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population gdp 2011 in millions usd gdp 2012 in millions usd per capita belarus 9 459 000 59 735 63 259 6 739 russia 143 455 000 1 899 056 2 021 960 14 247 kazakhstan 17 027 000 183 107 196 419 11 773 kyrgyzstan 5 717 000 6 199 6 473 1 158 uzbekistan 30 214 000 45 353 51 168 1 737 tajikistan 8 044 000 6 523 7 592 953 eaec total 213 916 000 2 189 991 2 346 871 10 971 economic cooperation edit single economic space edit main article single economic space of the eurasian economic union see also common economic space of the commonwealth of independent states and single economic space of belarus kazakhstan russia and ukraine after discussion about the creation of a common market between the cis countries of russia ukraine belarus and kazakhstan agreement in principle about the creation of this space was announced after a meeting in the moscow suburb of novo ogarevo on 23 february 2003 the common economic space would involve a supranational commission on trade and tariffs that would be based in kyiv would initially be headed by a representative of kazakhstan and would not be subordinate to the governments of the four nations the ultimate goal would be a regional organisation that would be open for other countries to join as well and could eventually lead even to a single currency on 22 may 2003 the verkhovna rada the ukrainian parliament voted 266 votes in favor and 51 against the joint economic space however viktor yushchenko s victory in the ukrainian presidential election of 2004 was a significant blow against the project yushchenko had shown renewed interest in ukrainian membership in the european union and such membership would have been incompatible with the envisioned common economic space on march 1 2010 the first deputy head of the presidential administration of newly elected ukrainian president viktor yanukovych iryna akymova stated that ukraine does not intend to join the customs union of russia kazakhstan and belarus in the near future since the customs union contradicts and will greatly complicate ukraine s membership in the wto 10 a single market for the eurasian economic community came into effect in january 2012 8 followed by the creation of the eurasian economic union on 1 january 2015 8 customs union of the eurasian economic union edit main article customs union of the eurasian economic union forming a customs union between eurasec member states became a top priority from spring 2008 when the eu announced its eastern partnership since that time there has been discord between the eu and russia with both sides accusing the other of attempting to carve out spheres of influence over the countries at issue belarus armenia azerbaijan georgia moldova and ukraine a supranational body of the customs union the eurasian economic commission was established on december 12 2008 boiled down to its essence russia has offered eurasec members access to its markets i e for kazakhstan and lower energy prices i e belarus ukraine the eu s offer to membership countries amounts to promises of de facto eu integration such as relaxed visa entry requirements kazakhstani president nursultan nazarbayev had proposed the creation of a common noncash currency called yevraz for the community this would have reportedly helped insulate the countries from the global economic crisis 11 on 3 september 2013 euobserver reported that armenia had decided to join the eurasian customs union the website quoted a russian government communique stating that armenia has decided to join the customs union and take the necessary practical steps to subsequently participate in the formation of the eurasian economic union 12 anti crisis fund edit on 9 june 2009 member states of the eurasec in collaboration with armenia announced the establishment of an anti crisis of eurasec fund to deal with the effects of the 2008 financial crisis 13 the russian finance minister alexei kudrin clarified the money from the fund will be used to grant sovereign loans and stabilization credits to member states and to finance interstate investment projects therefore this fund will be a kind of replica of the regional international monetary fund imf and the european bank for reconstruction and development ebrd as we know the imf provides credit stabilization globally while the ebrd grants loans for investment projects russia has refused to increase the amount of its contribution to the imf which would have been used to grant loans to stabilize countries in need around the world instead it creates a regional fund to help its neighbors and allies belarusian president alexander lukashenko said the eurasian economic community will establish a fund of 10 billion to deal with the financial crisis on june 9 2009 the fund was established at a meeting of the eurasec russia and kazakhstan contributed 7 5 billion and 1 billion respectively to the anti crisis fund 13 history edit origins of the eurasian economic community edit summit of the eurasec on 31 may 2001 on october 10 2000 when reforms on the cis were reached the eurasian economic community was formed the eurasec aimed to erase the failures of the cis to form a true common market face the challenges of globalization and to resume the integration processes within the cis very quickly the eurasec emerged as the economic complement of the csto 14 15 the dissolution of the cec into the eurasec edit in 2004 russia joined the central asian cooperation organization caco in order to strengthen its presence in central asia soon after moscow expressed its desire to dissolve the caco in the eurasec in late 2005 uzbekistan argued for its accession to the eurasec which led other members of the caco to negotiate and eventually merge the two organizations this merge was effective on january 25 2006 most of the functions of the central asian cooperation organization were transferred to the eurasec since 2006 14 15 however the status of current observers of the caco that are not observers of eurasec is not yet settled including georgia and turkey the latter activist which is also for accession to the european union members wanted the eurasec to become a viable economic bloc between the powerful eu in the west and the growing economies in the east which established the asean uzbekistan s withdrawal from the eurasec edit on october 16 2008 uzbekistan submitted an official note to the eurasec secretariat requesting to withdraw from the eurasian economic community eurasec 16 although uzbekistan has not given any official reason many interpret the move as an attempt to revive stagnating relations with the west and to assertively dismissing russian influence 17 other views interpret uzbekistan s move as a nationalist attempt in response to an economic crisis in order to regain tighter control over its economy 18 legacy of the eurasian economic community edit the customs union members kazakhstan belarus and russia reached an agreement on a unified customs tariff in june 2009 and endorsed a schedule for creating a unified customs territory the new customs union is intended to go into effect on july 1 2010 19 the russian kazakhstani and belarusian leaders have approved documents to establish a single economic space on 1 january 2012 a single market for goods investment and labor 20 on 29 may 2014 a meeting of the supreme eurasian economic council took place in astana following which vladimir putin president of kazakhstan nursultan nazarbayev and president of belarus alexander lukashenko signed an agreement on the eurasian economic union 21 see also edit wikimedia commons has media related to eurasian economic community eurasian economic integration central asian union later called the central asian economic union comecon soviet era economic integration plan organization for security and co operation in europe statistics post soviet states regional organizations european integration eurasianism references edit factual presentation wto org retrieved 25 february 2024 1 2 wto regional trade agreements rtais wto org retrieved 25 february 2024 boris n mamlyuk 2014 regionalizing multilateralism the effect of russia s accession to the wto on existing regional integration schemes in the former soviet space ucla journal of international law and foreign affairs 18 2 ssrn 2412319 wto wt reg71 1 archived 2011 12 09 at the wayback machine worldtradelaw net pdf www worldtradelaw net могут ли граждане стран входящих в евразэс свободно перемещаться по территории сообщества www evrazes com retrieved 25 february 2024 последние новости дня в россии и мире сегодня свежие новости на рбк рбк retrieved 25 february 2024 1 2 3 ukraine cannot get observer status at eurasian econ union due to association agreement with eu russia interfax ukraine 14 june 2013 1 2 3 4 structure of the eurasian economic community evrazes com presidential administration official ukraine not to join customs union kyiv post march 1 2010 medetsky anatoly 12 march 2009 kazakhstan suggests a new currency the moscow times retrieved 25 february 2024 armenia to join russia trade bloc surprises eu 3 september 2013 1 2 евразэс www evrazes com retrieved 25 february 2024 1 2 about eurasec evrazes 1 2 history www evrazes com retrieved 25 february 2024 why uzbekistan suddenly decided to withdraw from the eurasian economic community fergananews com cutler robert m 19 december 2008 uzbekistan looks to its own good asia times archived from the original on 20 december 2008 expert opinion uzbekistan does not want to be encumbered with partnership liabilities ferghana information agency moscow enews fergananews com страницы default www tsouz ru kenjali tinibai economy business a semi soviet union is born transitions online march 9 2010 available at www ceeol com central and eastern european online library visit to kazakhstan meeting of the supreme eurasian economic council president of russia website external links edit official website in russian eurasec website in russian v t e international trade terminology absolute advantage balance of payments balance of trade capital account comparative advantage current account export oriented industrialization fair trade foreign exchange reserves globalization global labor arbitrage import substitution industrialization multinational corporation net capital outflow outsourcing tariff trade justice trade war trading nation organizations and policies international monetary fund un trade and development world bank group world trade organization international trade centre international chamber of commerce bilateral investment treaty economic integration incoterms ata carnet free trade zone special economic zone trade agreement trade barrier trade bloc political economy free trade adam smith the wealth of nations corn laws mercantilism protectionism economic nationalism autarky dedollarisation withdrawal from the eurozone regional organizations americas andean community caribbean community central american integration system mercosur asia pacific association of southeast asian nations regional comprehensive economic partnership south asian association for regional cooperation europe central asia and north asia customs union of the eurasian economic union eurasian economic union european union customs union middle east and north africa arab customs union gulf cooperation council subsaharan africa east african community economic and monetary community of central africa southern african customs union west african economic and monetary union exports by product aircraft spacecraft aircraft parts aluminium car parts coal coffee computers copper corn cotton diamonds electricity electronics engines gas turbines gold integrated circuits iron ore live animals natural gas oil petrol pharmaceuticals photovoltaics ships steel telecommunications equipment telephones textiles trucks vehicles wheat wine category v t e central asian regional organizations central asia plus japan central asia regional economic cooperation program central asian union proposed commonwealth of independent states collective security treaty organization eurasian economic union economic cooperation organization shanghai cooperation organisation organization of turkic states takm v t e commonwealth of independent states cis belovezh agreement establishing the cis 1991 alma ata protocol establishing the cis 1991 cis charter 1993 parties 1991 agreements 11 armenia azerbaijan belarus kazakhstan kyrgyzstan moldova β russia tajikistan turkmenistan ukraine uzbekistan 1993 cis charter members 9 armenia azerbaijan belarus kazakhstan kyrgyzstan moldova β russia tajikistan uzbekistan associate member as defined in the cis charter 1 turkmenistan α former member states 1 georgia 1993 2009 sports unified team at the olympics unified team at the paralympics cis national bandy team cis national football team cis national ice hockey team cis national rugby union team cis cup football military collective security treaty 1992 1999 2002 united armed forces 1992 joint cis air defense system council of ministers of defense of the cis economics common economic space economic court 1994 fta agreement 2011 fta treaty 2023 free trade in services organization interstate aviation committee gost euro asian council for standardization metrology and certification outside the cis framework georgia eurasian economic community eurasian patent convention eurasian patent organization eu technical aid customs union of the eurasian economic union eurasian economic union union state russian empire soviet union dissolution of the soviet union new union treaty collective security treaty organization collective rapid reaction force α 1 turkmenistan s status as an associate member has not been recognised by a decision of the council of heads of state however it has been consistently allowed to participate in the cis β 1 2 3 moldova provided notification of its withdrawal from the 1991 agreements and the cis charter on 8 april 2026 and will cease being a member of the cis on 8 april 2027 category v t e eurasian economic union member states armenia belarus kazakhstan kyrgyzstan russia observer members cuba iran moldova uzbekistan prospective members iran mongolia tajikistan uzbekistan free trade zone agreements china egypt iran serbia singapore tajikistan uzbekistan vietnam authority control databases international viaf gnd national united states other encyclopedia of modern ukraine yale lux retrieved from https en wikipedia org w index php title eurasian_economic_community oldid 1359408768 categories eurasian economic union commonwealth of independent states eurasianism federalism by country trade blocs organizations established in 1996 united nations general assembly observers multilateral relations of russia belarus russia relations kazakhstan russia relations kyrgyzstan russia relations russia tajikistan relations russia uzbekistan relations kyrgyzstan uzbekistan relations kyrgyzstan tajikistan relations tajikistan uzbekistan relations kazakhstan kyrgyzstan relat...