Food security of the EAEU: problems and ways of harmonizing the interests of the participating countries

UDC 338

Authors

Irina B. Teslenko,
Doctor of Economics, Professor, Head of the Department of Business Informatics and Economics, Vladimir State University named after A. G. and N. G. Stoletovs, Vladimir, Russia
Andrey A. Chekushov,
PhD in Philosophy, Director of the Financial University under the Government of the Russian Federation (Vladimir branch), Vladimir, Russia

Abstract

Objective. The article is devoted to the main problems and prospects for ensuring food security of the EAEU countries, taking into account the recognition and observance of the interests of all participating countries.
Materials and methods. The article identifies the interests of all EAEU member states when joining the union, as well as the ways of harmonizing interests, highlighted on the basis of an analysis of the experience of other integration associations.
Result. It is possible to reduce to a minimum discrepancies in national strategies, to achieve convergence of decisions made by individual countries with their obligations within the framework of the association, if there are clearly formulated interests in the field of food security, building a hierarchy of national priorities, achieving a balance between state interests and the interests of the Union as a single whole.
Conclusion. When building interests, the EAEU members should focus not on short-term political benefits, but on the long-term economic interests of the Union.

Keywords

EAEU, food security, integration, national interests.