Economic Integration Between Belarus and Russia

Bogdanovich, A. V.
April 2005
Problems of Economic Transition;Apr2005, Vol. 47 Issue 12, p65
Academic Journal
The article focuses on the economic integration between Belarus and Russia. Of all the countries of the Commonwealth of Independent States (CIS), the Republic of Belarus and the Russian Federation have been most consistent in pursuing economic integration. Belarus occupies only 1 percent of the total area of the CIS. In the openness of its economy, as indicated by the ratio of exports to gross domestic product, Belarus occupies first place among the CIS member countries. An important role in the economic integration of Belarus and Russia is played by regional cooperation. Of the eighty Russian regions that have trade relations with the Republic of Belarus, twenty-five account for more than 90 percent of the foreign trade turnover between the two countries.


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