Investment And Technological Cooperation In The Eurasian Union

Abstract

The urgency of considering the problem of investment and technological cooperation in the Eurasian union (EAEU) is due to the high importance of direct investments and innovations as factors of inclusive economic growth, contributing to the sustainable development of both the member states of the integration union and the integration group as a whole. The article analyzes the concept of sustainable development, the state of investment and technological cooperation within EAEU, highlights the existing problems and suggests recommendations for solving these problems. As a result of the study, the authors conclude that the low level of investment and technological cooperation within EAEU corresponds to the potential of the EAEU member states, that hinders their sustainable development, competitiveness and deepening of integration ties. The pandemic has had a negative impact on investment and technological activity in the EAEU. Nevertheless, despite the existing problems the potential for investment and technological cooperation in the EAEU can be assessed as high.

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This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.

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Publisher

European Publisher

First Online

25.09.2021

Doi

10.15405/epsbs.2021.09.02.225

Online ISSN

2357-1330