The Eastern Partnership and the Customs Union: A Critical Assessment

Author (Person)
Publisher
Series Title
Series Details No.241, April 2014
Publication Date 09/04/2014
Content Type

Abstract

The countries of the Eastern Partnership, including Armenia, Azerbaijan, Belarus, Georgia, Moldova, and Ukraine, can get significant economic gains from international cooperation, either in the form of the EU's Association Agreements, or the Russia-led Customs Union. But since the terms and conditions of the EU Agreements and the Customs Union are not compatible, there could be no gains from joining either alliance without some imminent losses. Moreover, solutions, which work for one country, may not work for others, as their preconditions vary. Economic effects from joining either union matter for the Eastern Partnership countries not less than any mere political reasons. While choosing a side, each country has to take into account a bunch of domestic factors and anticipate all potential consequences, concerning international trade, foreign investment, and energy policy.

Source Link http://www.ispionline.it/it/pubblicazione/eastern-partnership-and-customs-union-critical-assessment-10188
Related Links
ISPI: Analysis: The Eastern Partnership and the Customs Union: A Critical Assessment [PDF] http://www.ispionline.it/sites/default/files/pubblicazioni/analysis_241__2014.pdf

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