About the formation of competitive advantages of the EAEU member states

This article reveals the issues of the formation of competitive advantages of the EAEU member states. The authors focus on the development of economic policies aimed at realizing the benefits of participation in the creation of global value chains. Proponents of greater openness of the national economy indicate that the effect of global value chains for the countries of the Eurasian Economic Union can be obtained by ensuring freedom to attract foreign investment from developed countries, as well as the purchase of technology from them. Opportunities for developing production chains within the Eurasian Economic Union, while maintaining priorities in the field of economic integration, are associated with the synchronization of the functioning of the tax systems, macroeconomic and trade policies of the EAEU countries while implementing a policy of gradually reducing non-tariff restrictions between the participating countries. The competitiveness of the national economy is the ability and availability of the potential to implement national priorities and interests that meet the task of progressive development of society as a whole. The authors suggest that the implementation of certain measures will contribute to the formation of value chains in the Eurasian economic Union in the process of developing regional integration. Thus, the member states of the Eurasian Economic Union will be able to synchronously regulate the investment and business climate in countries, using the entire arsenal of economic and non-economic tools to create reproduction chains within the country, creating conditions for the attractiveness of foreign contractors' participation in them.

integration, modernization of economy, innovative development, regional development, competitive advantages, national proirities, investment climate, интеграция, экономиканы жаңғырту, инновациялық даму, аймақтық даму, бәсекелестік артықшылықтар, ұлттық басымдықтар, инвестициялық ахуал, интеграция, модернизация экономики, инновационное развитие, региональное развитие, конкурентные преимущества, национальные приоритеты, инвестиционный климат

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