THE EURASIAN ECONOMIC UNION (EAEU): SCIENTIFIC ANALYSIS OF THE ISSUES OF INTEGRATION PROCESSES IN THE EURASIAN REGION (2015–2018)

Author(s):  
Irina E. Khanova ◽  
◽  
Vadim M. Shneider ◽  
2018 ◽  
Vol 12 (2) ◽  
pp. 161-180
Author(s):  
Deky Paryadi ◽  
Aziza Rahmaniar Salam

 Abstrak Kawasan Eurasia merupakan wilayah yang penting secara geopolitik dan geostrategi bagi perdagangan Indonesia. Melihat potensi yang dimiliki oleh negara-negara yang tergabung dalam Eurasian Economic Union (EAEU), Indonesia diharapkan dapat memanfaatkan peluang yang terbuka. Penelitian ini bertujuan untuk mengetahui potensi daya saing komoditas serta dampak kerja sama perdagangan Indonesia-EAEU. Metode analisis yang digunakan adalah Trade Complementary Index (TCI), Revealed Symetric Comparative Advantages (RSCA) dan Computable General Equilibrium (CGE) model dengan data dasar GTAP versi 9 menggunakan enam simulasi. Berdasarkan analisis TCI, tingkat kesesuaian ekspor EAEU terhadap struktur impor Indonesia lebih tinggi dibandingkan ekspor Indonesia terhadap struktur impor EAEU. Dengan melihat dampak kerja sama perdagangan Indonesia-EAEU terhadap makroekonomi Indonesia, penurunan tarif bea masuk sebesar 50% untuk seluruh produk Indonesia dan EAEU merupakan alternatif kebijakan terbaik. Indonesia perlu menjajaki kemungkinan kerja sama dengan EAEU dengan pendekatan berupa eliminasi 50% pada seluruh pos tarif secara bertahap. Selain itu, disarankan Indonesia fokus pada komoditas yang memiliki daya saing di pasar EAEU yaitu sektor animal; vegetable; foodstuffs; plastics/ rubber; raw hides; woods; textile; stone/glass; machinery; dan transportation.AbstractThe Eurasian region is an important area for Indonesia in term of geopolitic and geostrategy. Due to the economic potential of EAEU countries, Indonesia must take advantage of it. This study aims to determine the potential competitiveness of commodities and the impact of trade cooperation between Indonesia-EAEU. Methods used in this study were Trade Complementary Index (TCI), Revealed Symetric Comparative Advantages (RSCA) and Computable General Equilibrium (CGE) model utilizing basic data of GTAP version 9 of six simulations. By using TCI method it was found that the comformity level of EAEU's export to Indonesia's import structure is higher than Indonesia's exports to the EAEU import structure. Looking at the impact of Indonesia-EAEU trade cooperation on Indonesia’s economy, tariff reduction of 50% for all Indonesian products and EAEU is the best policy alternative for Indonesia. Therefore, It is a must to Indonesia to explore the possibility of cooperation with EAEU with a 50% elimination scheme gradually to all tariff lines. Indonesia should also focus on commodities which have competitiveness in EAEU market i.e. animal; vegetable; foodstuffs; plastics/rubber; raw hides; woods; textile; stone/glass; machinery; and transportation.


Author(s):  
Seljan Verdiyeva

Abstract On 29 May 2014, during the meeting of Supreme Eurasian Economic Council, the Presidents of Russia, Belarus and Kazakhstan signed the Treaty on the Eurasian Economic Union (EAEU). Presently, the EAEU consists of the Russian Federation, Belarus, Kazakhstan, Armenia and the Kyrgyz Republic. Nonetheless, the EAEU is lobbying for an ambitious plan of enlargement and is aiming to expand across the entire Eurasian region. The EAEU claims to be the second union after the European Union with the deepest integration aspirations, containing similar institutions and decision-making approaches. This article argues that there are a number of challenges for the effective functioning of EAEU and that its Member States are not yet fully committed to liberalization in practice, contrary to the aspirations they are advocating.


2021 ◽  
pp. 86-97
Author(s):  
Tigran Markosyan ◽  
Anahit Santrosyan

The article is aimed at studying and analyzing application issues of normative legal acts of the Eurasian Economic Union bodies in the Republic of Armenia. During the research, the task was to present the sources of law of the EEU and the role of normative legal acts of the EEU bodies among them, to reveal international legal requirements with regard to the application of normative legal acts of the EEU bodies and its content, to find out the compliance of the regulations in the legislation of the Republic of Armenia, as well as to formulate certain recommendations aimed at implementing relevant solutions. In the course of the research, both general scientific (analysis, synthesis) and special (comparative legal, systematic, static) methods were applied. As a result of the research, the authors concluded that the legislation of the Republic of Armenia does not regulate the execution procedure of the acts of the EEU bodies and the toolkit ensuring application of these acts should be amended. Meanwhile, the authors found that the constitutional provisions of the Republic of Armenia pertaining to some issues with regard to supranational international organizations should be amended as well.


2021 ◽  
Vol 1 (215) ◽  
pp. 4-11
Author(s):  
Mikhail Myasnikovich ◽  
◽  
Vladimir Kovalev

This article provides a comprehensive assessment of the ongoing conjugation of the Eurasian Economic Union (EAEU), China's Belt and Road Initiative (BRI) and the Greater Eurasian Partnership. The authors focus on main aspects of cooperation: the transport connectivity of the Eurasian region through railway infrastructure, creation of intraregional and trans-regional value chains, legal framework. They futhors emphasize the role of the Eurasian Economic Union, formulate prospects and mechanisms for economic development and offer the vision of the Greater Eurasian Partnership.


2021 ◽  
Vol 118 ◽  
pp. 02004
Author(s):  
Dmitriy Viacheslavovich Galushko ◽  
Natalya Valerievna Oganova ◽  
Andrey Leonidovich Belousov ◽  
Elena Valerievna Grigorovich ◽  
Aleksey Valerievich Sereda

The article analyzes the problems of the evolution of Eurasian integration in the post-Soviet space, the characteristic features of the process. Based on the consideration of international documents that form the basis of Eurasian economic integration, and the main organizational and legal forms of interaction between the states of the Eurasian region, the authors propose the periodization of the Eurasian integration process. Four stages are substantiated in the paper: I. Formation of integration processes within the Commonwealth of Independent States with the creation of various mechanisms of interaction between the states. II. Creation of the Eurasian Economic Community and continued integration on the basis of this international organization. III. Creation of the Customs Union of the Republic of Belarus, the Republic of Kazakhstan and the Russian Federation. IV. The creation of the Eurasian Economic Union – to date. The authors conclude that the integration of the former Soviet republics was carried out at various levels of cooperation, the logical result of which was the formation of the Eurasian Economic Union as the highest form of integration of the post-Soviet states at the moment. Further development of this international organization requires both a well-developed legal framework and the creation of appropriate economic, political and other objective prerequisites.


2020 ◽  
Vol 53 (4) ◽  
pp. 200-219
Author(s):  
Ernesto Gallo ◽  
Zhengxi Wu ◽  
Bruno S. Sergi

This article examines the current China-Russia partnership in the energy sector, focusing on natural gas and other Eurasian Economic Union countries’ role in this relationship. It argues that the foundation of China-Russia cooperation is strategic, despite the existence of several long-term issues, which make it fragile. Russia’s “pivot to China” in the energy field relies on practical considerations, such as export diversification and problems with Western countries. However, China has fast-growing demand and many choices of gas import. Moreover, China negotiates bilaterally with its partners, which secures Beijing an upper hand in gas talks, including those with Russia. The economic significance of energy interdependence in the Eurasian region allows a monopsonist China to leverage over the region’s regimes, including Putin’s Russia.


2019 ◽  
Vol 65 (1) ◽  
pp. 106-134
Author(s):  
Benedikt Harzl ◽  
Aistė Mickonytė

In 2013, Armenia abandoned the plan to sign the Association Agreement and to establish a Deep and Comprehensive Free Trade Area (DCFTA) with the EU. Instead, it acceded to the Eurasian Economic Union (EAEU). Against this U-turn in Armenia’s integration agenda, this contribution critically investigates the (in)compatibility of participation in the European and the Eurasian legal orders. While the customs union-based regional integration processes preclude Armenia’s participation in both, the authors argue that the strict dichotomy of having to choose one or another transnational legal order and the subsequent legal and political divisions harm Armenia and hamper the achievement of objectives inherent to the EU’s Eastern Neighborhood. It will be argued that this dichotomy may be overcome by a rapprochement between the EU and the EAEU, potentially through contractual relations. Moreover the creative ways in which the EU already provides for differentiated integration could be adapted to enable Armenia reconcile legal approximation with the EU with its engagement within the Eurasian region.


2015 ◽  
pp. 87-108 ◽  
Author(s):  
A. Knobel

The paper is devoted to the analysis of development prospects and problems of Eurasian Economic Union (EAEU) of Russia, Kazakhstan, Belarus and Armenia. It considers integration problems inside EAEU, interactions of EAEU with other CIS countries and with countries from the rest of the world. The paper shows that the major integration challenge inside EAEU is the domination of the redistributive motive over the creative one. It estimates the value of the oil and gas transfer from Russia to other EAEU members and the influence of the Russian tax maneuver on this transfer. The paper shows the need in redistribution mechanism inside EAEU as a necessary condition for getting the potential positive economic effects of free trade with other countries. It also assesses the risks for EAEU due to Russian embargo for food imports from countries of the sanctions list and possible application of tariff in the trade with Ukraine.


2016 ◽  
pp. 43-60 ◽  
Author(s):  
E. Vinokurov

The paper appraises current progress in establishing the Customs Union and the Eurasian Economic Union (EAEU). Although the progress has slowed down after the initial rapid advancement, the Union is better viewed not as an exception from the general rules of regional economic integration but rather as one of the functioning customs unions with its successes and stumbling blocs. The paper reviews the state of Eurasian institutions, the establishment of the single market of goods and services, the situation with mutual trade and investment flows among the member states, the ongoing work on the liquidation/unification of non-tariff barriers, the problems of the efficient coordination of macroeconomic policies, progress towards establishing an EAEU network of free trade areas with partners around the world, the state of the common labor market, and the dynamics of public opinion on Eurasian integration in the five member states.


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