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INTEGRATION POTENTIAL FOR COOPERATION BETWEEN ECONOMIES OF RUSSIA AND KAZAKHSTAN AND DIRECTIONS FOR ITS DEVELOPMENT Summary Integrational potential of the EEU is in need of accelerated development. The EEU began as an economic union of developing economies which have many mutual problems, such as structural disparities (mainly, export of raw materials), underdeveloped markets and, as a result – dependence on import. A coordinated development of entrepreneurship motivation programs is required as part of integrational cooperation between the EEU countries. Cooperation in the sphere of technical re-tooling in production and agricultural sectors of member-states, coordination of measures for direct government support of industry and agricultural sector and ensuring trading conditions on a bilateral level (backing competition, harmonization of taxation and development of transport infrastructure) shall become new trend in the development of the EEU in order to ensure the growth and saturation of commodities markets, which could be achieved only through coordinated economic policy on the part of all EEU member-states.