Improving the Customs Regulation Framework in the Eurasian Economic Union in the Context of Sustainable Economic Development

Natalia Vovchenko, Olga Ivanova, Elena Kostoglodova, Stanislav Khapilin and Karina Sapegina
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Natalia Vovchenko: Faculty of Economics and Finance, Rostov State University of Economics, 344002 Rostov-on-Don, Russia
Olga Ivanova: Faculty of Economics and Finance, Rostov State University of Economics, 344002 Rostov-on-Don, Russia
Elena Kostoglodova: Faculty of Economics and Finance, Rostov State University of Economics, 344002 Rostov-on-Don, Russia
Stanislav Khapilin: Faculty of Economics and Finance, Rostov State University of Economics, 344002 Rostov-on-Don, Russia
Karina Sapegina: Institute of Industrial Management of Economics and Trade, Peter the Great St. Petersburg Polytechnic University, 195251 Saint-Petersburg, Russia

Sustainability, 2022, vol. 14, issue 2, 1-10

Abstract: The formation of a customs administration framework based on the digital economy in the Eurasian Economic Union (EAEU) requires the application of fundamentally new technologies. The successful implementation of digital technologies in the information space of the EAEU presupposes the solution of a number of problems associated with the ensuring the implementation of the concept of sustainable development of the EEU member states in the new economic reality and transition to a new paradigm of customs administration based on the digitalization of the processes of regulation of foreign economic activity. Based on this paradigm, we set the following tasks: to identify trends and substantiate the need for digitalization of the customs administration mechanism in the Eurasian Economic Union based on the use of new technologies; to reveal the meaningful features of digital technologies that are promising for the development of the mechanism of customs administration of the EAEU; consider the applied aspects of the latest information technologies used in the course of EAEU customs administration system digitalization; and assess the prospects for their use, analyze the prospects of organizational, legal and managerial support of this process in the EAEU at the supranational and national levels. The article concludes that within the framework of the digital transformation of the EAEU, new opportunities are opening up for the customs regulation framework, based on the introduction of technologies for analyzing large amounts of data, immersive technologies, blockchain, the use of innovative methods for obtaining and processing customs information (satellite tracking, radio frequency identification), and the introduction of artificial intelligence technologies in customs control processes.

Keywords: big data; Eurasian Economic Union; customs administration; digital transformation; G28; G38; F02; F15 (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:14:y:2022:i:2:p:755-:d:721871

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