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What is Customs Union

Regional Integration and Future Cooperation Initiatives in the Eurasian Economic Union
Customs Union is a kind of arrangement that removes or reduces the tariff barriers between two or more participant states while keeping tariff barriers against imports coming from the non-participants ( Viner, 2014 , p. 2).
Published in Chapter:
The Eurasian Economic Union (EAEU) From the Perspective of International Relations (IR) Theories
Gülşen Şeker Aydın (Ataturk University, Turkey)
DOI: 10.4018/978-1-7998-1950-9.ch003
Abstract
This chapter examines the Eurasian Economic Union (EAEU) from the perspective of the main theories in the Discipline of International Relations (IR). The author sketches out the main stages of the development of the EAEU cooperation by highlighting the conceptualization of the scheme by President Nazarbayev of Kazakhstan in 1994, the establishment of the Customs Union (CU), and the Common Economic Space (CES) between Russia, Belarus, and Kazakhstan in 2010. Theories analyzed include Neo-Realism, Neo-Classic Realism, Hegemonic Stability Theory, Liberalism, Functionalism, Neo-Functionalism, Neo-Institutionalism, the English School, Constructivism, and Neo-Gramscian Theory. The author makes an overall evaluation and stresses the need for an eclectic approach for analyzing the EAEU experience.
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The Main Stages of Eurasian Integration Development
A trade agreement by which a group of countries charges a common set of tariffs to the goods produced outside the Union’s members while granting free trade among themselves.
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Pacific Alliance Facing Crises: A Trade Perspective (1990-2020)
Level of integration were countries, apart from eliminating tariffs to products originated from their territories, agree on the duties applied to products that come from third parties.
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Economic Crisis and Its Effects on International Trade: A Case of Selected EU and Non-EU Countries
A higher form of trade integration where a group of countries eliminate customs duties and other forms of trade barriers among themselves, and establish the common external set of tariffs towards the non-members.
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