Eurasian-Asian Economic Union. Eurasian Economic Community

Vladimir Putin

“We set ourselves an ambitious task - to reach the Eurasian Union. We offer a model of a powerful supranational association capable of becoming one of the poles of the modern world.

Addition natural resources, capital, strong human potential will allow the Eurasian Union to be competitive in the industrial and technological race, in competition for investors, for the creation of new jobs and advanced industries. And, along with other key players and regional structures, to ensure the sustainability of global development.

Only together can our countries become leaders global growth and civilizational progress, achieve success and prosperity.

Geography

Territory: 17.1 million sq. km
Population: 146.88 million people
Capital: Moscow, 12.1 million inhabitants

Economic indicators

Gross domestic product in 2018 amounted to USD 1,661.0 billion at current prices. The index of physical volume of gross domestic product (at constant prices) in 2018 to 2017 is 102.3%.
Volume industrial production in 2018 at current prices amounted to 1,115.4 billion US dollars. Industrial production index (in constant prices) in 2018 to 2017 - 102.9%.
Production volume Agriculture in 2018 at current prices amounted to 81.9 billion US dollars. Volume index of gross domestic product
(in constant prices) in 2018 to 2017 - 99.8%.
Oil production, including gas condensate in 2018 - 555.5 million tons, per capita - 3,783.4 kg.
Mining natural gas in 2018 - 726.0 billion m3, per capita - 4,944.7 m3.

Oil and gas production, processing precious stones and metals, aircraft construction, rocket and space production, nuclear industry, arms production and military equipment, electrical engineering, pulp and paper industry, automotive industry, transport, road and agricultural engineering, light and food industries.

Additionally

The largest rivers, length across the territory of the state, km: Lena - 4337, Yenisei (with Angara) - 3844, Volga - 3694, Ob - 3676, Amur - 2855

Most large lakes, thousand km2: Caspian Sea - 371, Baikal - 31.5, Ladoga - 17.7, Onega - 9.7

The highest altitude above sea level: Mount Elbrus - 5,642 m

January: from 0° С, -5° С ( North Caucasus) down to -40° С, -50° С (east of the Republic of Sakha (Yakutia);
July: from + 1° С (northern coast of Siberia) to + 24-25° С ( Caspian lowland)

President of the Republic of Kazakhstan

Kassym-Jomart Tokayev

"Nursultan Nazarbaev - chief ideologue and consistent builder of Eurasian integration. Today, the EAEU has taken place and is demonstrating its effectiveness. It is necessary to intensify work in broader formats, for the long term. Including the establishment of "integration of integrations", cooperation in the format of Greater Eurasia".

First President of the Republic of Kazakhstan

Nursultan Nazarbaev

“For the first time in history, the Customs Union of Kazakhstan, Russia and Belarus brings the peoples of our countries together on the basis of mutual respect, preservation of national identity and awareness of the inseparability of a common future.

Consistent transformation of the Customs Union into the Common Economic Space, and eventually into the Eurasian economic union will become a powerful stimulus for the prosperity of our peoples, will bring our countries to leading positions in the global world.

We are all witnessing the birth of a new unique Eurasian community of nations, which not only has a rich experience of a common past, but also an indivisible general history future."

Geography

Territory: 2,724.9 thousand square meters km
Population: 18.16 million people
Capital: Nur-Sultan, 1 million inhabitants

Economic indicators

Gross domestic product in 2018 amounted to $179.3 billion at current prices. The index of the physical volume of the gross domestic product (in constant prices) in 2018 to 2017 is 104.1%.
The volume of industrial production in 2018 at current prices amounted to 79.0 billion US dollars. Industrial production index (in constant prices) in 2018 to 2017 - 104.4%.
The volume of agricultural production in 2018 at current prices amounted to 13.0 billion US dollars. Volume index of gross domestic product
(in constant prices) in 2018 to 2017 - 103.4%.
Oil production, including gas condensate in 2018 - 90.4 million tons, per capita - 4,944 kg.
Natural gas production in 2018 - 55.5 billion m3, per capita - 3,034.2 m3

Main Industries

Non-ferrous and ferrous metallurgy, chemical, mechanical engineering, light, food, as well as oil refining and production of building materials.

Additionally

The largest rivers, length across the territory of the state, km: Ertis (Irtysh) - 1,698, Esil (Ishym) - 1,400, Syrdarya - 1,400, Zhaiyk (Ural) - 1,082

The largest lakes, thousand km2: Caspian Sea - 371, Aral Sea - 41.0, Balkhash - 18.2

Highest altitude above sea level: Khan Tengri Peak (Saryzhaz Ridge) – 6,995 m

Average monthly temperature:
January: from -1.4° С (in the south) to -24.6° С (in the north),
July: from +18.1° С (in the north) to +30.6° С (in the south)

President of the Republic of Belarus

Alexander Lukashenko

“For Belarus, deep, productive integration with the closest neighbors has been, is and will be a natural way of development. Two referendums by an absolute majority gave the authorities a clear mandate for integration.

Integration developments within the framework of the Union State made it possible to reasonably and confidently apply them in a broader, multilateral format. It is important that the Union State, the Customs Union, and the Common Economic Space enrich and complement each other.

Now we are moving towards the implementation of decisions that are commonly called fateful. Our firm intention to resolutely deepen integration is not accidental. This is a kind of manifesto coming from life.”

Geography

Territory: 207.6 thousand square meters km
Population: 9.492 million
Capital: Minsk, 1.9 million inhabitants

Economic indicators

Gross domestic product in 2018 amounted to $59.6 billion at current prices. The index of physical volume of gross domestic product (in constant prices) in 2018 to 2017 is 103.0%.
The volume of industrial production in 2018 at current prices amounted to 54.1 billion US dollars. Industrial production index (in constant prices) in 2018 to 2017 - 105.7%.
The volume of agricultural production in 2018 at current prices amounted to 9.3 billion US dollars. The index of the physical volume of the gross domestic product (in constant prices) in 2018 to 2017 is 96.6%.
Oil production, including gas condensate in 2018 - 1.7 million tons, per capita - 176.1 kg.
Natural gas production in 2018 - 0.2 billion m3, per capita - 22.3 m3
The export of the Republic of Belarus in 2018 amounted to 33.9 billion US dollars (in 2017 - 29.2 billion US dollars),
Imports of the Republic of Belarus in 2018 amounted to 38.4 billion US dollars (in 2017 - 34.2 billion US dollars).

Main Industries

Metallurgical industry, mechanical engineering, metalworking, chemical and petrochemical, light, food.

Additionally

The largest rivers, length across the territory of the state, km: Dnieper - 700, Berezina - 561, Pripyat - 495, Sozh - 493, Neman - 436, Ptich - 421

The largest lakes, km2: Naroch - 79.6, Osveyskoe - 52.8, Chervonoe - 40.8, Lukomskoe - 37.7, Drivyaty - 36.1

The highest altitude above sea level: Mount Dzerzhinskaya - 345 m Average monthly temperature: January: -4.8 ° С; July: +20.6°C

Prime Minister of the Republic of Armenia

Nikol Pashinyan

“We are committed to active interaction with partners in the EAEU in the interests of the practical achievement of freedom of movement of goods, services, labor and capital, as well as the introduction of preferential regimes economic cooperation regulated by the law of the Union.”

Geography

Territory - 29.7 thousand km²
Population - 2.97 million people
Capital - Yerevan, 1 million inhabitants

Economic indicators

Gross domestic product in 2018 amounted to $12.4 billion at current prices. The index of physical volume of gross domestic product (in constant prices) in 2018 to 2017 is 105.2%.
The volume of industrial production in 2018 at current prices amounted to 4.0 billion US dollars. Industrial production index (in constant prices) in 2018 to 2017 - 104.2%.
The volume of agricultural production in 2018 at current prices amounted to 1.8 billion US dollars. The index of physical volume of gross domestic product (in constant prices) in 2018 to 2017 is 92.4%.

Main Industries

Mining and processing building materials, non-ferrous metallurgy, production of wine and cognac products. There are enterprises producing metal-cutting machines, molding equipment, precision instruments, synthetic rubber, tires, plastics, chemical fibers, mineral fertilizers, electric motors, tools, microelectronics, jewelry, silk fabrics, knitwear, hosiery.

Additionally

The main river of Armenia is the Araks with its tributary Hrazdan. The total length of the rivers is approximately 23 thousand km.

The largest lakes are Lake Sevan, 1240 km²

Highest altitude above sea level: Mount Aragats (4095 m)

Average monthly temperature: On the plains average temperature January -5 °C, July +25 °C; in the middle mountains (1000-1500 meters) -10 ° C and +20 ° C, at altitudes from 1500 to 2000 m -14 and +16, respectively.

The president Kyrgyz Republic

Sooronbai Jeenbekov

“The integration of the Kyrgyz Republic into the Eurasian Economic Union has been and remains priority in the foreign economic policy of the country. We attach great importance this association and aimed at further development productive and fruitful cooperation with the countries of the Union"

Geography

Territory: 199.9 thousand square meters km
Population: 6.26 million
Capital: Bishkek, 1 million inhabitants

Economic indicators

Gross domestic product in 2018 amounted to $8.1 billion at current prices. The index of the physical volume of the gross domestic product (in constant prices) in 2018 to 2017 is 103.5%.
The volume of industrial production in 2018 at current prices amounted to 3.7 billion US dollars. Industrial production index (in constant prices) in 2018 to 2017 - 105.4%.
The volume of agricultural production in 2018 at current prices amounted to 3.0 billion US dollars. The index of the physical volume of the gross domestic product (in constant prices) in 2018 to 2017 is 102.7%.
Oil production, including gas condensate in 2018 - 0.2 million tons, per capita - 31.6 kg.
Natural gas production in 2018 - 0.03 billion m3, per capita - 4.3 m3

Main Industries

Agriculture, hydropower, non-ferrous metallurgy, mining, mechanical engineering, instrumentation, light and food industries.

Additionally

The largest rivers, length on the territory of the state, km: Chu - 1300

The largest lakes, thousand km2: Issyk-Kul - 6

The highest altitude above sea level: Pobeda Peak - 7,439 m

Average monthly temperature:
January: -2.2°C to -29.1°C
July: from +4.1° С to +26.8° С

International integration economic association (union), the agreement on the establishment of which was signed on May 29, 2014 and comes into force on January 1, 2015.

Source: https://docs.eaeunion.org/ru-ru/

Composition of the EAEU

The union included Russia, Kazakhstan and Belarus.

The EAEU was created on the basis of the Eurasian Economic Community (EurAsEC) to strengthen the economies of the participating countries and "rapprochement with each other", to modernize and increase the competitiveness of the participating countries in the world market. The EAEU member states plan to continue economic integration in the coming years.

The history of the creation of the Eurasian Economic Union

In 1995, the presidents of Belarus, Kazakhstan, Russia and later the acceding states - Kyrgyzstan and Tajikistan signed the first agreements on the creation of the Customs Union. Based on these agreements, the Eurasian Economic Community (EurAsEC) was created in 2000.

On October 6, 2007 in Dushanbe (Tajikistan) Belarus, Kazakhstan and Russia signed an agreement on the creation of a single customs territory and the Customs Union Commission as a single permanent governing body of the Customs Union.

The Eurasian Customs Union or the Customs Union of Belarus, Kazakhstan and Russia was born on January 1, 2010. The customs union was launched as a first step towards the formation of a broader European Union type of economic union of the former Soviet republics.

Creation of the Eurasian customs union was guaranteed by 3 different agreements signed in 1995, 1999 and 2007.

The first treaty in 1995 guaranteed its creation, the second in 1999 guaranteed its formation, and the third in 2007 announced the creation of a single customs territory and the formation of a customs union.

As of December 2012, 31 Technical Regulations of the Customs Union have been developed, which cover different kinds products, some of which have already entered into force, and some will enter into force before 2015. Some technical regulations are yet to be developed.

Before as Technical regulations entered into force, the following rules were the basis for access to the market of the member countries of the Customs Union:

National certificate - for product access to the market of the country where this certificate was issued.
Certificate of the Customs Union - a certificate issued in accordance with the "List of products subject to mandatory assessment (confirmation) of conformity within the framework of the Customs Union" - such a certificate is valid in all three member countries of the Customs Union.

Since November 19, 2011, the member states have implemented the work of the joint commission (Eurasian Economic Commission) to strengthen closer economic ties to create the Eurasian Economic Union by 2015.

On January 1, 2012, the three states formed the Common Economic Space to promote further economic integration. All three countries have ratified the basic package of 17 agreements governing the launch of the Common Economic Space (CES).

May 29, 2014 in Astana (Kazakhstan) signed an agreement on the establishment of the Eurasian Economic Union.

On January 1, 2015, the EAEU began to function as part of Russia, Belarus and Kazakhstan. On January 2, 2015, Armenia became a member of the EAEU. Kyrgyzstan announced its intention to participate in the EAEU.

Economy of the Eurasian Economic Union

The macroeconomic effect of the integration of Russia, Belarus and Kazakhstan into the EAEU is created by:

Reducing the prices of goods, due to a decrease in the cost of transporting raw materials or exporting finished products.
Stimulation of "healthy" competition in the common market of the EAEU due to an equal level of economic development.
Increasing competition in the common market of the Customs Union member countries due to the entry of new countries into the market.
Average increase wages by reducing costs and increasing productivity.
Increasing production due to increased demand for goods.
Increasing the well-being of the peoples of the EAEU countries, due to lower food prices and an increase in employment.
Increasing the payback of new technologies and products due to the increased market size.

At the same time, the signed version of the agreement on the creation of the EAEU was of a compromise nature, and therefore a number of planned measures were not implemented in full. In particular, the Eurasian Economic Commission (EEC) and the Eurasian Economic Court have not received broad powers to control compliance with the agreements. If the EEC regulations are not followed, controversial issue considers the Eurasian Economic Court, whose decisions are only advisory in nature, and finally the issue is resolved at the level of the Council of Heads of State. Besides, topical issues on the creation of a single financial regulator, on the policy in the field of energy trade, as well as on the problem of the existence of exemptions and restrictions in trade between the EAEU participants were postponed until 2025 or indefinitely.

Governing bodies of the Eurasian Economic Union

The governing bodies of the EAEU are the Supreme Eurasian Economic Council and the Eurasian Economic Commission.

The Supreme Eurasian Economic Council is the supreme supranational body of the EAEU. The council includes heads of state and government. The Supreme Council meets at the level of heads of state at least once a year, at the level of heads of government - at least twice a year. Decisions are made by consensus. Decisions made become mandatory in all participating States. The Council determines the composition and powers of other regulatory structures.

The Eurasian Economic Commission (EEC) is one permanent regulatory body (supranational governing body) in the EAEU. The main task of the EEC is to provide conditions for the development and functioning of the EAEU, as well as the development of initiatives for economic integration within the EAEU.

The powers of the Eurasian Economic Commission are defined in Article 3 of the Treaty on the Eurasian Economic Commission dated November 18, 2010. All rights and functions of the previously existing Commission of the Customs Union have been delegated to the Eurasian Economic Commission.

The competence of the Commission includes:

customs tariffs and non-tariff regulation;
customs administration;
technical regulation;
sanitary, veterinary and phytosanitary measures;
enrollment and distribution of import customs duties;
establishment of trade regimes with third countries;
statistics of foreign and domestic trade;
macroeconomic policy;
competition policy;
industrial and agricultural subsidies;
energy policy;
state and municipal purchases;
domestic service trade and investment;
transport and transportation;
monetary policy;
intellectual property and copyright;
migration policy;
financial markets (banking, insurance, currency and stock markets);
and some other areas.

The Commission ensures the implementation of international treaties that make up the legal framework of the Eurasian Economic Union.

The Commission is also the depository of international treaties that formed the legal basis of the CU and CES, and now the EAEU, as well as decisions of the Supreme Eurasian Economic Council.

Within its competence, the Commission adopts non-binding documents, for example, recommendations, and can also make decisions that are binding in the EAEU member countries.

The budget of the Commission is made up of the contributions of the Member States and is approved by the Heads of the EAEU Member States.

Eurasian Economic Community (EurAsEC) - international economic organization, created for the effective promotion by the Parties of the process of forming the Customs Union and the Common Economic Space, as well as the implementation of other goals and objectives related to deepening integration in the economic and humanitarian fields.

The organization was created in full compliance with the principles of the United Nations and the norms international law and has international legal personality. This is a clearly structured system with a rigid mechanism for making and implementing decisions.

community and its officials enjoy the privileges and immunities necessary to perform the functions and achieve the goals provided for by the agreement on the establishment of the EurAsEC and the agreements in force in the Community.

In 2003, the Eurasian Economic Community received observer status in General Assembly UN.

Treaty establishing the EurAsEC was signed on October 10, 2000 in Astana and entered into force on May 30, 2001 after its ratification by all member states.

Five states have been members of the Eurasian Economic Community since its formation - Belarus, Kazakhstan, Kyrgyzstan, Russia and Tajikistan.

On January 25, 2006, a protocol was signed on accession to the organization of Uzbekistan. In October 2008, Uzbekistan suspended participation in the work of the EurAsEC bodies.

Since May 2002, the status of observers at the EurAsEC has been Ukraine and Moldova, since January 2003 - Armenia. They also have Interstate aviation committee(POPPY), Eurasian Development Bank (EDB).

EurAsEC - open organization. Any state that assumes the obligations arising from the Treaty on the Establishment of the EurAsEC and other Community agreements according to the list determined by the decision of the Interstate Council of the EurAsEC can become its member.

Observer status in the EurAsEC may be granted to a state or an international interstate (intergovernmental) organization upon request. The observer has the right to attend open meetings of the EurAsEC bodies, get acquainted with the documents and decisions adopted by the EurAsEC bodies, but does not have the right to vote in making decisions and the right to sign documents of the EurAsEC bodies.

The EurAsEC was created with the aim of developing economic cooperation, trade, effectively promoting the process of forming the Customs Union and the Common Economic Space, coordinating the actions of the Community states during integration into world economy and the international trading system.

One of the main vectors of the organization's activities is to ensure the dynamic development of the Community members by coordinating socio-economic transformations under efficient use their economic potentials in the interests of raising the living standards of peoples.

The main tasks of the Community:

completion of registration in full of the free trade regime, the formation of a common customs tariff and unified system measures of non-tariff regulation;
ensuring freedom of movement of capital;
formation of a common financial market;
agreeing on the principles and conditions for the transition to a single currency within the framework of the EurAsEC;
establishing general rules trade in goods and services and their access to internal markets;
creation of a common unified system of customs regulation;
development and implementation of interstate targeted programs;
creation level playing field for production and business activities;
formation of a common market for transport services and a unified transport system;
formation of a common energy market;
creation of equal conditions for the access of foreign investments to the markets of the Community states;
ensuring free movement of citizens of the EurAsEC states within the Community;
harmonization of social policy in order to form a community of social states, providing for a common labor market, single educational space, coordinated approaches to addressing health issues, labor migration, etc.;
convergence and harmonization of national legislations; ensuring interaction legal systems EurAsEC states in order to create a common legal space within the Community.

In accordance with the statutory goals and objectives of the Community and guided by the principle of multi-speed integration, Belarus, Kazakhstan and Russia in 2007-2010 created

Eurasian Economic Union (hereinafter referred to as the EAEU) - international organization regional economic integration, with international legal personality and established by the Treaty on the Eurasian Economic Union. The EAEU ensures the freedom of movement of goods, services, capital and labor, as well as the implementation of a coordinated, consistent and unified policy in the sectors of the economy.

The goals of the creation of the EAEU are:

comprehensive modernization, cooperation and increasing the competitiveness of national economies;
creating conditions for sustainable development economies of member states in order to improve the living standards of their populations.

Within the EAEU:

In relation to third countries of the EAEU, uniform measures of non-tariff regulation are applied, such as:

prohibition of import and (or) export of goods;
quantitative restrictions on the import and (or) export of goods;
exclusive right to export and (or) import goods;
automatic licensing (supervision) of export and (or) import of goods;
licensing procedure for import and (or) export of goods.

Member States of the Eurasian Economic Union

The history of the formation of the Eurasian Economic Union

The official start date for the formation of the Customs Union can be considered 1995, when the Agreement on the Establishment of the Union was concluded between the Russian Federation, the Republic of Kazakhstan and the Republic of Belarus. The purpose of this Agreement was to establish economic interaction between the parties, to ensure free trade and fair competition.

On February 26, 1999, the Treaty on the Customs Union and the Common Economic Space was signed. Russia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, and since 2006 - Uzbekistan became parties to the Treaty. Until the early 2000s, the participating countries were actively developing cooperation in various fields of activity (including socio-cultural, scientific).

In 2000, a decision was made to establish the Eurasian Economic Community (EurAsEC). The Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic, the Russian Federation and the Republic of Tajikistan became members of the community.

In 2003, the Agreement on the Formation of the Common Economic Space (CES) was signed. Work began on the preparation of the legal framework for the CES, which later became the basis for the functioning of the Union. Most important events In the process of forming the Customs Union, there were two informal summits of the heads of the EurAsEC states.

At an informal summit on August 16, 2006, the heads of the EurAsEC states decided to form a Customs Union within the EurAsEC, in accordance with which Kazakhstan, Belarus and Russia were instructed to prepare a legal framework. A year later, on October 6, 2007, at the EurAsEC summit, a package of documents was approved and signed that laid the foundation for the creation of the legal framework of the Customs Union (treaties on the creation of the Common Customs Territory and the formation of the Customs Union, on the Commission of the Customs Union, protocols on amending the Treaty on the Establishment of EurAsEC, on the procedure for the entry into force of international treaties aimed at forming the legal framework of the customs union, withdrawal from them and joining them). In addition, the Action Plan for the formation of a customs union within the framework of the EurAsEC was approved.

Officially, on January 1, 2010, the Customs Union of the Republic of Belarus, the Republic of Kazakhstan and the Russian Federation began to function. The united states began to apply in foreign trade with third countries a single customs tariff and common measures of non-tariff regulation, as well as streamlined tariff benefits and preferences for goods from third countries, the Customs Code of the Customs Union began to operate. Gradually, on the internal borders of the member countries of the Customs Union, customs clearance and customs control began to be canceled, points for receiving notifications were liquidated.

In 2012, international treaties came into force that form legal basis Common economic space of the Republic of Belarus, the Republic of Kazakhstan and the Russian Federation, creating the basis for the free movement of not only goods, but also services, capital and labor.

With the signing of the Treaty on the Eurasian Economic Union on May 29, 2014, the member countries of the Customs Union and the Common Economic Space laid the foundation for a new, closer interaction. On October 10, 2014, the Republic of Armenia acceded to the Treaty on the EAEU. On December 23, 2014, the Agreement on Accession of the Kyrgyz Republic to the EAEU was signed.

The structure of the unified customs legislation of the Eurasian Economic Union

In connection with the formation of the regulatory legal framework of the Eurasian Economic Union, the customs legislation of the member states is changing. First of all, in addition to the current national legislation, two more levels of regulation have appeared: international agreements of the member states of the Customs Union and Decisions of the Customs Union Commission (currently the Eurasian Economic Commission). On the this moment EAEU customs legislation is a four-level system:

Customs Code of the Eurasian Economic Union

Switching to more high level integration required major changes in the regulatory framework of the Union. Work on the creation of a new Customs Code has been going on for several years, the process required numerous approvals of amendments from the Member States of the Union. On December 26, 2016, the Customs Code of the Eurasian Economic Union was adopted, which replaced the Customs Code of the Customs Union adopted in 2009. The new EAEU TC entered into force on January 1, 2018. The document combines many international treaties and agreements of the Customs Union (for example, the Agreement on determining the customs value of goods transported across the customs border of the Customs Union), which will become invalid in whole or in part.

The Customs Code of the EAEU contains a number of new provisions concerning not only the structure of the Code itself (the new Customs Code of the Eurasian Economic Union contains 4 annexes, which were not in the Customs Code of the Customs Union), but also the rules of customs regulation in the Union. So, in the draft TC EAEU updated conceptual apparatus, introduced the principle of "single window", declared the priority of electronic declaration, made some changes to customs procedures, reformed the institution of an authorized economic operator, etc.

Governing bodies of the Eurasian Economic Union

The governing bodies of the EAEU are:

Supreme Eurasian Economic Council (supreme governing body)
Eurasian Intergovernmental Council
Eurasian Economic Commission (working permanent body)
Court of the Eurasian Economic Union

Areas of activity of the Eurasian Economic Commission.

The Eurasian Economic Union (EAEU) is an international integration economic association (union), the agreement on the creation of which was signed on May 29, 2014 and comes into force on January 1, 2015. The union included Russia, Kazakhstan and Belarus. The EAEU was created on the basis of the Customs Union of the Eurasian Economic Community (EurAsEC) to strengthen the economies of the participating countries and "rapprochement with each other", to modernize and increase the competitiveness of the participating countries in the world market. The EAEU member states plan to continue economic integration in the coming years.

The history of the creation of the Eurasian Economic Union

The establishment of the Eurasian Customs Union was guaranteed by 3 different treaties signed in 1995, 1999 and 2007. The first treaty in 1995 guaranteed its creation, the second in 1999 guaranteed its formation, and the third in 2007 announced the creation of a single customs territory and the formation of a customs union.

Access of products to the territory of the Customs Union was provided after checking these products for compliance with the requirements of the technical regulations of the Customs Union, which are applicable to these products. As of December 2012, 31 Technical Regulations of the Customs Union have been developed, which cover various types of products, some of which have already entered into force, and some will enter into force before 2015. Some technical regulations are yet to be developed.

Before the Technical Regulations entered into force, the following rules were the basis for access to the market of the member countries of the Customs Union:

1. National certificate - for product access to the market of the country where this certificate was issued.

2. Certificate of the Customs Union - a certificate issued in accordance with the "List of products subject to mandatory assessment (confirmation) of conformity within the framework of the Customs Union", - such a certificate is valid in all three member countries of the Customs Union.

May 29, 2014 in Astana (Kazakhstan) signed an agreement on the establishment of the Eurasian Economic Union.

Tasks

Completion of the full registration of the free trade regime, the formation of a common customs tariff and a unified system of non-tariff regulation measures

Ensuring the freedom of movement of capital

Formation of a common financial market

Coordination of the principles and conditions for the transition to a single currency within the framework of the EurAsEC

Establishment of common rules for trade in goods and services and their access to internal markets

Creation of a common unified system of customs regulation

Development and implementation of interstate targeted programs

Creation of equal conditions for industrial and entrepreneurial activities

Formation of a common market for transport services and a unified transport system

Formation of a common energy market

Creation of equal conditions for access of foreign investments to the markets of the Parties

Ensuring the free movement of citizens of the EurAsEC states within the Community

Coordination of social policy in order to form a community of social states, providing for a common labor market, a single educational space, coordinated approaches to addressing health issues, labor migration, etc.

Convergence and harmonization of national legislations

Ensuring the interaction of the legal systems of the EurAsEC states in order to create a common legal space within the Community

Interaction with the UN