Prerequisites and Prospects for the Development of Domestic Foreign Trade in the Eastern Direction

Current situation in the global economy and new international trade challenges prove the importance of geographical trade diversification and achieving balance through mutually beneficial trade agreements. To form conditions for interaction with foreign partners it’s important to pay attention to the trade regimes, supply chains identification, as well as the building backup partnerships to ensure international trade. Currently, these powers in the EAEU are given to the supranational level: the preparation of free-trade agreements with the main partners is carried out by the EAEU on behalf of five member states. The article reviews the key cooperation areas of the EAEU in the field of trade and economic interaction at the present stage.