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On Similarities and Differences of the European Union and Eurasian Economic Union Legal Orders

On Similarities and Differences of the European Union and Eurasian Economic Union Legal Orders PDF Author: Roman Petrov
Publisher:
ISBN:
Category :
Languages : en
Pages : 11

Book Description
This contribution is devoted to the study of legal order of the Eurasian Economic Union (EAEU). It is done through the analysis of similarities and differences of the EAEU legal order with those of the EU. It is argued that the notion 'EU acquis' has been extended beyond the EU and has been exported to legal orders of other international organizations. It poses the question whether the notion 'acquis' can have the same meaning within the legal order of the EAEU. On the one hand, some institutional similarities between the EAEU and the EU as well as the dynamic nature of the EAEU legal order give us a ground to apply the notion 'acquis' with regard to the EAEU in order to describe the political and legal heritage of the integration projects within the post-Soviet area. On the other hand, considerable differences between the EU and the EAEU legal systems (different degrees of supranationality, weak role of the Court of the Eurasian Economic Union, and strictly normative understanding of the definition of the 'Union Law' in the EAEU Treaty) bring into question the relevance of the notion of the 'EAEU acquis'. Analysis of the notion 'EAEU acquis' encourages a discussion about the necessity to revisit its narrow scope towards inclusion of fundamental concepts of common values, founding principles like rule of law and non-discrimination and direct effect.

On Similarities and Differences of the European Union and Eurasian Economic Union Legal Orders

On Similarities and Differences of the European Union and Eurasian Economic Union Legal Orders PDF Author: Roman Petrov
Publisher:
ISBN:
Category :
Languages : en
Pages : 11

Book Description
This contribution is devoted to the study of legal order of the Eurasian Economic Union (EAEU). It is done through the analysis of similarities and differences of the EAEU legal order with those of the EU. It is argued that the notion 'EU acquis' has been extended beyond the EU and has been exported to legal orders of other international organizations. It poses the question whether the notion 'acquis' can have the same meaning within the legal order of the EAEU. On the one hand, some institutional similarities between the EAEU and the EU as well as the dynamic nature of the EAEU legal order give us a ground to apply the notion 'acquis' with regard to the EAEU in order to describe the political and legal heritage of the integration projects within the post-Soviet area. On the other hand, considerable differences between the EU and the EAEU legal systems (different degrees of supranationality, weak role of the Court of the Eurasian Economic Union, and strictly normative understanding of the definition of the 'Union Law' in the EAEU Treaty) bring into question the relevance of the notion of the 'EAEU acquis'. Analysis of the notion 'EAEU acquis' encourages a discussion about the necessity to revisit its narrow scope towards inclusion of fundamental concepts of common values, founding principles like rule of law and non-discrimination and direct effect.

The Eurasian Economic Union and the European Union

The Eurasian Economic Union and the European Union PDF Author: Angela Di Gregorio
Publisher:
ISBN: 9789462367364
Category : Economics
Languages : en
Pages : 0

Book Description
This volume analyzes the evolution of geo-political and economic integration in the Eurasian area. The Eurasian integration is a growing phenomenon and the largest scale analysis proves necessary to avoid simplistic judgments based only on the geo-political approach. The editors of this publication present different profiles of integration, such as the geo-political and constitutional aspect, the relations with the European Union, migration issues, energy flows, the compatibility between the Eurasian and the WTO law, and the comparison with the European integration model. The book presents a wide range of viewpoints through essays of specialists from Russia, Ukraine, Lithuania, Belarus, Italy, France. The book is of interest to academics and practitioners in constitutional, international and European law, international relations, and political science. It was published with the support of the Department of International Studies of the University of Milan, within which a specific multidisciplinary research group on the countries of Central and Eastern Europe, well known at national and international level, has consolidated its experience over the years. [Subject: Public International Law, EU Law, European Law, Constitutional Law, Politics, International Relations]

Integrating Markets in Banking Services

Integrating Markets in Banking Services PDF Author: Gulnaz Ospanova
Publisher:
ISBN: 9783031152832
Category :
Languages : en
Pages : 0

Book Description
This book deals with the banking integrations, which are becoming crucial at the present time not only because of the increased number of economic integrations, but also in view of their qualitative improvement. This book compares the European Union (EU) as the most successful union, which was able to move from the common financial market to the top of banking integration - the Banking Union, and the Eurasian Economic Union (EAEU) as a relatively young union but having many good prerequisites to become an influential union, established by five states - the Russian Federation, Kazakhstan, Belarus, Armenia, and the Kyrgyz Republic in 2015. The key research question is whether the single market in banking services or banking union is a reachable goal or on the contrary- utopia. Throughout the research, the book uncovers the bottlenecks and barriers that the EU and EAEU policymakers faced during the difficult process of establishing the single market and baking union. However, along with the problems of banking integration, the book identifies many particularities of the harmonization of banking legislations of the EU Member States. These identified particularities can be very beneficial for young unions and serve as a kind of guide in their integration processes. In particular, the book comes to the findings that evolutionary (not revolutionary) harmonization is required in order for the EAEU to become a full-fledged union. The full-fledged union, which was mutually established by the EAEU Member States with the purpose of bringing positive results for all its Member States, but not just as a counterbalance to the EU.

The Emerging Autonomous Legal Order of the Eurasian Economic Union

The Emerging Autonomous Legal Order of the Eurasian Economic Union PDF Author: Maksim Karliuk
Publisher: Cambridge University Press
ISBN: 1316514064
Category : Law
Languages : en
Pages : 283

Book Description
An original systematic assessment of the legal order of the Eurasian Economic Union, examining it as another iteration of post-Soviet integration.

The Eurasian Economic Union and Integration Theory

The Eurasian Economic Union and Integration Theory PDF Author: Mikhail Mukhametdinov
Publisher: Springer Nature
ISBN: 3030342883
Category : Political Science
Languages : en
Pages : 214

Book Description
This book evaluates the utility of the Eurasian Economic Union in economic, political, cultural and geostrategic dimensions. It does so through a systematic comparison of the bloc with aspects of the European Union along a number of criteria derived from integration theory. The book concludes that the EAEU is a useless undertaking, at least for Russia, in any of the integration dimensions discussed. This is so because of the inherent properties of the region, and also because of the behaviour of the member states in the context of Russia’s resistance to the West. Besides, the principles of liberal economics, endorsed by the union, contribute to asymmetries in development among its member states. In addition to a symbolic event spotlighting Russia’s regional leadership, the union appears mainly as a shop where gas is sold below market prices, and as an import base of unskilled labour for Russia in conditions of Russia’s high unemployment and underemployment. Concurrently, the book discusses Russia’s grievances with the West, which have been inducing and constraining Eurasian integration at the same time.

The Impact of the European Court of Justice on Neighbouring Countries

The Impact of the European Court of Justice on Neighbouring Countries PDF Author: Arie Reich
Publisher: Oxford University Press
ISBN: 0192598007
Category : Law
Languages : en
Pages : 355

Book Description
There is a considerable mismatch between theories on the influence of the EU outside its borders and concrete knowledge on whether and to what extent the suggested impact is of any practical relevance. The aim of this book, therefore, is to help close that gap in the knowledge concerning the role and function of the Court of Justice of the European (CJEU) outside its own borders in selected countries. Scholars from Armenia, Azerbaijan, Georgia, Israel, Jordan, Russia, Switzerland, Tunisia, Turkey, Ukraine and the Eurasian Economic Union have researched and explored how their respective countries have been influenced by the CJEU. This title looks at 'why' along with 'how' these decisions have been utilized. All of this culminates in an effort to be able to rank the degree to which the CJEU is influencing non-EU jurisdictions according to a common scale. Looking across the selected countries, this title analyses the research provided by the scholars. This includes a brief description of the relationship and agreements between the EU and the country, a concise history of the country's judiciary, a full account of the extent to which the country's courts have cited CJEU judgements, and an analysis of that extent and the impact they have had. Other factors are explored as well, such as countries who want to join the EU might aim for more legal harmonization between them and the EU. These metrics are used to compare across the neighbourhood countries and draw conclusions about CJEU influence and impact outside of the EU. This comprehensive edited collection is an in-depth look at the actual impact of the CJEU in neighbourhood countries, providing crucial information in an overlooked field of EU law.

Regulatory Competition Within the Eurasian Economic Union and the European Union - A Comparative Legal Analysis

Regulatory Competition Within the Eurasian Economic Union and the European Union - A Comparative Legal Analysis PDF Author: Aleksandra Klofat
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description
This article investigates the potential for regulatory competition within the legal framework of the Eurasian Economic Union (EEU). By comparing the legal structures of the EU and the EEU, this article outlines the ways in which regulatory competition is embedded in each of the legal frameworks of these integration areas. The empirical focus of this article is based upon the respective founding treaties, tax law and corporate law within each of the integration initiatives. The analysis shows that the EEU is attempting to emulate the integration process and the legal structures of the EU in several ways. However, due to the centralist tendencies within the EEU, there is little space for regulatory competition to emerge on the general institutional tier. The questions of whether and to what extent the EEU's legal framework will effectively enable regulatory competition are greatly dependent upon the particular area of law that is applied.

Eurasian Union

Eurasian Union PDF Author: Nicu Popescu
Publisher:
ISBN:
Category : Eurasia
Languages : en
Pages : 45

Book Description
"The recent history of Russian attempts to reintegrate the post-Soviet space is littered with failed political and economic initiatives. Such initiatives have included the creation of the Union State of Russia and Belarus in the 1990s, the Eurasian Economic Community launched in 2000, and the GUUAM (Georgia, Ukraine, Uzbekistan, Azerbaijan and Moldova) grouping launched in 1997. So far the only project which seems likely to come to fruition is the Customs Union of Russia, Belarus and Kazakhstan which is scheduled to become the Eurasian Economic Union as of 1 January 2015. The Eurasian Union exists already. Its physical headquarters -- the Eurasian Economic Commission -- is a bureaucratic structure with a staff of 1,000 housed in an eleven-story glass and steel building on Vivaldi Plaza in a business complex near Paveletsky railway station in Moscow. Its legal basis is the Eurasian Union treaty signed in May 2014. In fact, however, there are two Eurasian Unions: one real, and the other imaginary. One is economic, and the other geopolitical. The real Eurasian Economic Union is an international organisation like many others. It has a legal identity, a secretariat and is staffed by bureaucrats who would not look out of place in the European Commission building in Brussels or the WTO secretariat in Geneva. Its member states exchange trade concessions among themselves and rely on the institution as an external enforcer of rules. But there is another Eurasian Union, one fuelled by geopolitical aspirations. President Putin launched this phase of Eurasian integration, the key foreign policy objective of his third presidential term in the Kremlin, in an article in Izvestia in October 2011. His vision was for the Eurasian Union not just to foster a new round of post-Soviet reintegration: he also wanted to turn the Eurasian Union into one of the 'building blocks' -- on a par with the EU, NAFTA, APEC and ASEAN -- of 'global development'. The Union was supposed to crown Vladimir Putin's efforts to reintegrate the post-Soviet states: it was to be the instrument by which he would 'bring Russia up from its knees' and make it a distinctive pole of influence in a multipolar world by reversing the 'civilised divorce' of former Soviet republics from the USSR"--Publisher's web site.

The Early Case Law of the Eurasian Economic Union Court

The Early Case Law of the Eurasian Economic Union Court PDF Author: Kirill Entin
Publisher:
ISBN:
Category :
Languages : en
Pages : 42

Book Description
The present article examines the first years of the Eurasian Economic Union (EAEU) through the prism of the Eurasian Economic Union Court's jurisprudence and draws parallels with the case law of the Court of Justice of the European Union. The EAEU Court has taken first steps in establishing an autonomous legal order, but also in linking it with international law. It has interpreted the relevant law to create a system of legal remedies and started in the interpretive construction of a common market. We conclude that some differences to EU law are due to the institutional context. At the same time, the EAEU Court has deliberately taken some decisions to establish its own balance between autonomy and openness of the legal order it is called to interpret and simultaneously create.

Eurasian Union: the Real, the Imaginary and the Likely

Eurasian Union: the Real, the Imaginary and the Likely PDF Author: Antonio Missiroli
Publisher:
ISBN: 9789291982479
Category :
Languages : en
Pages :

Book Description
This study focuses primarily on the Eurasian Customs/Economic Union promoted by Russia. It analyses both the existing Eurasian Union and the related 'imagined communities' floated by some players close to the Kremlin - and compares them. The paper presents and highlights hard facts (economic, political, and legal) as well as hard truths, for both Moscow and Brussels. And it pleads for a more sober and rational approach to the common European space between Russia and the EU - one whereby more cooperative games may eventually prevail and 'lose-lose' outcomes be prevented.