Eurasian Economic Community

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Евразийское экономическое сообщество
Eurasian Economic Community

Image:EURASEC-Flag.png Flag of EurAsEC
member state      observer status
Headquarters	Moscow
Secretary General	Grigory Rapota
Formation - Signed - Effective	- 10 October 2000 - 31 May 2001

The Eurasian Economic Community (EurAsEC or EAEC) was put into motion on 10 October 2000 when Belarus, Kazakhstan, Kyrgyzstan, Russia and Tajikistan signed the treaty. EurAsEC was formally created when the treaty was finally ratified by all five member states in May 2001.

EurAsEC grew out of the CIS Customs Union. All the members of EurAsEC are also members of the older Commonwealth of Independent States and the relationship between the two organisations is ambiguous. The members have also all agreed that EurAsEC should be merged with the Central Asian Cooperation Organization (CACO).

With the revival of EurAsEC in 2005 there is a possibility for the Common Economic Space agenda to be implemented in its framework with or without the participation of Ukraine. This was confirmed in August 2006 [1] - initially a customs union, it will consist of Belarus, Russia and Kazakhstan, with the other EurAsEC members joining later.

Contents 1 Membership 2 Aims 3 Institutional framework 4 Comparison with other regional blocs 5 See also 6 External links

[edit] Membership

• Member states:
  •  Belarus (2001)
  •  Kazakhstan (2001)
  •  Kyrgyzstan (2001)
  •  Russia (2001)
  •  Tajikistan (2001)
  •  Uzbekistan (2006)
• Observers:
  •  Armenia (2003)
  •  Moldova (2002)
  •  Ukraine (2002)

In May 2002, Moldova and Ukraine were granted observer status within EurAsEC; however, Ukraine subsequently declared its desire not to become a full member state. Armenia received observer status in April 2003.

Uzbekistan applied for membership in October 2005 [2] when the process of merging the Central Asian Cooperation Organization and the Eurasian Economic Community began. The organizations joined on 25 January 2006. It is not clear what will happen to the status of current CACO observers that are not observers to EurAsEC (Georgia and Turkey).

[edit] Aims

The aims of EurAsEC include:

• Full-scale customs union and common market.
• Harmonisation of customs tariffs.
• Development of common guidelines on border security.
• Establishment of the general rules of trade in goods and in services and of their access to the domestic markets.
• The introduction of the standardised currency exchange regulation and of currency control.
• Development and the implementation of the joint programmes of social and economic development.
• Creation of equal conditions for production and entrepreneurial activity.
• The formation of the common market for transport services and united transport system.
• The formation of general energy market.
• Equal rights for citizens of participating states to obtain medical aid.
• Equal rights for citizens of participating states to enter into higher education.
• Rapprochement and the harmonisation of national legislation.

[edit] Institutional framework

• Intergovernmental Council
• Secretariat
• Commission of the Permanent Representatives
• Interstate parliamentary Assembly
• Law Court of the Association
• Integration Committee

[edit] Comparison with other regional blocs

Most active regional blocs

Regional bloc 1	Area (km²)	Population	GDP (PPP) ($US)		Member states 1
			in millions	per capita
EU	4,325,675	496,198,605	12,025,415	24,235	27
SAARC	5,136,740	1,467,255,669	4,074,031	2,777	8
CSN	17,339,153	370,158,470	2,868,430	7,749	10
ASEAN	4,400,000	553,900,000	2,172,000	4,044	10
NAFTA	21,588,638	430,495,039	15,279,000	35,491	3
EurAsEC	20,789,100	208,067,618	1,689,137	8,118	6
ECOWAS	5,112,903	251,646,263	342,519	1,361	15
SACU	2,693,418	51,055,878	541,433	10,605	5
GCC	2,285,844	35,869,438	536,223	14,949	6
COMESA	3,779,427	118,950,321	141,962	1,193	5
Agadir	1,703,910	126,066,286	513,674	4,075	4
CEMAC	3,020,142	34,970,529	85,136	2,435	6
CARICOM	462,344	14,565,083	64,219	4,409	14+1 3
EAC	1,763,777	97,865,428	104,239	1,065	3
CACM	422,614	37,816,598	159,536	4,219	5
PARTA	528,151	7,810,905	23,074	2,954	12+2 3
EFTA	529,600	12,233,467	471,547	38,546	4
Reference blocs and countries 2	Area (km²)	Population	GDP (PPP) ($US)		Political divisions
			in millions	per capita
UN	133,178,011	6,411,682,270	55,167,630	8,604	192
Germany	357,050	82,438,000	2,585,000	31,400	16
Japan	377,873	128,085,000	4,220,000	33,100	47
Canada	9,984,670	32,507,874	1,165,000	35,200	13
Indonesia	1,904,569	234,300,000	935,000	4,000	33
Brazil	8,514,877	187,560,000	1,616,000	8,600	27
Russia	17,075,200	143,782,338	1,723,000	12,100	89
India	3,287,590	1,102,600,000	4,042,000	3,700	35
China (PRC) 4	9,596,960	1,306,847,624	10,000,000	7,600	33
USA	9,631,418	300,000,000	12,980,000	43,500	50
1 Including data only for full and most active members 2 The first five states in the World by area, population and GDP (PPP) 3 Including non-sovereign autonomous entities of other states 4 Data for the People's Republic of China does not include Hong Kong, Macau and regions administered by the Republic of China (Taiwan).      smallest value among the blocs compared      largest value among the blocs compared During 2004. Source: CIA World Factbook 2005, IMF WEO Database This box: view • talk • edit

[edit] See also

• Central Asian Cooperation Organisation (CACO)
• Collective Security Treaty Organisation (CSTO)
• Regional organisations in the Post-Soviet space
• List of trade blocs

[edit] External links

• Foundation Agreement of EAEC