EU – EAEU: Is there potential for developing interaction?

On 17 January 2018 in Moscow, as part of the Gaidar Forum, the panel session “EU – EAEU: Is there potential for developing interaction?” took place. Young researchers from the Eurasian sector, CCEIS, Higher School of Economics and from analytical portal “Eurasian Studies” visited the expert discussion.

The speakers of the event were: Vladimir Salamatov, Chairman, Committee, EAEU Business Council; General Director, Research Centre “International Trade and Integration” (moderator); Markus Ederer; Ambassador of the European Union to Russia; Marina Larionova, Vice-President, Committee on International Cooperation, Russian Union of Industrialists and Entrepreneurs; Djoomart Otorbaev, Prime Minister of Kyrgyz Republic (2014-2015); Frank Schauff, General Director, Association of European Businesses; Tatyana Valovaya, Member (Minister), Commission for Integration and Macroeconomics, Eurasian Economic Commission; Evgeniy Vinokurov, Director, Centre for Integration Research, Eurasian Development Bank.

The European countries were among the first ones in the world to take the initiative for regional integration. And as a result, a highly successful structure – the European Union – was created. Another successful example of regional economic integration is the transformation of the Customs Union of Russia, Belarus and Kazakhstan, established in 2010, into the Eurasian Economic Union consisting of five states. These two integration projects have both similarities and differences.

Among the issues discussed were: Is there potential for interaction between these two unions? What is needed for constructive cooperation between integration unions? What benefits may such cooperation give and what are its limitations? Is it possible to establish cooperation between the EU and EAEU business communities without having institutional interaction mechanisms? What steps may be taken for this purpose? In what areas is there potential for cooperation?

EEC Minister Tatyana Valovaya presented a general overview on the current level of economic interaction and the prospects for cooperation between the Eurasian Economic Union (EAEU) and the European Union (EU)

Yuri Kofner, head of the Eurasian sector, CCEIS, Higher School of Economics, stated that cooperation between the Eurasian Economic Commission and European Commission at the technical level has already begun. In November 2017, a delegation of the Directorate-General for Trade of the European Commission visited the EEC office in Moscow to discuss issues of technical regulation. 

Director, Centre for Intergration Studies, Eurasian Development Bank Evgeny Vinokurov presented some of the results of the  “Transport Corridors in Greater Eurasia” fast track study that was conducted as part of the international research project “Challenges and Opportunities for a Wider European and Eurasian Economic Space” (InEurasia). In particular, the economist noted the potentials for developing not only hard, but also “soft” infrastructure (customs procedures, technical regulation, digitalization).

 

 


Markus Ederer; Ambassador of the European Union to Russia.

Djoomart Otorbaev, Prime Minister of Kyrgyz Republic (2014-2015).

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