DUSHANBE, April 15, 2016, Asia-Plus – The 2nd international forum entitled “The Contours of Eurasia: Theory and Practice of Development of the Eurasian Economic Union” will take place in the Russian city of Saratov from April 21-22.
Organized by the Russian Scientific Research Support Foundation, the event will bring together representatives of governments, experts, researchers, public figures and representatives of business communities of Russia, Kazakhstan, Belarus and other post-Soviet countries to discuss political and military cooperation, humanitarian and cultural aspects of post-Soviet integration, and prospects of incorporation of the Eurasian Economic Union (EEU) into international political and economic infrastructure.
The forum participants will, in particular, discuss features of the modern stage of functioning of the EEU, prospects of development and border cooperation.
They will also discuss problems and mechanisms of conjunction of the EEU and the Silk Road Economic Belt projects as well as joint ways of modernization of the economies of the EEU member nations.
Besides, the forum participants plan to discuss features of adaption of the national economies to low prices of energy carriers, prospects of union of markets within the EEU area, and the labor migration problems in the region.
The Eurasian Economic Union (EEU) is an economic union of states located primarily in northern Eurasia. A treaty aiming for the establishment of the EEU was signed on May 29, 2014 by the leaders of Belarus, Kazakhstan and Russia, and came into force on January 1, 2015. Treaties aiming for Armenia”s and Kyrgyzstan”s accession to the Eurasian Economic Union were signed on October 9, 2014 and December 23, respectively. Armenia”s accession treaty came into force on January 2, 2015. Kyrgyzstan”s accession treaty came into effect on August 6, 2015.
The Eurasian Economic Union has an integrated single market of 183 million people and a gross domestic product of over 4 trillion U.S. dollars (PPP). The EEU introduces the free movement of goods, capital, services and people and provides for common transport, agriculture and energy policies, with provisions for a single currency and greater integration in the future. The union operates through supranational and intergovernmental institutions. The Supreme Eurasian Economic Council is the “Supreme Body” of the Union, consisting of the Heads of the Member States. The other supranational institutions are the Eurasian Commission (the executive body), the Eurasian Intergovernmental Council (consisting of the Prime Ministers of member states) and the Court of the EEU (the judicial body).
