Trade Integration in Services in the Eurasian Economic Union: Between Myth and Reality

Торговая политика. 2017. No. 4. P. 25–41.

Biryukova O. V.

Within  the  framework  of  the  Eurasian  Economic  Union  (EAEU),  a  gradual  formation of the single market of services is envisaged, both separately for different sectors  and  subsectors,  and  for  horizontal  level  among  the  Member  States.  The  order and formation of the services market and its sectoral coverage are to be determined by the liberalization plans approved by the Supreme Eurasian Economic Council.  The  countries  prepared  a  set  of  Rules  of  trade  in  services,  institutions,  and activities that would allow to shape the licensing and regulatory system, make it more transparent, and reduce administrative and financial burden for authorities and businesses within the countries of the Union. It is expected that practical application of the Rules would cause reduction of the costs of services and goods for the population of the EAEU countries. Over the past few years, the countries of the EAEU have made an unprecedented and ambitious way forward in the formation of the single market for services in terms of a normative basis. At the same time,  much  remains  to  be  done  with  regard  to  practical  implementation  of  the proposed  measures  which  is  impossible  without  proper  functioning  of  institutions, reduction of mutual technical and administrative barriers, and a favorable investment climate in the economies of the participating countries.

Keywords: торговля услугами, экономическая интеграция, economic integration, Евразийский экономический союз, trade in services, Eurasian Economic Union, barriers to trade, барьеры в торговле