ECONOMIC DEVELOPMENT OF LIGHT INDUSTRY IN KAZAKHSTAN AND RUSSIA IN THE CONDITIONS OF THE EAEU

Аннотация

The economic development of light industry in Kazakhstan and Russia under the conditions of the
EAEU operates according to the general rules of the game, which are established by the participants of the Eurasian
Economic Union. Since only by protecting the domestic market of Kazakhstan from poor-quality imports, it will be
possible to reanimate the domestic light industry. However, our entrepreneurs are not particularly interested in
working in this sector of light industry because of long-term investments. Today, in Kazakhstan, production facilities
have been modernized and have the ability to produce high quality products. That is, it complies with the necessary
requirements of generally accepted international standards, which will provide an opportunity for trading in foreign
markets. According to the author, the dynamics of the development of light industry with this state support will allow
an increase in the competitiveness of products and the development of the industry as a whole.