The School of Eurasian Integration: Without global partnership the EEU’s fate will be complicated

03 October 2018

The School of Eurasian Integration continues. On October 2, a meeting between participants of the school and Minister for Integration and Macroeconomics Tatyana Valovaya took place in the building of the Eurasian Economic Commission. According to the expert, the common economic space established in 2003 on the basis of the EEU is planned to be expanded by 2025 and transformed into a common financial market for member countries.

“Our future plans for development include, first of all, activities inside the union. They involve expansion of educational approaches and establishing scientific and technical cooperation in arts and humanities. Secondly, it is external relations: building partnerships both with the EU and countries of the Asia-Pacific region. Without integration associations and global partnerships existence of the EEU will be complicated”.

Head of the Committee for CIS Affairs of the State Duma Dr. Mikhail Krotov also took part in the discussion. He told the attendees of the school that on the way to smooth operation of the common economic space it was necessary to amend over 200 laws and regulations. In addition to that, the EEU member countries should align their legislation in order to facilitate cooperation in the economic sphere.

During the open discussion with the experts “The EEU and the Principle of Supranationality. New Landmarks of Integrations” Executive Director of Information Analysis Agency for Studies of the Post-Soviet Space Darya Chizhova spoke about a need to overcome the problem of image coverage of the EEU’s activities as it is directly connected with activities of supranational institutions.

“Data support should be national. We should create think tanks, which will be engaged in industry-specific activities. Individual institutions would delegate those issues and provide qualified and accurate processing of information”, added Darya Chizhova.

Organizers of the International School of Eurasian Integration “The Eurasian Economic Union: Shaping the Outline of the Future” are the Alexander Gorchakov Public Diplomacy Fund, the Eurasian Economic Commission (EEC), the Eurasian Development Bank and the Russian International Affairs Council. The project for young scientists, experts, entrepreneurs and government officials from the EEU member countries is organized annually in the capital of the country holding chairmanship in the Eurasian Economic Union. The school will end on October 5.

Photo: Kristina Shilova