(Akademia Bialska im. Jana Pawła II, 2025-04-09)
Petrushkevich, Alena; Rudy, Kiryl
Subject and purpose of work: 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).
Materials and methods: 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.
Results: 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.
Conclusions: 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.