Eurasian Economic Union is the highest stage of Eurasian integration.

Authors

  • F. P. Urazayeva

Keywords:

Eurasian Economic Union, Nursultan Nazarbayev, economy, integration, member states,

Abstract

The article try to prove the importance of the Eurasian Economic Union, which became operational from 1 January 2015 year. Eurasian integration first of all is economic integration today. It means free movement of goods, capital, services and labor throughout the member states. All states have real advantages. Each Member State in this new international economic structure will have specific benefits. One of the specific feature is that the supranational body will be located in different countries. Eurasian Economic Commission is in Moscow, Eurasian Development Bank is located in Almaty, and the arbitral tribunal will be in Minsk. Union already has its place in the international arena. Eurasian Economic Union is not a closed structure, it is open to all countries wishing to have close trade and economic ties with the international structure.

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How to Cite

Eurasian Economic Union is the highest stage of Eurasian integration. (2016). International Relations and International Law Journal, 69(1). https://bulletin-ir-law.kaznu.kz/index.php/1-mo/article/view/8