Tajikistan intensifies study on Eurasian Economic Union (EAEU) membership

_ Asia-Plus. 27 November 2017.

A report by the European Bank for Reconstruction and Development (EBRD), Transition Report 2017-18: Sustaining Growth, in particular, notes that Tajikistan is intensifying the study of the issue related to Tajikistan’s joining the Eurasian Economic Union (EAEU).

The head of the Customs Service of Tajikistan reportedly announced in July this year that an expert committee had completed its study of Tajikistan’s potential EAEU accession.  The results have not been made public, according to the report.

Negotiations for Tajikistan’s accession to the EAEU have been slow.  However, the difficult situation in the banking sector and the broader economy might motivate Tajikistan to seek closer ties with the EAEU to request financial support, the report says.

Recall, the head of the Customs Service under the Government of Tajikistan, Abdufattoh Ghoib told reporters in Dushanbe on July 19, 2016 that they had been studying the issue of entry and “The working group has prepared all necessary materials and submitted them for consideration to the government.”

Earlier in July last year, Leonid Slutsky, a member of the Russian State Duma — chairman of the Committee on the Commonwealth of Independent States, Eurasian Integration, and Links with Compatriots — said that Tajikistan would soon announce its intention to join the EAEU.  Slutsky said, “I think Dushanbe will declare its wish within the next year — it [Tajikistan] seeks after this more than any other CIS nation.”

Meanwhile, Tajik Ambassador to Belarus, Mr. Qozidavlat Qoimdodov, considers that Tajikistan needs time to thoroughly study the issue of joining the Eurasian Economic Union.

“Countries certainly should join together, but they need to do this bearing in mind their own interests.  It is wrong to join unions blindly, without much thought.  Tajikistan and Belarus are members of certain economic and political blocs,” Tajik diplomat told Belarusian state-run news agency BelTA in an interview In June last year.

“Countries certainly should join together, but they need to do this bearing in mind their own interests.  It is wrong to join unions blindly, without much thought.  Tajikistan and Belarus are members of certain economic and political blocs,” stressed Qoimdodov stressed.  “There ought to weigh all the pluses and the minuses of our possible entry into this integration union.”

At the same time, he noted that the EAEU member nations were major trading partners of Tajikistan.

The Eurasian Economic Union (EAEU) is an economic union of states located primarily in northern Eurasia.  A treaty aiming for the establishment of the EAEU was signed on May 29, 2014 by the leaders of Belarus, Kazakhstan and Russia, and came into force on January 1, 2015. Treaties aiming for Armenia’s and Kyrgyzstan’s accession to the Eurasian Economic Union were signed on October 9 and December 23, 2014, respectively.  Armenia’s accession treaty came into force on January 2, 2015.  Kyrgyzstan’s accession treaty came into effect on August 6, 2015.

The Eurasian Economic Union has an integrated single market of 183 million people and a gross domestic product of over 4 trillion U.S. dollars (PPP).  The EAEU introduces the free movement of goods, capital, services and people and provides for common transport, agriculture and energy policies, with provisions for a single currency and greater integration in the future.  The union operates through supranational and intergovernmental institutions.  The Supreme Eurasian Economic Council is the “Supreme Body” of the Union, consisting of the Heads of the Member States.  The other supranational institutions are the Eurasian Commission (the executive body), the Eurasian Intergovernmental Council (consisting of the Prime Ministers of member states) and the Court of the EAEU (the judicial body).

Source: https://www.asiaplus.tj

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