Miras Zhiyenbayev and Julia Belous on Uzbekistan’s possible accession to the EAEU in “Russia in Global Affairs”
Miras Zhiyenbayev and Julia Belous, published an article “Gain not to lose: Uzbekistan on the threshold of the EAEU” in “Russia in Global Affairs”.
Key ideas:
- Involvement of a new state into the integration processes can become an excuse for the EAEU’s slowdown, allow it to acquit the inability to build common markets with the accession of a new member-state, the subsequent periods of stagnation, or even rollback.
- Enlargement, following the European Union example, can contribute to the resolution of conceptual issues of further EAEU’s development.
- The involvement of a new participant means for the EAEU, on the one hand, the need for ultra-precise manual reconfiguration and possible revision of existing agreements due to the inclusion of a sizeable Eurasian economy. On the other hand, the Union recognizes the significance of the current reality and the impossibility of the final formation of single markets in such a limited time due to the need to adapt to reality with new project participants.
- Uzbekistan will solve a significant number of long-lasting internal development problems. The current EAEU members will gain no less significant benefits from Uzbekistan’s possible accession to the Union.
The full text of the article is available at thelink.