Russian-Brazilian Trade Relations and Prospects For the Mercosur – EAEU Cooperation

Alexandra KOVAL, Alexis DANTAS, Olga TROFIMENKO and Ekaterina ANDRIANOVA

St. Petersburg State University, Russia

Abstract

Russian-Brazilian trade relations have been intensifying for last decades; however, cooperation between two countries faces certain challenges. One of the potential solutions for eliminating trade barriers is to sign a free trade agreement. Both Russia and Brazil are leading members of customs unions: the EAEU and the MERCOSUR respectively. The paper assesses possible outcomes of the EAEU-MERCOSUR FTA based on the quantitative analysis and indicates its opportunities and prospects.

Keywords: Russian Federation, Brazil, Trade Policy, Economic Integration, Free Trade Agreement.
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