Effects of mutual and foreign trade of the member states of the Eurasian Economic Union: factors of containment and growth

Abramov Valery Leonidovich

The article analyzes the current state as well as the development factors of the single market of goods of the Eurasian Economic Union (Union). Posi-tive effects have been revealed in the mutual and foreign trade of the inte-gration association, considerable attention has been paid to the research of the factors holding back the growth of volumes of mutual trade. Offers and recommendations on increasing the effectiveness of the Eurasian inte-gration are formulated.

Keywords:bilateral trade, Eurasian economic Union, the performance of mutual and foreign trade, integration effects, factors, competitiveness.