The Bulletin of the Institute of Economics of the Russian Academy of Sciences № 3/2024.  World Economy and International Relations. 

Artem G. Pylin

Cand. Sci. (Econ.), Associate Professor, Leading Researcher at the Institute of Economics of the Russian Academy of Sciences, Moscow, Russia

ORCID: 0000-0002-1979-3624

 

TRENDS IN TRADE AND ECONOMIC COOPERATION BETWEEN RUSSIA AND CENTRAL ASIAN COUNTRIES

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Abstract

The paper analyzes the main trends in economic cooperation between Russia and the Central Asian states for the period 2021–2023 years in the context of Russian interests. The factors of economic interaction are analyzed taking into account the growing potential of the countries of the region. It is established that amid geopolitical tensions and large-scale anti-Russian sanctions of the West, the geo-economic importance of the Central Asian countries for the Russian Federation has increased significantly. The dynamics and structure of trade, investment and migration relations between Russia and the countries of the region are studied. The role of intermediated trade and relocation in enhancing economic cooperation is particularly noted. Joint projects in the transport and energy sectors are being considered. Industrial partnership stands out among the promising areas of cooperation, including through the joint formation of industrial zones.

Keywords: Russia, Central Asia, economy, sanctions, trade, investment, migration, transport, energy, industrial cooperation.

JEL: F15, O57, P27

EDN: LVLEXA

DOI: https://doi.org/10.52180/2073-6487_ 2024_3_76_87

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Manuscript submission date: 04.06.2024  

 

For citation:

Pylin A.G. Trends in trade and economic cooperation between Russia and Central Asian countries // Vestnik Instituta Ekonomiki Rossiyskoy Akademii Nauk. 2024. № 3. Pp. 76-87. (In Russ.). https://doi.org/10.52180/2073-6487_2024_3_76_87  EDN: LVLEXA

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