Eurasian Regional Integration 2013 History of Eurasian Integration | 2 Universal Stages of Regional Integration | 3 The Customs Union of Russia, Belarus and Kazakhstan | 4 The Single Economic Space between Russia, Belarus and | 5 Kazakhstan Agreements Establishing the Single Economic Space | 6 Governing Bodies of the Customs Union and the Single Economic Space | 7 Supreme Eurasian Economic Council (Heads of State and Government of the Member States) Eurasian Economic Commission Council of the Commission three members of the Council, one Deputy PM representing each Member State Board of the Commission (nine members, three from each Member State) Advisory bodies Chairman of the Board Member of the Board-Minister in charge of the development of integration and macroeconomics Member of the Board–Minister in charge of economy and financial policy Member of the BoardMinister in charge of technical regulation Member of the BoardMinister in charge of trade Member of the Board-Minister in charge of competition Member of the Board-Minister in charge of industry and agribusiness Member of the Board Minister in charge of energy and infrastructure Member of the BoardMinister in charge of the customs cooperation Departments Departments Departments Advisory bodies | 8 Eurasian Economic Commission Council of the Commission Belarus – Sergei Rumas Kazakhstan – Kairat Kelimbetov Russia – Igor Shuvalov Board of the Commission Tatiana Valovaya Member of the Board-Minister in charge of development of integration and macroeconomics Sergey Sidorsky Member of the Board-Minister in charge of industry and agribusiness Departments Chairman of the Board Viktor Khristenko Danial Akhmetov Valery Koreshkov Andrey Slepnev Member of the Board-Minister in charge of technical regulation Member of Board-Minister in charge of trade Member of the Board-Minister in charge of energy and infrastructure Vladimir Goshin Timur Suleimenov Member of Board-Minister in charge of customs cooperation Member of the Board-Minister in charge of economy and financial policy Nurlan Aldabergenov Member of the Board-Minister in charge of competition Departments Departments Advisory bodies Budget of the Eurasian Economic Commission | 9 Key Competencies of the Eurasian Economic Commission under the SES Agreements Macroeconomics • Outlining possible scenarios in order to make forecasts of socio-economic development for a three-year period Natural monopolies • Taking decisions regarding the expanding of the scope of natural monopolies Public procurement • Taking decisions on exemptions from national regime •In case of breach of the treaty commitments, taking decisions binding national bodies to bring their decisions in compliance with the treaty Competition • Overruling national bodies’ decisions to impose state price control • Obtaining approval for prolongation of state price control Rail transport • Obtaining approval for application of exceptional tariffs • Deciding on suspension/revocation of decisions to change tariffs Competition • Deciding on sanctions and fines • Deciding on restraints of violations Industrial subsidies • Deciding on feasibility of granting specific subsidies 01.2012 01.01.2013 01.01.2017 | 10 Auxiliary competencies under the SES Agreements | 11 Macroeconomics • Defining benchmarks of macroeconomic policies of the Member States • Coordinating implementation of harmonized macroeconomic policies by the Member States • Monitoring economic development of the Parties and steps taken in this field, assessing those measures Natural monopolies • Making up a list of regulatory legal acts and stages of harmonization of legislation of the Member States • Analyzing regulatory framework for natural monopolies in the Member States and its application history • Analyzing and coming up with ways to coordinate decisions of national bodies Industrial subsidies Rail transport Natural monopolies • Supervising the implementation of relevant provisions of the Agreements Industrial subsidies Agriculture • Monitoring and analysis of national legislation against the Agreements • Drafting annual compliance reports covering implementation of provisions of the Agreements by the Member States • Holding consultations on harmonization of national legislations of the Member States Industrial subsidies Rail transport Natural monopolies Macroeconomics • Participating in resolution of disputes over the interpretation of the provisions of the Agreements (via negotiations and consultations) The EEC will be delegated over 90 competences in pursuance of the SES Agreements Eurasian Economic Commission and Business Dialogue Russia-Belarus-Kazakhstan Advisory Board Development of integration and macroeconomics Bodies of the Eurasian Economic Commission Economy and financial policy Energy Trade Industry Customs cooperation Competition and anti-trust regulation Technical regulation Infrastructure and transport Agribusiness | 12 International positioning of the Eurasian Economic Commission | 13 The Customs Union and the Single Economic Space Share in the Global Export of Goods | 14 Growth rate of Customs Union Economies in 2009-2012 bn. $ External and mutual trade of the Customs Union Member-States 1000.0 900.0 800.0 700.0 600.0 500.0 400.0 300.0 200.0 100.0 0.0 910.6 939.3 686.3 590.5 36.5 47.1 63.5 68.5 2009 2010 2011 2012 Mutual trade with the CU Member-States External trade of the CU with third countries | 15 Growth Rate of Customs Union Economies in 2009-2011 Key Macroeconomic Indicators of the Customs Union 2500 2087 bn. $ 2000 1672 1389 1500 1314 1000 500 1053 824 0 2009 2010 GDP 2011 Volume of Production | 16 Declarations by the Heads of State of Russia, Belarus and | 17 Kazakhstan December 9, 2010 Declaration on the Establishment of the Single Economic Space of Belarus, Kazakhstan and the Russian Federation November 18, 2011 Declaration on Eurasian Economic Integration March 19, 2012 Declaration by the three Presidents Moving towards the establishment of the Eurasian Economic Union in order to achieve balanced, mutually reinforcing and beneficial cooperation with other countries, international economic unions and EU with a view to create a single economic space Desire to complete by January 1, 2015 codification of international Treaties that make up the regulatory legal framework of the Customs Union and Single economic union, thus laying groundwork for the future Eurasian Economic Union. Reaffirming commitment to establish the Eurasian Economic Union by 2015 Regulatory Legal Framework of the Eurasian Economic Union | 18 Codification of legislation Main principles Streamlining of legislation through: • Substantial revision of existing legal norms • Elimination of inconsistencies and contradictions of legal norms • Filling gaps and repealing obsolete norms OUTCOME OF CODIFICATION Издание нового акта, заменяющего ранее действовавшие Aакты new treaty to substitute previously existing ones on the subject по соответствующему вопросу. | 19 Single Economic Space from the Atlantic to the Pacific | 20 Abbreviation APEC CU CCU EurAsEC EEC EEU EU IC IPA ISC SEAEC SES – the Asia-Pacific Economic Cooperation – the Customs Union – the Customs Union Commission – the Eurasian Economic Community – the Eurasian Economic Commission – the Eurasian Economic Union – the European Union – the Integration Committee – the Inter-parliamentary Assembly – the Intergovernmental Council – the Supreme Eurasian Economic Council – the Single Economic Space | 21