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National characteristics of the metallurgical industry of the EAEU: Prospects for the formation of a common industrial policy

Journal: RUDN Journal of Economics (Vol.33, No. 2)

Publication Date:

Authors : ;

Page : 270-284

Keywords : industrial policy; EAEU; integration; metallurgy; cooperation; national strategy;

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Abstract

The industrial policy of the Eurasian Economic Union (EAEU) can be presented exclusively in the form of general recommended approaches, the implementation of which is carried out at the national level. The integration of the EAEU countries in the industrial sector, in particular in metallurgy, is complicated by the different state of the industry and, as a result, different national priorities. Nevertheless, the potential of the single internal market, as well as the challenges that manufacturers of the EAEU countries are increasingly facing in export areas, raises the question of the need to consolidate efforts in the field of industry to a new level. The EAEU Unified industrial Policy in the field of metallurgy can be used to further improve the protection of national producers, the importance of which increased during the protectionist period of the coronavirus pandemic and remains to this day. The purpose of the study is to identify the national characteristics of the metallurgical industry of the EAEU countries, as well as their common characteristics, which can be used to form a unified industrial policy of the integration association. In the framework of this study, the author analyze the regulatory legal acts in force in the EAEU countries that determine the vector of development of the national industry, in order to identify common provisions in them that can be used to form a unified EAEU industrial policy in the metallurgical industry. To answer the question about the possibility of forming a unified industrial policy of the EAEU, the author studied scientific papers on the development of national economies, as well as the regulatory framework of the EAEU countries. Special attention is paid to the agreements reached by the EAEU countries in the field of metallurgy, as well as newly adopted strategic documents. The author has studied the issues of raw material security of the EAEU countries, their national economic development strategies, as well as existing international agreements in the metallurgical industry. The methods of analysis, comparison and expert assessment are widely used in the study. It is noted that an additional incentive for the development of the integration of the EAEU countries in the industrial sector may be a new mechanism for supporting cooperative projects launched by the EEC in 2024. The analysis confirms the possibility of forming a unified industrial policy of the EAEU in the field of metallurgy.

Last modified: 2025-08-08 18:32:50