Integration Potential in Energy Sector: Eurasian Economic Union Case

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Abstract

Using the potential of regional integration in different spheres may enhance the overall integration effect for the member states and contribute to more intensive modernization of the union economy. Due to historical conditions and a certain number of economic factors energy sector is one of the priority areas of cooperation for the Eurasian Economic Union countries. This study aims to assess the interconnection of the integration and energy Eurasian Economic Union (EAEU) agendas, based on the theory and practice of regional economic and energy integration. The findings from the research illustrate how formation of a common energy space due to integration of resource, economic, scientific and technological potential, will contribute to the deepening of integration processes and improving the competitiveness of the EAEU countries in the foreign markets.

Keywords: Energy Sources, Eurasian Economic Union, Integration

JEL Classifications: F02, Q40

DOI: https://doi.org/10.32479/ijeep.7426

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Author Biographies

Angelina A. Kolomeytseva, Moscow State Institute of International Relations, MGIMO-University

Ph.D., Senior Lecturer, Department of International Economic Relations and External Affairs

Maria A. Maksakova, Moscow State Institute of International Relations, MGIMO-University

Ph.D., Assistant Professor, Department of International Economic Relations and External Affairs

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Published

2019-02-14

How to Cite

Kolomeytseva, A. A., & Maksakova, M. A. (2019). Integration Potential in Energy Sector: Eurasian Economic Union Case. International Journal of Energy Economics and Policy, 9(2), 174–181. Retrieved from http://econjournals.com/index.php/ijeep/article/view/7426

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