Economic cooperation of the BRICS countries with the CIS and the EAEU

UDC 336.2

Authors

Timakhov K. V.,
master’s candidate of the faculty of global studies, Lomonosov Moscow state University, Moscow

Abstract

The BRICS group, consisting of five powerful states located on different continents of the world, attracts attention of many political scientists and economists who are trying to assess its potential. The purpose of this article is to study and analyze the economic relations built between the BRICS member states and the integration associations of the post-Soviet countries: the CIS and the EAEU. This topic is of great scientific interest in view of the significant shifts and changes taking place in the global financial space, which are pushing the world community to alter the existing architecture of the world economic system.

Keywords

CIS, EAEU, integration processes, economic cooperation, promising areas of interaction, financial statistics, foreign trade turnover, co-tractual basis.