Indian Journal of Science and Technology

Abstract

Background: Globalization processes led to the development of international economic integration in the world economy, where logistical issues of trade and economic cooperation have gained particular scientific significance in the last ten years. Methods: In the study the data showing the current state of the world trade were analyzed, as well as the features of regional logistical capabilities and tendencies of trade policy of the Eurasian Economic Union (EEU) were discussed. In order to rationally use geo-economic resources of integrated formation, the need to create a common logistical space, including regional logistical centers, objects of near-customs, transport and other infrastructures, logistical informational systems, etc., was defined by general scientific and special methods of structural-functional analysis and organizational design. Findings: The article focuses on the key objectives of unification of the countries into international trade and economic blocs: The total economic and social development, provision of favorable conditions for the development of bilateral trade and strengthening of competitive geopolitical advantages. According to the author’s opinion, the regional economic integration allows member countries to use economic, logistic and natural-resource potential of the macroregion according to the principles of synergy. Due to the fact that the international cooperation involves the creation of a common customs and economic space, where the free movement of goods, labor and capital takes place – the formation of a common logistical space is becoming an integral part of regional trade and economic system, ensuring the needs of international business structures. The uniqueness of the author’s proposals relates to strengthening of the integration processes in the regional cross-border area, where one of the most urgent tasks is to create an efficient infrastructure base for the organization of export-import and transit goods movement. In this article the author reviews the prerequisites for the formation of the Eurasian Economic Union (EEU), special aspects of integration processes development in the postSoviet space, the key trends of EEU trade policy and the specificity of EEU logistical potential implementation in terms of resource constraints. Application/Improvements: The obtained research results can be applied in the framework of trade policy of regional integrated union, as well as be taken into account in the design of global supply chains of business entities.

Keywords: Global Logistics, Global Supply Chain, Logistical Space, Regional Integration, Trade and Economic Cooperation