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Customs Union

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Customs Union
Outline I. Introduction
Thesis statement: The Customs Union for Russia, Kazakhstan, and Belarus is a purposeful union, which serves to meet several aims. II. Body A. In the light of common aspiration to the WTO accession, it is worth of examining why preference of states was given to multilateral over preferential trade. B. The idea of the multilateral cooperation and creation of a common economic space, elimination of borders and regional integration is not new in the post-Soviet space. 1. “Putinomics” an attempt of Putin to bring back Soviet Union and Russian supremacy; 2. “Eurasian Union” similar to “ASEAN”; C. In theory, customs unions are created to eliminate the trade barriers and decrease customs obligations between several states. 1. It requires confidence in partners and share of responsibilities; 2. single economic region; D. There are many different assumptions why Customs Union was created. 1. supremacy of Russia over the territory of the former Soviet states; 2. a strategic step in the WTO accession; 3. reduction of Chinese influence and prevent massive imports of Chinese goods; 4. beneficial for entrepreneurs and domestic production enterprises; 5. fair competition; 6. effective legal protection against corrupt schemes and fraud mechanisms; E. Several other post-Soviet neighboring states were also invited to join the club. 1. The Ukraine; 2. Tajikistan; 3. Kyrgyzstan; F. It is noteworthy of saying that pre-existing Customs Union trade relations and economic ties cannot be described as dynamic ones. 1. statistical numbers; G. An interesting observation is that “with few exceptions, all the countries bordering the Western fringes of the former Soviet Union have intensified their trade relations with the European Union as well as with China, whose importance in Central Asian trade has been growing. 1. statistical data; H. Official Astana firmly defended



Bibliography: Adelaja, T. (2012). Putinomics Abroad. Russia Profile, Section: Politics. Retrieved November 16, 2012 http://russiaprofile.org/politics/57118/print_edition/ Krotov, I Astana Economic Forum, News, “Nursultan Nazarbayev «Eurasian Union: from idea to the history of the future»”, (n.d.), pp. 1 – 10. Retrieved November 16, 2012, from http://aef.kz/upload/news/statya%20Nazarbayeva.pdf Belarus Digest, Economy, “WTO v Business Dictionary.com. (n.d.). Retrieved November 16, 2012, from http://www.businessdictionary.com/definition/customs-union.html Embassy of the Republic of Kazakhstan, Discover Kazakhstan, Economy, “Accession to the WTO”, (n.d.) The Fish Site, News and Analysis, “Russia, Kazakhstan, Belarus Keep Customs Union”, (2012). p. 1. Retrieved November 18, 2012, from http://www.thefishsite.com/fishnews/17679/russia-kazakhstan-belarus-keep-customs-union U.S.A WTO, What is the WTO, “General benefits from WTO membership”. (n.d.). Retrieved November 17, 2012, from http://www.wto.memst.kz/ic/index.php/en/what-is-the-wto/general-benefits-from-wto-membership

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