FREE TRADE ZONES AS A DEVELOPMENT TOOL AGRICULTURAL EXPORTS OF THE EURASIAN ECONOMIC UNION

2018 ◽  
pp. 28-36
Author(s):  
S.B. Buben ◽  
Е.V. Hohlov
Keyword(s):  
Free Trade ◽  
Agricultural Exports ◽  
Free Trade Zones ◽  
Development Tool ◽  
Eurasian Economic Union ◽  
Economic Union

INTERNATIONAL LEGAL FRAMEWORK FOR THE FUNCTIONING OF MECHANISMS FOR RESOLVING TRADE DISPUTES IN THE CONTEXT OF THE EURASIAN ECONOMIC UNION

2021 ◽  
Vol 4 (5) ◽  
pp. 139-151
Author(s):  
K. I. ZHADAN ◽  
Keyword(s):  
Dispute Resolution ◽  
Free Trade ◽  
Free Trade Agreements ◽  
Trade Agreements ◽  
Legal Framework ◽  
Trade Disputes ◽  
Member States ◽  
Eurasian Economic Union ◽  
Economic Union ◽  
The Republic

The article examines an international legal framework of the dispute resolution under free trade agree-ments. The existing mechanisms for resolving trade disputes are analyzed and their classification is given. The article demonstrates an evolutionary change of the approach of States to the formulation of provisions on dispute settlement in international trade treaties. Special attention is paid to the systems of dispute resolution under free trade agreements to which the Eurasian Economic Union is a party. The free trade agreements of the Eurasian Economic Union and its member States with the Socialist Republic of Vietnam (2015), the Islamic Republic of Iran (2018), the Republic of Singapore (2019) and the Republic of Serbia (2019) are compared with respect to the dispute resolution mechanisms. The article focuses on such institutional aspects as the method of appointing arbitrators, the scope of interstate disputes and the competition of dispute resolution platforms. The effectiveness of the dispute resolution systems of the World Trade Organization and special-ized mechanisms under the free trade agreements of the Eurasian Economic Union and its member States is evaluated. The negative and positive aspects of the existing mechanisms under the free trade agreements of the Eurasian Economic Union and its member States are highlighted, and the ways of their development are proposed.

Preferential Trade Agreements of the Eurasian Economic Union

2020 ◽  
pp. 29-55
Author(s):  
Maria Lagutina
Keyword(s):  
Free Trade ◽  
Trade Agreements ◽  
Preferential Trade Agreements ◽  
Economic Feasibility ◽  
Free Trade Zone ◽  
Partner Country ◽  
Preferential Trade ◽  
Trade Relations ◽  
Eurasian Economic Union ◽  
Economic Union

One of the trends in the development of modern trade relations is the increase in the number of concluded preferential trade agreements (PTA), which are considered to be a tool for reducing tariffs and, as a consequence, reducing the costs of entering the domestic market of the partner country. Although the Eurasian Economic Union (EAEU) has made only the first steps on the way towards its development. The EAEU has already managed to create a free trade zone with Vietnam, some agreements have been signed with Iran and China. Each of these agreements has its own specifics. The purpose of this chapter is to identify the economic feasibility and political significance of these preferential trade agreements for the countries of the EAEU and their external partners, as well as to determine the potential expansion of the network of preferential trade agreements of the EAEU.

scholarly journals The Eurasian economic union: trends and prospects for development in digital economy

2020 ◽  
Vol 210 ◽  
pp. 13025
Author(s):  
Anastasiуa Vorona ◽  
Lyudmila Kopteva ◽  
Anna Trushevskaya
Keyword(s):  
Union Member ◽  
Digital Transformation ◽  
Member States ◽  
Free Trade Zones ◽  
Eurasian Economic Union ◽  
Long Run ◽  
Key Sectors ◽  
Trade Turnover ◽  
Economic Union ◽  
The Creation

Currently the Eurasian Economic Union defines its main tasks as the creation of an image of the significant center for the development of international trade, enhancement of mutually beneficial partnership with member states and other countries, the creation of new formats for international cooperation. At the present days the Eurasian Economic Union is filled with real economic content. Multilateral projects are being implemented, primarily in key sectors of the economy, that are energy and transport. In the long run, the formation of a monetary union is possible. Development of currency integration, as a component of economic unity, presupposes the process of implementing a coordinated policy of the EAEU countries, as well as the creation and functioning of the organizations performing interstate currency regulation. In the article the dynamics of the main economic indicators of the Eurasian Economic Union functioning is considered. The data on the trade turnover of the EAEU member countries for 2019 is provided. The main directions of EAEU cooperation with third countries and integration associations are revealed, with particular attention being paid to the creation of free trade zones with Vietnam and Singapore. In the context of the organization and functioning of interstate unions, each of the member states of such unions, while ensuring their own security, also needs to manage both the threats to the security of other partners that have an indirect adverse effect and the threats that directly impact the whole union. The directions of digital transformation of the economies of the Eurasian Economic Union member states are considered. The problematic aspects of its functioning are highlighted.

scholarly journals Agrifood export diversification of Belarus in terms of free trade agreements between EAEU and third countries

2018 ◽  
Vol 56 (4) ◽  
pp. 410-423
Author(s):  
L. N. Baihot ◽  
V. S. Akhramovich ◽  
D. S. Hlushakova
Keyword(s):  
Foreign Trade ◽  
Free Trade ◽  
Free Trade Agreements ◽  
Trade Agreements ◽  
Agricultural Products ◽  
Eurasian Economic Union ◽  
Modern Development ◽  
Economic Union ◽  
The Republic ◽  
Favorable Conditions

The modern development of foreign trade of agricultural products and foodstuffs in the Republic of Belarus is characterized by an intensive increase in export potential, which requires constant search and development of new promising sales markets. For Belarus, participation in regional trade and economic integration associations (free trade zone with participation of the Eurasian Economic Union (EAEU)) is considered as one of the directions for creating favorable conditions for exporters to access the markets of partner countries. Implementation of export potential of the member states of the integration association is the subject of negotiations during preparation of agreements and requires searching the balance of concessions between the parties concerned. Therefore, in terms of trade of highly sensitive to import agricultural and processing industry products, a reasoned justification is required for requesting potential partners to ease access regimes for a particular product, given the need to provide reciprocal concessions. In this regard, we have developed a technique for assessing possibilities of developing exports of agricultural products of Belarus when signing agreements on free trade zones between the Eurasian Economic Union and third countries, we also tested the presented technique by the example of such countries as Egypt, Iran, Israel, Indonesia and India as the most likely partners to conclude free trade agreements with the Eurasian Economic Union. Based on a comprehensive analysis of the competitive environment at potential sales markets and an assessment of competitiveness of Belarusian export products, as well as study of measures of foreign trade policy (customs tariff and non-tariff barriers), the most appropriate export commodity groups were identified.

The Eurasian Economic Union in the Context of Transformation of the International Trade System

2018 ◽  
pp. 55-75
Author(s):  
Maria Lagutina
Keyword(s):  
International Trade ◽  
Free Trade ◽  
Global Economy ◽  
Historical Background ◽  
The Third ◽  
Eurasian Economic Union ◽  
Soviet Space ◽  
Free Movement Of Goods ◽  
Economic Union ◽  
National Economies

The EEU was created to strengthen the national economies and capabilities of the member states in global economy by creating the so-called “four freedoms”: the free movement of goods, services, capital, and persons. At this stage, the EEU is involved in the creation of free trade zones with countries outside the borders of the Eurasian post-Soviet space that was a reaction of the Eurasian Economic Union on new trends in international trade and the crisis of the WTO. The aim of this chapter is to analyze the internal and external contours of the Eurasian integration in economic and trade cooperation. The first part is devoted to analyzing of the historical background of the EEU creation. The second part evaluates the economic cooperation among the EEU countries. In the third part, the author focuses on the crisis of the WTO and new tendencies in international trade cooperation. And the final part examines the prospects of creation of free-trades zones between the EEU states and other countries.

scholarly journals Peculiarities of Israel’s participation in regional economic integration

2016 ◽  
pp. 41-50
Author(s):  
A. V. Fedorchenko
Keyword(s):  
Economic Integration ◽  
The United States ◽  
Regional Economic Integration ◽  
The European Union ◽  
Regional Economic ◽  
Free Trade Zones ◽  
Eurasian Economic Union ◽  
Unique Experience ◽  
Economic Union ◽  
National Economies

At present, the majority of countries are involved in regional economic associations. National economies are attracted primarily to the neighboring countries and regions. Therefore, the term «regional economic integration» is used more often than the term «international economic integration». Israel is in a difficult geopolitical condition, it has a unique experience of participating in such associations that is in the center of investigation. The research is focused at the free trade zones between Israel and the European Union (EC), the United States, state and economic integration prospects in the Middle East as a whole. In the final part of the article the author notes the possibility of liberalization of foreign trade regime between Israel and the Eurasian Economic Union.

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