Russia’s Customs Regulation in the Context of Geo-economic Fragmentation: Focus on the Energy Sector
Year: 2025
Type: article
Abstract: The article analyzes the peculiarities of Russia’s customs regulation with regard to foreign trade in energy resources and energy equipment in 2022–2024. The authors show that the most promising markets for Russian energy carriers are developing countries, for which Russia can act not only as a supplier of energy resources, but also participate in the development of energy industries by exporting equipment and creating joint ventures. The article points out that customs regulation from 2022 is situational rather than proactive and is mainly aimed at adapting to changes in external conditions. It is concluded that the key objectives of customs regulation in the energy sector should be to increase the competitiveness of Russian energy equipment exports and the investment attractiveness of projects for deep processing of energy resources, as well as to stimulate the economic development of Russia’s eastern regions, through the territory and water area of which the main routes of energy supplies to China and Pacific Ocean ports pass. The conclusion contains proposals for improving customstariff and non-tariff regulation aimed at solving the above tasks.
Source: Geoeconomics of Energetics
Authors: D. V. Maksakova, S. P. Popov
Language: English
Field: Social Sciences
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4409250043