Abstract

NOABSTRACT

The overview of trade and FDI effects in 2019-2023 in two biggest integration communities of Eurasia: Regional Comprehensive Economic Partnership (RCEP) with 15 members (including ASEAN) and Eurasian Economic Union (EAEU) with 5 countries (including Russia).

The analysis of export, import, and trade balances showed asymmetric trade effects for the RCEP-countries that are focused on regional, intraregional, extra regional trade.

It’s proved that the signing of RCEP agreement raised attractiveness of the region for the FDI. In its contrast, the EAEU has refocused its trade effects on mutual trade with the significant role of Russia as the main FDI investor due to the decoupling from the West.

The difference in economic scale and political effects between RCEP & EAEU reflects different motivation and the barriers for bilateral trade and investment cooperation in the future.

Details

Title
Trade and FDI effects in Eurasia: the cases of RCEP and EAEU
Author
Petrushkevich, Alena 1   VIAFID ORCID Logo  ; Kiryl Rudy 1   VIAFID ORCID Logo 

1  World Economy, Belarus State Economic University, Belarus 
Pages
55-74
Publication year
2025
Publication date
2025
Publisher
De Gruyter Brill Sp. z o.o., Paradigm Publishing Services
ISSN
20833725
e-ISSN
2451182X
Source type
Scholarly Journal
Language of publication
English
DOI
https://doi.org/10.2478/ers-2025-0006
ProQuest document ID
3212367293
Copyright
© 2025. This work is published under http://creativecommons.org/licenses/by/4.0 (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.