The Eurasian Union – much potential, little results
Niemi, Riku (12.01.2016)
Numero
1/2016Julkaisija
Suomen PankkiBank of Finland
2016
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-201601181007Tiivistelmä
Russia, Kazakhstan, and Belarus established the Eurasian Customs Union in 2010. Five years later, it became the Eurasian Economic Union. External tariffs have been harmonised and some internal trade barriers have been tackled. Most notably, internal border controls had been abolished by July 2011. This policy brief brings together facts and data on recent changes in trade-related institutions, trade barriers and trade flows across the internal and external borders of the Union. Trade barriers and flows are analysed at the level of product categories. The purpose is to identify the countries and sectors where the greatest trade creation or diversion is likely to have taken place and whether notable changes can be observed.