IDEAS home Printed from https://ideas.repec.org/a/vrs/ecoreg/v18y2025i1p55-74n1006.html
   My bibliography  Save this article

Trade and FDI effects in Eurasia: the cases of RCEP and EAEU

Author

Listed:
  • Petrushkevich Alena

    (World Economy, Belarus State Economic University, Belarus)

  • Rudy Kiryl

    (World Economy, Belarus State Economic University, Belarus)

Abstract

Subject and purpose of work The overview of trade and FDI effects in 2019-2023 in two biggest integration communities of Eurasia: Regional Comprehensive Economic Partnership (RCEP) with 15 members (including ASEAN) and Eurasian Economic Union (EAEU) with 5 countries (including Russia). Materials and methods The analysis of export, import, and trade balances showed asymmetric trade effects for the RCEP-countries that are focused on regional, intraregional, extra regional trade. Results It’s proved that the signing of RCEP agreement raised attractiveness of the region for the FDI. In its contrast, the EAEU has refocused its trade effects on mutual trade with the significant role of Russia as the main FDI investor due to the decoupling from the West. Conclusions The difference in economic scale and political effects between RCEP & EAEU reflects different motivation and the barriers for bilateral trade and investment cooperation in the future.

Suggested Citation

  • Petrushkevich Alena & Rudy Kiryl, 2025. "Trade and FDI effects in Eurasia: the cases of RCEP and EAEU," Economic and Regional Studies / Studia Ekonomiczne i Regionalne, Sciendo, vol. 18(1), pages 55-74.
    • Handle: RePEc:vrs:ecoreg:v:18:y:2025:i:1:p:55-74:n:1006
    DOI: 10.2478/ers-2025-0006
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/ers-2025-0006
    Download Restriction: no
    File URL: https://libkey.io/10.2478/ers-2025-0006?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Chaisse Julien & Pomfret Richard, 2019. "The RCEP and the Changing Landscape of World Trade : Assessing Asia-Pacific Investment Regionalism Next Stage," The Law and Development Review, De Gruyter, vol. 12(1), pages 159-190, January.
    2. Minchung Hsu & Junsang Lee & Roberto Leon-Gonzalez & and Yanqing Zhao, 2019. "Tax incentives and foreign direct investment in China," Applied Economics Letters, Taylor & Francis Journals, vol. 26(9), pages 777-780, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Aneta Bobenič Hintošová & František Sudzina & Terézia Barlašová, 2021. "Direct and Indirect Effects of Investment Incentives in Slovakia," JRFM, MDPI, vol. 14(2), pages 1-12, February.
    2. Saeed Solaymani, 2020. "Assessing the economic and social impacts of fiscal policies," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 47(3), pages 671-694, March.
    3. Jen-Yao Lee & Ya-Chuan Hsiao & Ngochien Bui & Tien-Thinh Nguyen, 2021. "Inward Foreign Direct Investment and Trade Openness in Vietnam: A Nonlinear Autoregressive Distributed Lag Approach," Economies, MDPI, vol. 9(3), pages 1-18, August.
    4. Eduardo Polloni-Silva & Guilherme Augusto Roiz & Enzo Barberio Mariano & Herick Fernando Moralles & Daisy Aparecida Nascimento Rebelatto, 2022. "The Environmental Cost of Attracting FDI: An Empirical Investigation in Brazil," Sustainability, MDPI, vol. 14(8), pages 1-14, April.
    5. Duong Hoang Vu & Drahomíra Pavelková & Milan Damborský, 2023. "Tax holidays and profit-repatriation rates for FDI firms: the case of the Czech Republic," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-12, December.
    6. Dong, Kangyin & Shahbaz, Muhammad & Zhao, Jun, 2022. "How do pollution fees affect environmental quality in China?," Energy Policy, Elsevier, vol. 160(C).

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:ecoreg:v:18:y:2025:i:1:p:55-74:n:1006. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.