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EAEU and International Trade: Issues of Non-Tariff Regulation Improvement

Author

Listed:
  • Elena Leonidovna Andreeva

    (Institute of Economics, the Ural Branch of RAS (Ekaterinburg))

  • Petr Vladimirovich Il`yasov

    (Institute of Economics, the Ural Branch of RAS (Ekaterinburg))

Abstract

The article is devoted to the topical issue of non-tariff regulation improvement, in particular within the EAEU, as one of the drivers of international trade in the context of its stagnation due to global challenges. The study aims at developing a theoretical framework for non-tariff regulation, identifying problems of its application and justifying the prospects within the EAEU. A classification of non-tariff regulation measures (NTMs) was worked out and the changes in their application over the period 2009-2020 with the impact on international trade were analyzed. The features of using NTMs in trade are revealed. Global trends and problems in the application of NTMs as well as issues specific to the EAEU are outlined. Given the priority to reduce trade costs associated with NTMs the areas for improving NTMs without affecting adversely public health and environmental protection were determined. The key suggestions regarding implementation of NTMs in the EAEU are presented.

Suggested Citation

  • Elena Leonidovna Andreeva & Petr Vladimirovich Il`yasov, 2021. "EAEU and International Trade: Issues of Non-Tariff Regulation Improvement," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 2, pages 21-38, February.
    • Handle: RePEc:alq:rufejo:rfej_2021_02_21-38
    DOI: 10.24411/2072-8042-2021-2-21-38
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