In the modern world, it is widely observed that the integration of countries’ economic potentials is characterized by various purposes, strategic priorities and dynamic effects. Results of of the implementation of regional integration agreements show various dynamics and orientation even for the countries of the same block. Thus, the dynamic effects of regional integration agreements can be described as convergence or divergence of the RIA members' national economies. The goal of this research is to define and analyse the dynamic effects of the contemporary regional integration agreements.