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The Eurasian Economic Union - an Old Idea in Course of Being to Materialize

Author

Listed:
  • Edith Mihaela Dobre
  • Emilian M. Dobrescu

Abstract

On May 29, 2014, Russia, Belarus and Kazakhstan signed the Treaty for the establishment of the Eurasian Economic Union (EEU), the organization will operate from 1 January 2015. Creation of the Eurasian Economic Union will allow a high level of integration. The three countries have assumed such obligations to guarantee the free movement of goods, services, capital, labor, and the creation of common policies in the fields of energy, industry, agriculture and transport.

Suggested Citation

  • Edith Mihaela Dobre & Emilian M. Dobrescu, 2014. "The Eurasian Economic Union - an Old Idea in Course of Being to Materialize," Revista de Economie Mondiala / The Journal of Global Economics, Institute for World Economy, Romanian Academy, vol. 6(2), June.
  • Handle: RePEc:iem:journl:v:6:y:2014:i:2:id:2822000009237043
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    More about this item

    Keywords

    Eurasian Union; economic integration; economic development;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • G00 - Financial Economics - - General - - - General

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