Eurasian Economic Community

Wednesday, 12 November 2014 - 01:00 pm (CET/MEZ) Berlin | Author/Destination:
Category/Kategorie: General
Reading Time:  3 minutes

Participants of the meeting of the EurAsEC Interstate Council © www.kremlin.ru

Participants of the meeting of the EurAsEC Interstate Council © www.kremlin.ru

The Eurasian Economic Community (EAEC or EurAsEC) originated from the Commonwealth of Independent States (CIS) and the Customs Union of Belarus, Kazakhstan and Russia on 29 March 1996. The Treaty on the establishment of the Eurasian Economic Community was signed on 10 October 2000. On 7 October 2005 it was decided between the member states that Uzbekistan would join. Freedom of movement without visa requirements has been implemented among the members. A Common Economic Space for the community was launched on 1 January 2010.

The Eurasian Economic Commission is the regulatory agency for the Eurasian Economic Community Common Economic Space and the Customs Union of Belarus, Kazakhstan and Russia.

World GDP © Petriot333 Participants of the meeting of the EurAsEC Interstate Council © www.kremlin.ru © evrazes.com
<
>
Participants of the meeting of the EurAsEC Interstate Council © www.kremlin.ru
The EurAsEC Customs Union became a top priority since Spring 2008, when the European Union 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 EurAsEC Customs Union 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.

The follow-up organization of the Eurasian Economic Community shall be the Eurasian Union, which will go into effect on January 1, 2015. The United States has expressed its opposition to the Eurasian Union, claiming it is “an attempt” to re-establish a Russian-dominated USSR-type union amongst the former Soviet republics. From the economic standpoint, the Eurasian Union (2.084 billion USD) will reach 60% of the GDP of Germany (3.577 billion USD).

Read more on Eurasian Economic Community, Wikipedia Eurasian Union and Wikipedia Eurasian Economic Community (Smart Traveler App by U.S. Department of State - Weather report by weather.com - Global Passport Power Rank - Travel Risk Map - Democracy Index - GDP according to IMF, UN, and World Bank - Global Competitiveness Report - Corruption Perceptions Index - Press Freedom Index - World Justice Project - Rule of Law Index - UN Human Development Index - Global Peace Index - Travel & Tourism Competitiveness Index). Photos by Wikimedia Commons. If you have a suggestion, critique, review or comment to this blog entry, we are looking forward to receive your e-mail at comment@wingsch.net. Please name the headline of the blog post to which your e-mail refers to in the subject line.




Recommended posts:

Share this post: (Please note data protection regulations before using buttons)

East Harlem in New York City

East Harlem in New York City

[caption id="attachment_239196" align="aligncenter" width="590"] 1381 Madison Avenue © Beyond My Ken/cc-by-sa-4.0[/caption][responsivevoice_button voice="UK English Female" buttontext="Listen to this Post"]East Harlem, also known as Spanish Harlem or El Barrio, is a neighborhood of Upper Manhattan in New York City, north of the Upper East Side and bounded by 96th Street to the south, Fifth Avenue to the west, and the East and Harlem Rivers to the east and north. Despite its name, it is generally not considered to be a part of Harlem proper, but it is one of the neighborhoods included in Great...

[ read more ]

Theme Week Venice - Bridge of Sighs

Theme Week Venice - Bridge of Sighs

[caption id="attachment_206303" align="aligncenter" width="590"] © Didier Descouens/cc-by-sa-4.0[/caption][responsivevoice_button voice="UK English Female" buttontext="Listen to this Post"]The Bridge of Sighs is a bridge in Venice, Italy. The enclosed bridge is made of white limestone, has windows with stone bars, passes over the Rio di Palazzo, and connects the New Prison (Prigioni Nuove) to the interrogation rooms in the Doge's Palace. It was designed by Antonio Contino, whose uncle Antonio da Ponte designed the Rialto Bridge, and it was built in 1600. The view from the Bridge of Si...

[ read more ]

The Rocks in Sydney

The Rocks in Sydney

[caption id="attachment_185714" align="aligncenter" width="590"] The Rocks Area from the water © flickr.com - Alex Proimos/cc-by-2.0[/caption][responsivevoice_button voice="UK English Female" buttontext="Listen to this Post"]The Rocks is an urban locality, tourist precinct and historic area of Sydney's city centre. It is located on the southern shore of Sydney Harbour, immediately north-west of the Sydney central business district. The Rocks became established shortly after the colony's formation in 1788. It was known as Tallawoladah by the Cadigal people. The original buildings were first tr...

[ read more ]

Khan Shatyr Entertainment Center in Astana

Khan Shatyr Entertainment Center in Astana

[caption id="attachment_25614" align="aligncenter" width="590"] © building.co.uk[/caption][responsivevoice_button voice="UK English Female" buttontext="Listen to this Post"]Khan Shatyr ("Royal Marquee") is a giant transparent tent in Astana, the capital city of Kazakhstan. The architectural project was unveiled by the President of Kazakhstan Nursultan Nazarbayev on December 9, 2006. The 150m-high (500 ft) tent has a 200m elliptical base covering 140,000 square metres (14 ha; 35 acres). Underneath the tent, an area larger than 10 football stadiums, is an urban-scale internal park, shop...

[ read more ]

Cîteaux Abbey in Saint-Nicolas-lès-Cîteaux

Cîteaux Abbey in Saint-Nicolas-lès-Cîteaux

[caption id="attachment_234726" align="aligncenter" width="590"] © Arnaud 25/cc-by-sa-4.0[/caption][responsivevoice_button voice="UK English Female" buttontext="Listen to this Post"]Cîteaux Abbey (French: Abbaye de Cîteaux) is a Catholic abbey located in Saint-Nicolas-lès-Cîteaux, south of Dijon, France. It is notable for being the original house of the Cistercian order. Today, it belongs to the Trappists (also called the Cistercians of the Strict Observance). The abbey has about 35 members. The monks produce a cheese branded under the abbey's name, as well as caramels and honey-based can...

[ read more ]

Slavkov u Brna or Austerlitz in the Czech Republic

Slavkov u Brna or Austerlitz in the Czech Republic

[caption id="attachment_220350" align="aligncenter" width="590"] Slavkov u Brna © flickr.com - flightlog/cc-by-2.0[/caption][responsivevoice_button voice="UK English Female" buttontext="Listen to this Post"]Slavkov u Brna (historically known in German as Austerlitz) is a town in Vyškov District in the South Moravian Region of the Czech Republic. It has about 6,900 inhabitants. The town gave its name to the Battle of Austerlitz which took place several kilometres to the west of the town. Baroque Slavkov Castle has 115 rooms and an impressive garden in the French style. The Palace was designed...

[ read more ]

Grafenegg Castle in Lower Austria

Grafenegg Castle in Lower Austria

[caption id="attachment_23800" align="alignleft" width="590"] © Zairon/cc-by-sa-3.0[/caption][responsivevoice_button voice="UK English Female" buttontext="Listen to this Post"]Seven centuries of history can be seen in the architecture of Grafenegg Castle. Extended in the 19th century, it has become Austria’s most important example of historicism and in Grafenegg it is possible to find stylistic traces from Gothic through Baroque and Biedermeier to elegant Neo-gothic. With its soaring tower, grandiose façades, stylish staircases, atmospheric arcades and attractive chapel, Grafenegg has beco...

[ read more ]

Vichy, the queen of the spa towns

Vichy, the queen of the spa towns

[caption id="attachment_160563" align="aligncenter" width="590"] Palais des Congrès - Opera © FRED[/caption][responsivevoice_button voice="UK English Female" buttontext="Listen to this Post"]Vichy is a commune in the department of Allier in Auvergne in central France. It belongs to the historic province of Bourbonnais. With 80,194 inhabitants, Vichy's urban area is the second largest in the Auvergne region behind Clermont-Ferrand. It is known as a spa and resort town and was the de facto capital of Vichy France during the World War II Nazi German occupation from 1940 to 1944. The 195...

[ read more ]

Theme Week Cyclades - Milos

Theme Week Cyclades - Milos

[caption id="attachment_153477" align="aligncenter" width="590"] Klima village © Kosant38[/caption][responsivevoice_button voice="UK English Female" buttontext="Listen to this Post"]Milos is a volcanic Greek island in the Aegean Sea, just north of the Sea of Crete. Milos is the southwesternmost island in the Cyclades group. The island is famous for the statue of Aphrodite (the "Venus de Milo", now in the Louvre), and also for statues of the Greek god Asclepius (now in the British Museum) and the Poseidon and an archaic Apollo in Athens. The Municipality of Milos also includes the unin...

[ read more ]

Café de la Paix in Paris

Café de la Paix in Paris

[caption id="attachment_239853" align="aligncenter" width="590"] © Arthur Weidmann/cc-by-sa-4.0[/caption][responsivevoice_button voice="UK English Female" buttontext="Listen to this Post"]The Café de la Paix is a famous café located on the northwest corner of the intersection of the Boulevard des Capucines and the Place de l'Opéra, in the 9th arrondissement of Paris, France. Designed in the Napoleon III style by the architect Alfred Armand, who also designed the historic Grand-Hôtel in which the café is located, its florid interior decorations, historic location, and high-profile cliente...

[ read more ]

Return to TopReturn to Top
© Anton Bielousov/cc-by-sa-3.0
Colleville-sur-Mer

Colleville-sur-Mer is a commune in the Calvados department in the Basse-Normandie region in northwestern France. It was originally a farm...

Aerial view © Lacobrigo
Theme Week Algarve – Lagos

Lagos is a municipality at the mouth of Bensafrim River and along the Atlantic Ocean, in the Barlavento region of...

Askelon Beach © Alexey Goral/cc-by-sa-3.0
Ashkelon in Israel’s Southern District

Ashkelon is a coastal city in the Southern District of Israel, 50 kilometres (31 mi) south of Tel Aviv, and...

Schließen