Forecast: Intensive transformation of globalization model opens up  new opportunities for EEU   

ArmInfo.The intensive transformation of the world globalization model opens up new  opportunities for the Eurasian Economic Union (EEU), according to Vladimir Lepekhin, Head of the Institute of EEU Countries.      

"I think this process that started since Donald Trump was elected US  President has big prospects. The United States has experienced not  only a power shift, but formation of an absolutely new foreign  political line, a concept that implies transition of global  governance from unipolar to a multipolar system," he said.     

Such trends in the US foreign policy opens up new opportunities and  horizons for Eurasian integration projects and they are a real chance  for a number of countries on their way to gaining true sovereignty,  first of all, economic sovereignty. Lepekhin noted that the  globalization model of economic development first of all implies  inevitable loss of the participants' sovereignty, whereas the  Eurasian integration model implies strengthening of the sovereignty.     

"For instance, the parameters of Armenia's economic development are  set in Brussels, London, Washington, etc. The different vectors of  globalization and Eurasian integration processes gives Armenia a  chance to gain its own sovereignty," the expert said.