Modern trends of integration processes in the economy

Abstract

Integration is an economic process of mutual adaptation, expansion of economic and industrial cooperation, unification of national economies of two or more states, a form of internationalization of economic life. The very process of globalization of the economic sector and production, which is developing very rapidly, is closely linked to international integration as a whole. This process, in turn, shows the relationship and adaptation of the economy, the harmonization of global economic systems. All this determines the relevance of the author's research. The article focuses on the issues and content of the memorandum of the Eurasian Economic Union, where the main goal is to create and develop a global unified system, which is implemented on the principle of free trade, services, and human capital. This principle ensures the effective and free development of the economy of the EAEU States. This document is aimed at improving the quality of life of the population. It is proved that at present the business of states is increasingly integrated into the integration processes. Based on the results of the study of issues related to integration processes in the economy, the corresponding conclusions are made.