Non-tariff regulation in the Eurasian Economic Union: current state and ways for improvement

Authors

  • Anastasia A. Khoroshavina P.G. Demidov Yaroslavl State University, Yaroslavl, Russia

Keywords:

non-tariff regulatory measures, non-tariff measures classification, technical barriers, prospects for the development of the net tariff measures system

Abstract

The paper analyses non-tariff regulation within the framework of the Eurasian Economic Union (EAEU). The paper considers the current state of this regulation within the EAEU member states and identifies the main directions for improving this system. The author draws attention to the problems and challenges faced by the EAEU member states in implementing non-tariff regulation. The author proposes specific measures to improve this practice. The author uses a comparative analysis of the regulatory framework for non-tariff regulation of the Eurasian Economic Community (EurAsEC), the EAEU, and the Russian Federation as a research method. As a result of the analysis, the author identified the main issues of non-tariff regulation within the EAEU, including the divergence of approaches to non-tariff regulation in certain member states, the negative impact of non-tariff regulation on intra-regional trade volumes, and the restrictive effect of NTM measures on capital and labour flows within the union. The paper concludes on specific approaches to improving the mechanism of non-tariff regulation in the EAEU. These include increasing the transparency and accessibility of data, transparency of information directly and indirectly related to the subjects of foreign trade transactions between economic entities of the EAEU member states, harmonisation of the regulatory and legal framework of the EAEU member states to minimise discrepancies in the legal sphere between the EAEU member states. It also includes the implementation of a set of measures to develop interstate standardisation and national standard unification. The EAEU unified technical regulations were proved to have an effective impact on trade not only in intra-union value chains, but also in international production chains outside the EAEU. The practical significance of the study includes the development of measures aimed at improving non-tariff regulation within the EAEU.

References

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Published

2023-12-30

How to Cite

Anastasia A. Khoroshavina. (2023). Non-tariff regulation in the Eurasian Economic Union: current state and ways for improvement. JOURNAL OF REGIONAL AND INTERNATIONAL COMPETITIVENESS, 4(4), 55. Retrieved from http://jraic.com/index.php/tor/article/view/149