Etiket arxivi: Azerbaijan

Azerbaijan, Armenia and the Eurasian Economic Union: A Risky Game or an Opportunity?

The Supreme Eurasian Economic Council.; Photo credit: Sputnik Agency
The Supreme Eurasian Economic Council.; Photo credit: Sputnik Agency

No. 3, Jan.-Feb. 2017 » UNCOVER story

The regional economic integration within the globalized world has been recognized as an important driver for economic growth and job creation. Hence, free trade is one of the essential points for future regional economic development that would lead to a more productive and competitive economic structure. In this respect, the Eurasian Economic Union, which came into force in 2015, aims to establish a single regional market with the elimination of all customs barriers between its Member States. Even though a number of Post-Soviet countries have already become members of the EEU, Azerbaijan has managed to maintain its neutral position in this regard. Oxumağa davam et Azerbaijan, Armenia and the Eurasian Economic Union: A Risky Game or an Opportunity?