Digital trade: current status and development prospects in Russia and EAEU countries
Digitalization development has increased the coverage, volume and performance of international trade, reduced transaction costs, simplified the coordination of value chains and contributed networking between consumers and businesses around the world. The number of companies involved in electronic crossborder trade is growing constantly and given the situation related to the prevention of COVID-19 spread, digital trade may receive an additional impulse. However, the emergence of new business models will make the transactions more complicated and will require new tasks solving. The article contains the major problems of digital trade development in Russia and EAEU countries, which must be solved to create sustainable conditions for economies development and identifies successful practices that requires further development.