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Removing obstacles
INTERNAL MARKET OF THE EAEU
Internal market of
the EAEU
covers the economic space in which the free movement of goods, persons, services and capital is ensured.
Today in the territory of
the EAEU
the customs borders between the member states have been lifted, the norms of the single Customs Code apply, the Single Customs Tariff, the unified system of foreign trade and customs regulation, the uniform technical regulations.
Formation of the internal market of
the EAEU
began in January 2010 with the creation of a single customs territory that united the countries of the "customs troika" - the Republic of Belarus, the Republic of Kazakhstan and the Russian Federation.
By January 1, 2012, the legal framework of the Common Economic Space - the market with 170 million consumers, unified legislation, free movement of goods, services, capital and labor, was formed.
Fixed in
the Agreement on the EAEU
the principle of «four freedoms» as a fundamental principle of the functioning of the internal market enshrined the refusal to apply protective measures of the domestic market in mutual trade.
Industry
The objectives of implementing industrial policy within the framework of
the EAEU
are the acceleration and enhancement of the sustainability of industrial development, enhancing the competitiveness of industrial complexes of Member States, implementing effective cooperation aimed at increasing innovation activity, eliminating Barriers in the industrial sphere, including on the way of movement of manufactured goods of member states of
the EAEU
.
Common market of services
The rules for a single market for services are applicable to Member States on the basis of reciprocity. Common market of services within
the EAEU
operates in the service sectors approved by the Higher Eurasian Economic Council on the basis of the agreed proposals of the Member States of
the EAEU,
and
The Eurasian Economic Commission
.
Common energy market
Member States are implementing a phased development of the common electricity market of
the EAEU
on the basis of parallel operating electric power systems Member States agreed to conduct a coordinated energy policy and the formation on the basis of common principles of common energy markets (electricity, gas market , oil and oil products). Formation of the common electricity market of
the EAEU
and providing access to the services of natural monopolies in the electricity sector is expected to be completed by 2019, and common markets for gas, oil and petroleum products - in the term until 2025.
Transport Policy
Member States agreed on a step-by-step liberalization of transport in the territory of
the EAEU
, which primarily concerns road and rail, air, and water transport. Coordinated (coordinated) transport policy is aimed at creating a common transport space.
Agroindustrial complex
To ensure the development of the agro-industrial complex and rural areas in the interests of the population of each Member State and
the EAEU
in general, as well as economic integration within the framework of
the EAEU
the coordinated agro-industrial policy is carried out. The main goal of the coordinated agro-industrial policy is the effective realization of the resource potential of the member states of
the EAEU
to optimize the production of competitive agricultural products and food, meet the needs of the common agrarian market, and increase exports.
Labour migration
The Agreement on the EAEU
brings to a qualitatively new level such a direction of cooperation of member states as labor migration, with the abolition of restrictions established by the legislation of the Member States in order to protect the national labor market. Employers and (or) customers of works (services) of a Member State have the right to engage in the implementation of labor activities of working member states without taking into account restrictions on the protection of the national labor market. Workers of the Member States are not required to obtain a work permit in the State of Employment.
Consumer rights protection
Member States pursue a coordinated policy in the field of consumer protection aimed at creating equal conditions for citizens of member states to protect their interests from the unfair activities of economic entities. Citizens of a Member State, as well as other persons residing on its territory, shall enjoy in the territories of other Member States the same legal protection in the field of consumer protection as citizens of these other Member States and have the right to apply to state and public organizations on protection of consumers' rights, other organizations, as well as courts and (or) carry out other procedural actions on the same terms as citizens of these other member states.
Financial market
To ensure the harmonized regulation of financial markets following the results of a step-by-step harmonization of the legislation, the member states agreed on the need to reach a single supranational body for regulating the financial market by 2025.
Taxes and taxation
In the field of taxes and taxation, it is stipulated that the Member States shall determine the directions of interaction of the tax policy with regard to the harmonization and improvement of tax legislation, including the mechanism for collecting indirect taxes in the performance of work, rendering services, convergence of rates for the most sensitive excisable goods. At the heart of the agreements is the principle of non-discrimination, which will avoid unfair and price competition in the mutual trade in goods and services.
Removing obstacles in the functioning of the internal market of the EAEU
Obstacles to the "four freedoms" of movement - goods, services, capital and labor - create exceptions, restrictions and barriers.
Barrires
Obstacles to the free movement of goods, services, capital, labor within the functioning of the internal market
the EAEU
, not in accordance with the law of
the EAEU
Barriers are inadmissible in the functioning of the internal market of
the EAEU
,therefore they are prohibited obstacles
The withdrawals
Envisaged by law of
the EAEU
exceptions (derogations) on the non-application by the member state of the general rules for the functioning of the internal market
the EAEU
The seizures and restrictions are permissible obstacles in the functioning of the internal market of
the EAEU
Restrictions
Obstacles to the free movement of goods, services, capital, labor within the functioning of the internal market of
the EAEU
, arising from the absence of legal regulation of economic relations, the development of which is provided for by law of
the EAEU
Stages of work with obstacles
1
stage
Identification and systematization of obstacles
2
stage
Analysis of the expediency of further application of economic regulation measures included in the list of exemptions and the possibility of eliminating those that impede the formation and functioning of the internal market
3
stage
Determination of the measures and timing of elimination of exemptions and restrictions or the need to preserve them, including by
the Agreement on the EAEU
or other acts constituting the law of
the EAEU
4
stage
Monitoring of the implementation by Member States of the law of
the EAEU
The formation of a single market is achieved, including by eliminating barriers and minimizing exemptions and restrictions. To perform these tasks
The Eurasian Economic Commission
together with the member states of
the EAEU
conducts system work.