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Journal of International Economic Law Advance Access originally published online on May 22, 2009
Journal of International Economic Law 2009 12(3):555-578; doi:10.1093/jiel/jgp023
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© Oxford University Press 2009, all rights reserved

Trade Integration in the CIS Region: A Thorny Path Towards a Customs Union

Sherzod Shadikhodjaev*

* Associate Research Fellow (PhD), WTO Research Team, Department of Trade and Investment Policy, Korea Institute for International Economic Policy (KIEP). E-mail: sherzod1{at}yahoo.com.


  Abstract

One of the peculiarities of trade integration in the Commonwealth of Independent States (CIS) is that it was launched by non-WTO members. Nevertheless, their wish to integrate into the multilateral trading system induced them to incorporate WTO standards into their RTAs. Another distinctive feature is that integration in the CIS proceeds at diverse speed and different levels. CIS integration towards a customs union has taken place in three directions within the CIS economic union, the Eurasian Economic Community (EurAsEC) and the Single Economic Space (SES), though only the EurAsEC project has remained operational. Overlapping disciplines adopted within different regional frameworks are a barrier to intense trade integration, so certain coordination is needed. The formation of a EurAsEC customs union in parallel with the WTO accession talks is very challenging. Thus it is suggested to finalize the creation of the customs union either before or after the WTO accession of all EurAsEC members.


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