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Food security in Kazakhstan within the integration into the Eurasian Economic Union: Ratings and ways to reduce threats

Author

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  • Bayanslu Markhayeva

    (Almaty Management University)

Abstract

On May 29, 2014 Belarus, Kazakhstan and Russia signed an agreement on the integration to the Eurasian Economic Union (EaEU) which formally goes into effect on January 1, 2015. A new common market of goods and factors of production will appear on the map of the planet. There are 170.3 million people living here (or 4.4% of the world population), 5.6% of which are citizens of Belarus and 10% are from Kazakhstan and 84.4% are Russians. The market territory occupies 16,4% of the terrestrial land where 25% of basic types of minerals reconnoitered in the world are concentrated and its cost is estimated in the range from 30 to 40 trillion United States dollars (USD). The share of the EaEU accounts for about 40% of the world supplies of natural gas, 25% coal, 20% oil, 25% forest, 13% of arable land and 11% of fresh water. The unique transcontinental geographical position allows to accumulate scale trade streams between Europe and Asia and thereby to increase world competitiveness of the region and the EaEU.

Suggested Citation

  • Bayanslu Markhayeva, 2014. "Food security in Kazakhstan within the integration into the Eurasian Economic Union: Ratings and ways to reduce threats," Working Papers 2014/22, Maastricht School of Management.
    • Handle: RePEc:msm:wpaper:2014/22
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    File URL: http://web2.msm.nl/RePEc/msm/wpaper/MSM-WP2014-22.pdf
    File Function: First version, 2014
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    Keywords

    Food security; Kazakhstan; Eurasian Economic Union;
    All these keywords.

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