Development trends and problems of the Eurasian Economic Union

Abstract

The article examines trends in the development of the Eurasian integration, the problems of the Eurasian Economic Union (EAEC), the prospects for the development of this integration association. Authors try to answer such questions: what should be done to maximize the positive effect of the creation of the EAEC and represent the most important items «on the agenda» of the Union in the coming years.
Key words: integration processes, EAEC, socio-economic development, foreign trade, cross-border investment, labor migration, monetary and financial policy, currency regulations, non-tariff barriers to free trade zone.