Abstract:
The focus on the regional financial integration became a center of attention due to enhancement of cooperation among member states
the Eurasian Economic Union and sustainable development. However, the reality of global experience demonstrated that such
practices have ambiguous effects on economies. The article discloses main issues of the integration of financial markets in the
framework of the Eurasian Economic Union through the analysis of preconditions and conditions of the formation of a single financial
market. The research examined development of financial trade between Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia,
creation of supranational bodies on regulation of the financial markets, formation of the developed financial infrastructure and favorable
investment climate. The research based empirical study of statistical and secondary data of the member states, and conclusion and
propositions on policies have been derived from the comparative analysis of the economies of these countries.
