Energy factor in the cooperation of the eaeu: problems and perspectives

International relations and international law Journal, 2017

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DOI 10.26577/irily-2018-3-730
Data confidence 70 medium
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Abstract

The relevance of the research is determined by the role of energy factor in the modern internationaleconomic relations. At the current stage energy turns into one of the world’s essential problems. The roleof the energy factor increases not only in relations between individual countries and regions but alsoon an international level. In the article the role of energy factor in ensuring stability is considered withinthe confines of the Eurasian Economic Union; the importance of energy policy-making for the EurasianEconomic Union is identified; main principles in the formation of common markets of oil, gas and petroleumproducts are identified; main problems, that require solving during the formation of the energy integration of the EAEU are pointed out: some recommendations for the energy policy-making of theEAEU are given. Comprehensive analysis is based on a combination of a systemic approach, empiricalresearch, institutional and structural-functional analysis level-sectoral analysis, SWOT – analysis and thecomparative-historical method carried out to achieve goals and objectives.The article concludes that the development of cooperation in the energy sector is conditioned bythe need to deepen the integration of energy markets by the uneven distribution of energy resources,establishing a mutually beneficial energy dialogue and optimizing the emerging infrastructure and investingin this sector.