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Evgeny Balashov PhD in economy

Moscow State University (Sevastopol filial). EUROPEAN AND EURASIAN INTEGRATIONS:. SIMILARITIES AND DISTINCTIONS THROUGH . A PRISM OF A CHOICE OF UKRAINE. Evgeny Balashov PhD in economy.

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Evgeny Balashov PhD in economy

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  1. Moscow State University (Sevastopol filial) EUROPEAN AND EURASIAN INTEGRATIONS: SIMILARITIES AND DISTINCTIONS THROUGH A PRISM OF A CHOICE OF UKRAINE EvgenyBalashov PhD in economy

  2. Basic agreements which were taken as a foundation of European Economic Community (EEC) and Eurasian Economic Community (EAEC or EurAsEC): • Treaty of Rome  for EEC (1957) • Treaty of establishment of EurAsEC or EAEC (2000) • Treaty about Customs union and Common economic space (1999)

  3. EEC (1957): Participants • France; • Germany ; • Italy; • Belgium; • Netherlands; • Luxembourg

  4. Participants EurAsEC (2000): • Russian Federation; • Belarus; • Kazakhstan; • Kyrgyzstan; • Tadzhikistan; • Uzbekistan (2006-2008)

  5. Participants Customs union: • Russian Federation; • Belarus; • Kazakhstan; • Kyrgyzstan (2011)

  6. Participants Common economic space: • Russian Federation; • Belarus; • Kazakhstan.

  7. Aims • promotion welfare of the community; • growth of the level of the social-economic development; + EEC: • “to continue the process of creating an ever closer union among • the peoples of Europe” • “to achieve the strengthening and the convergence of their economies • and to establish an economic and monetary union”

  8. Mechanisms of achievement Common moments: • Revocation of custom duty for the members of the unions; • Forming of Common market by means of leading in fourth liberties (free transference of goods, capitals, services and workforce); • Realization of “common politics”; • Development general transport, energetic and information networks. harmonization of monetary management and tax policy treaty of EurAsEC

  9. Steps of formation Formation of customs union Creation of the common market of goods, services, capitals and workforce, concordance of economic policy, establishment of common infrastructure, consummation of harmonizing of legislation; Creation of the Economic and currency union.

  10. Institutions of the European Economic Community (EEC): • The Council of Ministers • the Commission • The Parliamentary Assembly • The Court of Justice.

  11. Institutions of the Eurasian Economic Community (EAEC): • Interstate Council • Integration Committee • Interparliamentary Assembly • Community's Court of Justice

  12. Thank you for your attention

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