Russia has one of the most complex geographical positions in the world. The total area of its territory includes 17.125 million square km accounting for nearly one-eighth of the Earth’s land surface and its coastline is the second longest in the world.
As it is well known, the economy of Kazakhstan is highly dependent on extractive industries, which has implications for coordinating fiscal policy. During 2014- 2016, Kazakhstan's oil and gas revenues decreased by almost two thirds.
After the collapse of the Soviet Union, all former Soviet Union countries adopted market economies instead of planned economy. Market economy implies the presence of the private companies, while during the Soviet Union all companies were state-owned.
On March 7, 2017, the Prime Ministers of the Eurasian Economic Union (EEU) member states held a meeting of the Eurasian Intergovernmental Council in Bishkek in order to discuss prospects to strengthen mutual trade and ways to remove barriers for the development of the internal