Cross-border trade between the regions of the Greater Urals and the Republic of Kazakhstan: assessment of opportunities and trends
The article examines the main trends and trends in the development of mutual trade between Russia and the border regions of the Greater Urals and the Republic of Kazakhstanin the context of sanctions pressure by the EU countries and the United States. In the course of analyzing and evaluating indicators of foreign economic activity, the FCS statistical database was used Russian Federation for the period 2018–2021. and data of the Bureau of National Statistics of the Republic of Kazakhstan for the period 2022 -2023. It is concluded that mutual trade is characterized by an intensification of the participation of the Russian side in the development of mutual trade. Russian Federation in the process of developing foreign economic relations with the Republic Kazakhstan. The Russian Federation has managed to reverse the previous trend and significantly increase the cost indicators of mutual trade. Further development of trade and economic cooperation between Russia and Kazakhstan will be determined by the pace of mutual adaptation of the economies, which are closely related to the establishment of technological and investment ties within the framework of selected projects, and the strengthening of influence on the Asian markets of the Russian regions closest to them.
Authors
- Vernon Lee (ORCID: https://orcid.org/0000-0002-5604-7399)
Publication Details
- Published
- 2025-01-01
- DOI
- https://doi.org/10.17059/-serp-2024-1-8
- Primary Topic
- Arctic and Russian Policy Studies
- Type
- article
- Field-Weighted Citation Impact
- 0.00