Working Paper No. 83 / 2024
Working Paper No. 83 / 2024
The following working paper presents the results of foreign economic activity of the Eurasian Economic Union (EAEU) following its establishment. The author carefully analyzes free trade zone agreements (FTZs) as a key tool for developing the Union’s foreign economic relations. Additionally, the author assesses the effectiveness of existing EAEU FTZ agreements with third countries, as well as the outlook for new agreements. This research aims...
... upward trend was characteristic of travel from Russia to other countries in the region as well, and all countries of Southeast Asia were visited by more than 2.5 million Russians in 2019 (see
Table 1
).
Table 1
. Number of Russian tourists traveling in ASEAN countries, 2020–2022 (people)
Country
2019
2020
2021
2022
Brunei Darussalam
No data
175
No data
No data
Cambodia
55,653
21,944
357
14,339
Indonesia
158,943
67,491
8,392
74,143
Laos
12,054
3,144
No data
4,410
Malaysia
79,984
28,694
399
33,003
...
... is too narrow to create a solid fabric of social collaboration between the two nations. Biotechnologies, new energy, digital economy, higher education, transport logistics and tourism are but a partial list of the new opportunities that need to be carefully ... ... east of the Strait of Malacca. As far as this standpoint goes, the central place in the emergent mega-region is assigned to the ASEAN nations rather than the U.S.
Obviously, India will not give up on fostering closer ties with its numerous partners in the ...
... platform of regional development banks could comprise the Eurasian Development Bank (EDB), the Development Bank of South Africa (DBSA), the SAARC Development Fund (SDF), Mercosur Structural Convergence Fund (FOCEM), China Development Bank (CDB), China-ASEAN Investment Cooperation Fund (CAF), and the New Development Bank (NDB). As noted before, within this group of development institutions, the NDB could potentially perform a coordinating role with respect to BRICS+ initiatives.
In terms of cooperation ...
... including the likes of Egypt, Jordan, Thailand and Chile. There are also memoranda signed with trade blocs such as Mercosur and ASEAN on joint cooperation and potential liberalization initiatives. Overall, Russia together with partners from the Eurasian ... ... while at the same time allowing for the significant reserves to be deployed in counter-cyclical fashion as the rest of the world economy is facing a deceleration in growth and scarcity in the arsenal of policy instruments to support economic activity.
Source: ...
... figure of 6 to 6.5 percent is almost double the International Monetary Fund’s’(IMF) prediction of 3.3 percent for the global economy. The Asian Development Bank, which is modelled on the World Bank, has estimated that, if this momentum is maintained, ... ... last year’s figure of around AU$129.5 billion. As for the wider region, according to the Association of Southeast Nation (ASEAN)’s data set, total trade between Russia and ASEAN member countries increased by 40.3 percent from almost AU$17 billion ...
