UZBEKISTAN'S ACCESSION TO THE EАEU: EXPECTATIONS AND PROSPECTS

2020

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DOI 10.51889/2020-2.1728-5461.36
Data confidence 70 medium
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Abstract

In this article, the author tries to analyze the integration processes of the Republic of Uzbekistan. Тhe prospects and threats that await Uzbekistan if it joins the EAEU were considered. The author also analyzed the studies of leading experts on the issue of Uzbekistan joining the Union. In the final part of the article, conclusions are drawn. On the one hand, adherents of integration argue that the republic’s entry into the Union will reduce customs duties for Uzbek exports to the Russian Federation, new markets for Uzbek products will be opened, transportation opportunities will be opened, etc. Joining the EAEU will facilitate the life of labor migrants, although this indicates an undeveloped labor market, high unemployment and a weak economy in the country. All these factors lead to the drain of labor and brain.