Peculiarities of the Development of Legislation in the Field of Foreign Economic Activity Regulation in the Eurasian Economic Union Cover Image

Peculiarities of the Development of Legislation in the Field of Foreign Economic Activity Regulation in the Eurasian Economic Union
Peculiarities of the Development of Legislation in the Field of Foreign Economic Activity Regulation in the Eurasian Economic Union

Author(s): Genadiy Brovka, Olga Veremeychik, Anastasia Zhevlakova
Subject(s): Supranational / Global Economy, International relations/trade, Law on Economics, Commercial Law
Published by: Szkoła Główna Handlowa w Warszawie
Keywords: development of legislation; domestic market protection measures; foreign trade; special economic measures; technical regulation;

Summary/Abstract: The article is devoted to the features of the legal regulations of foreign economic activity in the Eurasian Economic Union. The article discusses the classification and application of non-tariff regulation measures enshrined in the legislation of the EAEU. The authors note that among all economic protection measures in the EAEU, only anti-dumping measures are used for twenty-one categories of goods. Special attention is also paid to the formation of a unified regulatory framework of the EAEU in the field of technical regulation. The documents that make up the national legislation of the Republic of Belarus and the Russian Federation and determine the procedure for the application of special economic measures have been studied separately. Such measures are temporary or permanent prohibitions and restrictions on the import of certain types of products. The authors come to a conclusion that there is a need to introduce a retroactive mechanism for specific, anti-dumping and countervailing duties, to create a single market in the EAEU for the most important types of products based on the unification of technical requirements, as well as to ensure a constant review of existing quotas and prohibitions, taking into account the interests of the main consumers of these goods.

  • Issue Year: 13/2022
  • Issue No: 1
  • Page Range: 33-43
  • Page Count: 11
  • Language: English