The Eurasian Economic Forum, held in Astana on May 29 of the current year, should be viewed not simply as a routine EAEU event, but as an indicator of a more profound geopolitical realignment within the Eurasian space. Its primary distinguishing feature lies not only in its focus on artificial intelligence and digital transformation but also in the EAEU’s attempt to redefine its own role amidst the changing external economic environment for Russia, the transformation of transport routes, the growing role of China in Eurasian economic processes, the increasing significance of middle powers, and the gradual diversification of military-technical cooperation by individual states of the region.
In this sense, the forum served as a platform where the EAEU sought to present itself not as a traditional integration format requiring adaptation to new conditions, but as a new digital and regulatory platform. The agenda encompassing digital technical regulation, artificial intelligence, product labelling, electronic document management, digital transport corridors, and product traceability reflects the bloc’s ambition to transition from classic customs integration to a more complex model of controlling trade flows, standards, data, and logistics procedures.
This indicates that the future influence of the EAEU will be determined not only by tariffs and market access regimes but also by those who set the digital rules for trade, certification, sanitary control, transit, and industrial cooperation. However, beneath the forum’s technocratic agenda, deeper political contradictions are evident. The Armenian factor is the most indicative in this regard. Armenia remains a member of the EAEU, yet its foreign policy and military-political trajectory increasingly diverge from the Russian line.
Yerevan has effectively frozen its participation in the CSTO before, is developing relations with the EU and the US, and is diversifying its sources of weaponry, including purchases and cooperation with India and France. Economically, however, Armenia is not yet ready for a sharp break with the EAEU, as its trade, energy, and migration ties with Russia remain significant. Therefore, Armenia is becoming one of the key indicators of the transformation of the former Eurasian integration model: EAEU membership no longer implies full alignment of foreign policy priorities with Russia.
This situation highlights a broader problem for Russia. In the Russian expert-political discourse, the multi-vector approach of neighboring states is often viewed through the prism of preserving regional influence. The Russian reaction to Armenia’s European course demonstrates that for Moscow, the EAEU is not exclusively an economic project, but rather as one of the elements of maintaining economic, infrastructural, and institutional connectivity within the Eurasian space.
This gives rise to an internal contradiction: on the one hand, the EAEU attempts to speak the language of the digital economy, technological modernization, and barrier-free trade; on the other hand, Russian political perception continues to proceed from traditional views on regional coordination and the limits of foreign policy manoeuvre.
This contradiction is particularly critical for Central Asia. The region maintains close economic ties with Russia, while simultaneously experiencing a growing desire to diversify its external partners. In the military sphere, this manifests in the gradual diversification of sources of military-technical cooperation and the expansion of ties with China, Turkey, Western, and other manufacturers.
A significant part of Kazakhstan’s military-technical cooperation has traditionally been linked to the Russian direction, yet the issue of diversification is gradually becoming a component of its long-term security. For Uzbekistan, Kyrgyzstan, Tajikistan, and Turkmenistan, this trend is even more pronounced, as their military, technological, and transport policies can increasingly less be tied solely to a single external center.
In this configuration, China acts less as a forum participant and more as the primary external structural factor. The EAEU is compelled to shape its digital and transport agenda in consideration of China’s Belt and Road Initiative.
For Moscow and the EEC, this creates a dual challenge: on the one hand, it is necessary to leverage Chinese investments, transport corridors, and trade dynamics; on the other hand, they need to preserve the EAEU’s own regulatory subjectivity while aligning with Chinese infrastructure initiatives.
The participation of external partners, primarily Iran and the UAE, is also of particular importance. For the EAEU, Iran represents the southern vector, associated with the International North–South Transport Corridor, sanctions-resistant trade, and access to the markets of the Middle East and South Asia.
The UAE, conversely, acts as a financial and logistical hub through which the EAEU seeks to expand ties with the Persian Gulf and global trade flows. The Union aims to transcend post-Soviet geography and present itself as a link in the Eurasian-Middle Eastern economic architecture.
For Central Asia, such a transformation presents both opportunities and risks. The positive effect is that the countries of the region gain more tools for transport diversification, trade digitalization, reduction of transit costs, and expanded access to the markets of the EAEU, Iran, the Persian Gulf, and China.
However, the risks are associated with a potential increase in regulatory dependence: digital standards, labeling systems, technical regulations, sanitary procedures, and data exchange platforms can serve not only to facilitate trade but also act as a new mechanism for controlling foreign economic flows. Nevertheless, the case of Armenia, the strengthening of China, the participation of Iran and the UAE, and the diversification of Central Asia indicate that Eurasian integration is gradually acquiring a more multi-actor character and is transforming into a space of interaction among various power centres, routes, and regulatory models.
Economic Analysis
The economic dimension of the forum also reveals that the digital agenda holds direct, practical significance for Uzbekistan. The EAEU remains one of the key trade and economic directions for Uzbekistan, showing stable growth dynamics.
According to available data (Table 1), between 2017 and 2025, the trade turnover with the EAEU increased from $7.2 billion to $20.2 billion (almost by 2.8 times). Uzbekistan’s exports to EAEU countries grew from $3.3 billion to $6.9 billion, while imports rose from $3.9 billion to $13.3 billion. Such dynamics demonstrate that Uzbekistan’s economic ties with the EAEU are stable and structural in nature.
Table 1. Uzbekistan’s Trade Turnover with EAEU Member States (2025 vs. Q1 2026)
Russia and Kazakhstan remain Uzbekistan’s primary partners within the Eurasian space, which is explained not only by the scale of their economies but also by geographical proximity, transport interconnectivity, energy flows, industrial ties, and labour mobility. For Uzbekistan, the EAEU serves not only as a sales market but also as a source of raw materials, fuel, food, industrial goods, equipment, and logistical capabilities.
At the same time, Uzbekistan’s trade with the EAEU maintains a pronounced asymmetry (Table 2). Uzbekistan exports industrial goods, textiles, food, fruit and vegetable products, services, certain types of machinery, and chemical products to the Union countries. In turn, it imports metals, petroleum products, gas, grain, flour, vegetable oils, pharmaceutical products, timber, equipment, and other industrial components from EAEU countries.
This deficit should not necessarily be viewed as a strictly negative factor, as a significant portion of the imports is utilized for domestic production, construction, processing, and maintaining price stability within the domestic market.
This is precisely why the digitalization of trade, discussed at the forum, is of special importance to Uzbekistan. If digital transport corridors, electronic documents, navigation seals, technical regulation, sanitary and phytosanitary procedures, digital labelling, and product traceability operate effectively, they could lower export costs, expedite border crossings, enhance supply transparency, and facilitate the access of Uzbek goods to EAEU markets.
Table 2. Commodity Structure of Uzbekistan-EAEU Trade (End of 2025)
However, in an unfavourable scenario, these same tools could become a new layer of non-tariff barriers if digital standards are developed without considering the interests of observer states and external trading partners. Particularly sensitive sectors for Uzbekistan include agriculture, the textile industry, food processing, electrical engineering, pharmaceuticals, building materials, and transport services.
These industries are either already oriented toward EAEU markets or rely on raw materials, components, and logistics routes connected to the Eurasian space. The issue of compatibility among national systems for certification, labelling, phytosanitary control, and electronic document management becomes a condition for preserving the competitiveness of Uzbek exports, rather than merely a technical detail.
The investment dimension also confirms the depth of economic interconnectedness (Table 3). Over 5,000 enterprises with EAEU country capital operate in Uzbekistan, and investments from Union states are directed predominantly into the real sector: energy, metallurgy, telecommunications, logistics, light industry, mechanical engineering, and agro-industrial processing. While establishing a foundation for industrial cooperation, this requires Uzbekistan to pursue a more proactive policy toward localizing production, increasing value-added, and preventing the country from turning solely into a sales market or a hub for low-tech assembly.
Table 3. EAEU Foreign Direct Investment Profile in Uzbekistan (2025)
The role of the Eurasian Development Bank and other regional financial mechanisms warrants separate attention. For Uzbekistan, they can be useful in transport infrastructure projects, energy, modernization of utility networks, the agro-industrial complex, and digital logistics. The use of such instruments should be balanced with cooperation with other international financial institutions to ensure that infrastructural modernization does not create excessive dependence on a single financial and institutional framework.
Equally important is the labour market. For Uzbekistan, the EAEU remains a significant destination for labour migration, and remittances from migrant workers continue to play a crucial role for households and domestic consumption. The digitalization of the EAEU labour market (electronic employment contracts, digital employment platforms, biometric tools, electronic registration, and data exchange) directly affects the interests of Uzbek citizens.
Such mechanisms can simplify legal employment and reduce the level of informal employment, but simultaneously, they could tighten administrative control and generate new risks for migrants in the absence of transparent rules for protecting their rights.
In this context, Uzbekistan’s internal reforms acquire foreign economic significance. Simplifying tax administration, raising the VAT transition threshold, digitalizing small and medium-sized businesses, formalizing employment, and developing electronic services create the prerequisites for the more active participation of Uzbek enterprises in cross-border digital trade.
A business operating in the shadow economy cannot fully utilize digital labelling, electronic declarations, e-commerce platforms, and product traceability systems. Consequently, the internal formalization of the economy becomes a prerequisite for external competitiveness.
Conclusions and Recommendations for Uzbekistan
The significance of the forum for Uzbekistan should be viewed not through the logic of converging with or distancing from the EAEU, but rather as the pragmatic management of interdependence. It is important for Uzbekistan to participate in discussions regarding the EAEU’s digital and regulatory mechanisms, as they directly impact exports, transit, certification, agricultural trade, logistics, and industrial cooperation.
At the same time, Tashkent must avoid decisions that could restrict its multi-vector foreign economic policy, its WTO accession negotiation process, and its cooperation with China, the European Union, Turkey, the Gulf States, and South Asia
The forum in Astana demonstrates that the EAEU is attempting to shift from a classic integration model based on customs procedures and common markets to a digital model. For Uzbekistan, this creates opportunities to lower trade barriers, expand exports, connect to digital transport corridors, develop industrial cooperation, and participate in regional infrastructure projects.
In practical terms, it is advisable to utilize the forum’s outcomes to advance several directions:
Accelerate efforts to eliminate technical, sanitary, and phytosanitary barriers for Uzbek goods.
Develop plans to connect to digital transport corridors, electronic waybills, navigation seals, and data exchange systems.
Expand industrial cooperation in sectors where Uzbekistan already possesses a production base and export potential.
Carefully study the experiences with digital labeling, public procurement, agricultural platforms, and digital statistics, while adapting them to national interests.
It is necessary to leverage the observer status for institutional dialogue without assuming obligations that would limit a multi-vector foreign economic policy.
The core objective is not the institutional deepening of participation in the EAEU, but rather a selective engagement with those mechanisms that yield practical economic benefits without constraining strategic autonomy. Such an approach will enable the leveraging of Eurasian connectivity advantages without turning it into dependence on a single integration centre.
* The Institute for Advanced International Studies (IAIS) does not take institutional positions on any issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of the IAIS.