The IIASA Challenges and Opportunities for Economic Integration within a wider European and Eurasian Space project served as a unique, depoliticized platform where key stakeholders could engage in evidence-based dialogue. In 2018, the project published three reports containing analyses and recommendations in several important areas: the first report compared product standards and technical regulations in the region and revealed that the EAEU has already adopted international standards more fully than previously realized, the second report on foreign direct investment highlighted that capital flows between the EU and Russia are declining. In the short-term, reducing administrative barriers could realistically help to improve the situation, and the third report looked at trans-Eurasian land transport corridors and argued that enhancing trade between Europe and Asia will require increased capacity, the removal of infrastructure bottlenecks, harmonization of regulatory environments, and enhanced associated investments.
