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European Union vs. Eurasian Union – a brief comparative analysis and perspectives for cooperation

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  • Popescu Raluca Maria

    (Bucharest University of Academic Studies, Bucharest, Romania)

Abstract

The Eurasian Economic Union (EEU) is considered to be the first successful regionalization attempt in the post-Soviet area. It is promoted as an economic organization whose aim is to remove trade barriers, promote integration, cooperation and economic growth in a fragmented and underdeveloped region. The promoters of this organization state that it can represent a platform for dialogue and even cooperation with the European Union, as well as with other international actors. The growing influence of the European Union in the post-Soviet space has been a critical factor in Russia’s determination to update its policy towards regional integration and from the very beginning, the European model was chosen to create the new Union.

Suggested Citation

  • Popescu Raluca Maria, 2021. "European Union vs. Eurasian Union – a brief comparative analysis and perspectives for cooperation," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 15(1), pages 1294-1304, December.
  • Handle: RePEc:vrs:poicbe:v:15:y:2021:i:1:p:1294-1304:n:19
    DOI: 10.2478/picbe-2021-0119
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    References listed on IDEAS

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    1. Evgeny Vinokurov & Alexander Libman, 2014. "Do economic crises impede or advance regional economic integration in the post-Soviet space?," Post-Communist Economies, Taylor & Francis Journals, vol. 26(3), pages 341-358, September.
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    3. Libman, Alexander, 2015. "Ukrainian Crisis, Economic Crisis in Russia and the Eurasian Economic Union," MPRA Paper 63861, University Library of Munich, Germany.
    4. Vinokurov, Evgeny, 2017. "Eurasian Economic Union: Current state and preliminary results," Russian Journal of Economics, Elsevier, vol. 3(1), pages 54-70.
    5. Andrej Krickovic, 2014. "Imperial nostalgia or prudent geopolitics? Russia's efforts to reintegrate the post-Soviet space in geopolitical perspective," Post-Soviet Affairs, Taylor & Francis Journals, vol. 30(6), pages 503-528, November.
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