonomicheskogo razvitiya Rossiiskoi Federatsii, available at: https://www.economy.gov.ru/material/file/2bbbbf9ae33443d533d855bf2225707e/Dogovor_ees.pdf.

2. Kontseptsiya formirovaniya obshchikh rynkov nefti i nefteproduktov Soyuza, utverzhdennaya Resheniem Vysshego Evraziiskogo ekonomicheskogo soveta ot 31 maya 2016 g. N 8 [The Concept of Forming Common Markets for Oil and Oil Products of the Union, Approved by Decision of the Supreme Eurasian Economic Council Dated May 31, 2016 No. 8]. Kodeks, available at: https://docs.cntd.ru/document/456006395.

3. Programma formirovaniya obshchikh rynkov nefti I nefteproduktov Soyuza, utverzhdennaya Resheniem Vysshego Evraziiskogo ekonomicheskogo soveta ot 6 dekabrya 2018 g. N 23 [The Program for Forming Common Markets for Oil and Oil Products of the Union, Approved by Decision of the Supreme Eurasian Economic Council Dated December 6, 2018 No. 23]. Kodeks, available at: https://docs.cntd.ru/document/551866200.

4. Zakrevskii V.A. Obshchii rynok nefti EAES kak universal’nyi integrator [The EAEU Common Oil Market as a Universal Integrator]. NEFT’ i kapital. Analiticheskii zhurnal, 2021, no 9, September, pp. 36–40.

5. Glikman O.V., Nazarova A.U. Mezhdunarodno-pravovye osnovy energeticheskogo sotrudnichestva gosudarstv — chlenov Evraziiskogo ekonomicheskogo soyuza [International Legal Framework for Energy Cooperation Between the Member States of the Eurasian Economic Union]. Pravo i upravlenie. XXI vek, 2020, no 1, pp. 28–35.

6. Evraziiskii ekonomicheskii soyuz: tsifry i fakty. 2020. Energetika i infrastruktura [Eurasian Economic Union: Figures and Facts. 2020. Energy and Infrastructure]. Evraziiskaya ekonomicheskaya komissiya, 2020, pp. 23–24, available at: http://www.eurasiancommission.org/ru/Documents/3264_ЕЭК_ЦИФ%20-%202020_энергетикаИинфраструктура.pdf.

7. Romanova V.V. Problemy mezhdunarodno-pravovoi unifikatsii v sfere energetiki i garmonizatsii zakonodatel’stva gosudarstv — uchastnikov mezhdunarodnykh energeticheskikh rynkov na primere evraziiskoi ekonomicheskoi integratsii [Problems of International Legal Unification in the Field of Energy and Harmonization of the Legislation of States Participating in International Energy Markets on the Example of Eurasian Economic Integration]. Pravovoi energeticheskii forum, 2015, no 3, pp. 12–18.

DOI: https://doi.org/10.33917/es-5.179.2021.54-65

In the subject area of macroeconomic indicators there is currently not only an active search for new solutions, but also their almost continuous implementation in the practice of macroeconomic regulation. Multiple crisis processes in the world economy and politics, unfolding technological transformation, sharp manifestation of medical and biological threats have created additional impulses for forming and applying new models for assessing macroeconomic realities and a set of sustainable development problems. In the practice of world integration associations and the EAEU in particular, considerable experience has been accumulated in applying the systems of macroeconomic indicators with threshold values and procedures for responding to their violations. Critical analysis of the current system of macroeconomic indicators in the EAEU made it possible to substantiate a new vision of both the composition of indicators of sustainable economic development of the EAEU member states and assessment criteria as well as threshold values.

DOI: 10.33917/mic-4.93.2020.5-11

The article discusses the problems of digital monitoring of international settlements with the cooperated structure of the EAEU financial and stock markets as multi-agent systems. The introduction of a digital platform with analytical services for the identification of cluster monetary and financial interpretations of the observed operations and the identification of real beneficiaries (hidden control centers) of operating schemes and transaction chains of specific financial operators is justified. It is proposed to build a computationally observable object-resource base of electronic transactions that allows you to track the movement [including budget] of each ruble or other non-cash currency through any number of accounts that serve as the basis for establishing all participants in the financial chain.

DOI: 10.33917/mic-2.91.2020.5-12

The article discusses the problems of creating a digital model for increasing transparency and the success of ensuring control over the movement of assets between participants in commodity, financial and property transactions within the framework of the EAEU financial system. It is proposed to increase the observability of any segments of the financial system, which can be digitally structured by electronic digital identification of each currency in the monitoring spaces of digital financial assets. The results of the analysis can be used to optimize the operational dynamics of electronic transactions of explicit alliances and informal cartels of financial agents in the observed space of digital formats of financial communications, taking into account the movement of funds in various forms and denominated in different currencies.

DOI: 10.33917/es-8.166.2019.48-57

Over 5 years after the signing of the Treaty on the Eurasian Economic Union, the experience of the integration process has been accumulated, its pros and cons, potential and obstacles for a new stage in the development of the EAEU have been identified. The accuracy of estimates of the 5-year integration dynamics affects the effectiveness of decisions on further integration. A complete, reliable, qualitative statistical assessment of the economic condition of the Union is a necessary basis for the successful dynamics of the Union at a new stage

DOI: 10.33917/es-7.165.2019.74-77

The Treaty on the Eurasian Economic Union (EAEU), signed on May 29, 2014, entered into force on January 1, 2015. The purpose of the Union is to provide conditions for the stable economic development of member states by improving the living standards of the population, comprehensive modernization, cooperation and increasing the competitiveness of national economies. Armenia became part of the EAEU 2015 on January 2. At the same time, the most important problems for all countries remain: the problem of diversification of national industry; low competitiveness of the products of most manufacturers, a low share of high-tech products in exports, virtually no trade and investment cooperation between individual pairs of countries, the degree of public confidence in the integration group. The article discusses issues related to the economic development of Armenia within the EAEU, mutual trade with the EAEU member countries, the attitude of the population to the EAEU; the positive and negative aspects of Armenia’s participation in the EAEU, as well as possible ways to strengthen integration within the EAEU are revealed