Organization of Turkic States: Development Prospects and Risks for the Eurasian Economic Union

Keywords: Turkic world, regional integration associations, geopolitical reality, Turkic integration, risks, summit, trade and economic cooperation, Eurasian Economic Union, Central Asia, post-Soviet space

Abstract

The article analyses the stages of development of the Organization of Turkic States (OTS) as an international organization. The active consolidation measures taken by Turkey to establish economic relations with the independent states of Central Asia are examined, and the main directions of development of the international economic relations of the OTS states are studied. On the basis of the collected and analyzed data, it is concluded that the interest of the OTS countries in expanding their spheres of influence is evident at the present time. The current state of international economic relations of the new Eurasian regional integration associations, the OTS and the Eurasian Economic Union (EAEU), which emerged after the destruction of the common economic space of the USSR, is examined. The article reveals promising directions of economic development of the OTS, which allow us to consider it as a specific risk factor for the EAEU.

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Author Biographies

Vladimir Zhivalov, Russian Foreign Trade Academy

Analyst, Center for Socio-Political Studies, Institute for the Development of Integration Processes, Russian Foreign Trade Academy 

Ekaterina Chimiris, Russian Foreign Trade Academy; Financial University under the Government of the Russian Federation

Head of the Center for Socio-Political Studies, Institute for the Development of Integration Processes, Russian Foreign Trade Academy 

Associate Professor, Financial University under the Government of the Russian Federation

Timur Aliyev, Russian Foreign Trade Academy

Senior Researcher, Institute of International Economics and Finance, Russian Foreign Trade Academy 

Published
2023-11-01
How to Cite
ZhivalovVladimir, Ekaterina Chimiris, and Timur Aliyev. 2023. “Organization of Turkic States: Development Prospects and Risks for the Eurasian Economic Union ”. Contemporary World Economy 1 (2). https://doi.org/10.17323/2949-5776-2023-1-2-93-111.
Section
International Integration