EAEU Expands International Cooperation: Latin American Trend

Integration associations are trying to expand their composition or sphere of interaction / influence. In modern international relations, the importance of transregionalism is increasing due to strengthening interdependence of countries at the global level and the formation for a new architecture of...

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Autores principales: E. K. Berezina, A. V. Toropygin
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RU
Publicado: North-West institute of management of the Russian Presidential Academy of National Economy and Public Administration 2021
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Acceso en línea:https://doaj.org/article/c98f808f66ac424c8ee0d3313c58fa61
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spelling oai:doaj.org-article:c98f808f66ac424c8ee0d3313c58fa612021-11-12T10:46:14ZEAEU Expands International Cooperation: Latin American Trend1726-11391816-859010.22394/1726-1139-2021-3-43-57https://doaj.org/article/c98f808f66ac424c8ee0d3313c58fa612021-05-01T00:00:00Zhttps://www.acjournal.ru/jour/article/view/1663https://doaj.org/toc/1726-1139https://doaj.org/toc/1816-8590Integration associations are trying to expand their composition or sphere of interaction / influence. In modern international relations, the importance of transregionalism is increasing due to strengthening interdependence of countries at the global level and the formation for a new architecture of the world economy. The Eurasian Economic Union (EAEU) is trying to integrate itself into the world economy as an independent regional economic center and increase its competitiveness. Therefore, the Eurasian Economic Union seeks to develop transregional interaction with various regions, including Latin American and the Caribbean countries that caused the increasing role of Latin America in the context of the formation for a polycentric world system. The aim of the study is to identify transregional interaction specifics between the Eurasian Economic Union and Chile, Peru, Ecuador, Cuba, and Argentina. On the basis of a comparative analysis of political and legal documents on cooperation, according to legal forms, institutional mechanisms and areas of cooperation the authors have concluded that the Eurasian Economic Union (EAEU), in contrast to the European Union, implements classical transregionalism model with Latin American countries. Wherein, the Memo- randum of understanding is the mechanism that does not create rights and obligations, within the framework of international law. The signing of such documents on cooperation between the Eurasian Economic Union and Latin American countries is the initial stage for strengthening mutual trade and economic cooperation, exchange of experience and information on regional economic integration, research and development so can be considered as element of soft power.E. K. BerezinaA. V. ToropyginNorth-West institute of management of the Russian Presidential Academy of National Economy and Public Administration articletransregionalismsoft lawsoft powercompetitivenessinterdependenceregional economic integrationmemorandum of understandingPolitical institutions and public administration (General)JF20-2112ENRUУправленческое консультирование, Vol 0, Iss 3, Pp 43-57 (2021)
institution DOAJ
collection DOAJ
language EN
RU
topic transregionalism
soft law
soft power
competitiveness
interdependence
regional economic integration
memorandum of understanding
Political institutions and public administration (General)
JF20-2112
spellingShingle transregionalism
soft law
soft power
competitiveness
interdependence
regional economic integration
memorandum of understanding
Political institutions and public administration (General)
JF20-2112
E. K. Berezina
A. V. Toropygin
EAEU Expands International Cooperation: Latin American Trend
description Integration associations are trying to expand their composition or sphere of interaction / influence. In modern international relations, the importance of transregionalism is increasing due to strengthening interdependence of countries at the global level and the formation for a new architecture of the world economy. The Eurasian Economic Union (EAEU) is trying to integrate itself into the world economy as an independent regional economic center and increase its competitiveness. Therefore, the Eurasian Economic Union seeks to develop transregional interaction with various regions, including Latin American and the Caribbean countries that caused the increasing role of Latin America in the context of the formation for a polycentric world system. The aim of the study is to identify transregional interaction specifics between the Eurasian Economic Union and Chile, Peru, Ecuador, Cuba, and Argentina. On the basis of a comparative analysis of political and legal documents on cooperation, according to legal forms, institutional mechanisms and areas of cooperation the authors have concluded that the Eurasian Economic Union (EAEU), in contrast to the European Union, implements classical transregionalism model with Latin American countries. Wherein, the Memo- randum of understanding is the mechanism that does not create rights and obligations, within the framework of international law. The signing of such documents on cooperation between the Eurasian Economic Union and Latin American countries is the initial stage for strengthening mutual trade and economic cooperation, exchange of experience and information on regional economic integration, research and development so can be considered as element of soft power.
format article
author E. K. Berezina
A. V. Toropygin
author_facet E. K. Berezina
A. V. Toropygin
author_sort E. K. Berezina
title EAEU Expands International Cooperation: Latin American Trend
title_short EAEU Expands International Cooperation: Latin American Trend
title_full EAEU Expands International Cooperation: Latin American Trend
title_fullStr EAEU Expands International Cooperation: Latin American Trend
title_full_unstemmed EAEU Expands International Cooperation: Latin American Trend
title_sort eaeu expands international cooperation: latin american trend
publisher North-West institute of management of the Russian Presidential Academy of National Economy and Public Administration
publishDate 2021
url https://doaj.org/article/c98f808f66ac424c8ee0d3313c58fa61
work_keys_str_mv AT ekberezina eaeuexpandsinternationalcooperationlatinamericantrend
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