Highlights of the Customs Union formation within the EurAsEC framework and primary targets for 2011

Abstract

The paper describes the results of the creation of the Customs Union within EurAsEC, which was conducted in accordance with the Plan of Action for the Customs Union, approved by the decision of the EurAsEC Interstate Council (the supreme body of the Customs Union) on October 6, 2007, №1. The author reviews measures to form the legal basis of the Customs Union, common customs tariff, a unified system of foreign trade and customs regulations, sanitary, veterinary and phytosanitary control, the institutional structure of the Customs Union, work on the unification of trade regimes and protective measures, gradual transfer of agreed types of state control to the customs border of the Customs Union as well as improvement of the work of the Secretariat of the Customs Union Commission are considered.