Eurasian Economic Union as the most promising direction in foreign trade strategy of Mongolia in regional integration
https://doi.org/10.28995/2073-6304-2021-1-110-118
Abstract
Today, a regional economic integration is one of the main tendencies in global economic development. The world economic globalization is in the formative stage and most of the countries adhere to protectionism with regards to trade and economic co-operation. In those conditions, the countries opt for regional trade and economic integration. Mongolia is a country, which is not sufciently enough participating in regional trade and economic integration. In 2016, Mongolia signed only one Economic Partnership Agreement with Japan. According to the trade theory, FTA is most useful to the countries, which have similar level of economic development. In that case, most favorable direction for Mongolia in regional trade and economic integration is the Eurasian Economic Union.
About the Author
A. Dulguun
Diplomatic Academy of the Ministry of Foreign Affairs
of the Russian Federation
Russian Federation
Russian Federation
Dulguun Altanchulun, postgraduate student
bldg. 1, bld. 53/2, Ostozhenka Street, Moscow, 11902
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Review
For citations:
Dulguun A. Eurasian Economic Union as the most promising direction in foreign trade strategy of Mongolia in regional integration. RSUH/RGGU BULLETIN. Series Economics. Management. Law. 2021;(1):110-118. (In Russ.) https://doi.org/10.28995/2073-6304-2021-1-110-118
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