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The Legal Regulation of the Customs Procedure of the Free Customs Zone in the Eurasian Economic Union

Marina Enadarova, Anna Petrik

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Abstract

This paper analyses the legal substance of the customs procedure of the free customs zone in the Eurasian Economic Union by investigating its main features and peculiarities. In particular, we show that the customs procedure of the free customs zone is an economic instrument of state regulation of foreign trade activity in the Eurasian Economic Union. Also, we highlight the need for the harmonization of the provisions of the current legislation on the respective customs procedure between the member states of the Eurasian Economic Union. We also show that the legal regulation of this customs procedure is now generally compliant with WTO law.

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What this paper is about

This paper analyses the legal substance of the customs procedure of the free customs zone in the Eurasian Economic Union by investigating its main features and peculiarities. In particular, we show that the customs procedure of the free customs zone is an economic instrument of state regulation of foreign trade activity in the Eurasian Economic Union. Also, we highlight the need for the harmonization of the provisions of the current legislation on the respective customs procedure between the member states of the Eurasian Economic Union. We also show that the legal regulation of this customs procedure is now generally compliant with WTO law.

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Available abstract

This paper analyses the legal substance of the customs procedure of the free customs zone in the Eurasian Economic Union by investigating its main features and peculiarities. In particular, we show that the customs procedure of the free customs zone is an economic instrument of state regulation of foreign trade activity in the Eurasian Economic Union. Also, we highlight the need for the harmonization of the provisions of the current legislation on the respective customs procedure between the member states of the Eurasian Economic Union. We also show that the legal regulation of this customs procedure is now generally compliant with WTO law.

Key concepts: Customs union, Economic union, International trade, Harmonization, International free trade agreement, Legislation, Free trade, Free trade zone

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