New Challenges and Prospects of the Eurasian Economic Commission as a Negotiating Platform

Abstract

The study is devoted to the cognitive analysis of the current state of the Eurasian Economic Commission, which is the main institution of integration of the economies of the Western Eurasia. Deconstruction of the European principle of the “four freedoms” that was laid down in the basis of the EAEU allows authors to conclude that further implementation of the latter will lead to the reproduction of the EU’s weaknesses that have become obvious today. Moreover, it will lead to internal conflicts, primarily between corporations, which will be mainly Russian, and the member states. The predictable result will be a decrease in the functionality of the Eurasian Union, which has already taken noticeable forms. It produces the obvious risks of turning of this important negotiating platform into an artifact that does not meet the challenges that arose with the beginning of Russia’s Special military operation. The authors see a way out in «balancing» the principle of «four freedoms», which de facto leads to redistribution of resources in favor of corporations, with the principle of security. The extrapolation of latter to the economic sphere can allow not only to strengthen the regulatory role of states, but also to move to the creation of a production circuit within the Eurasian Economic Union based on the common system of division of labor. In their theoretical constructions, the authors appeal to the successful experience of China, which managed to introduce a system of moral and ethical restrictions for business, and thereby managed to make profitable a «long» investment focused not on the consumption of an individual, but on the prosperity of society as a whole.