The Legal Regulation of the Customs Procedure of the Free Customs Zone in the Eurasian Economic Union
Posted: 30 May 2015 Last revised: 13 Aug 2015
Date Written: May 29, 2015
This paper analyses the legal substance of the customs procedure of the free customs zone in the Eurasian Economic Union by investigating its main features and peculiarities. In particular, we show that the customs procedure of the free customs zone is an economic instrument of state regulation of foreign trade activity in the Eurasian Economic Union. Also, we highlight the need for the harmonization of the provisions of the current legislation on the respective customs procedure between the member states of the Eurasian Economic Union. We also show that the legal regulation of this customs procedure is now generally compliant with WTO law.
Keywords: special economic zone, free economic zone, customs procedure of the free customs zone, Customs Union in the framework of the Eurasian Economic Community, Eurasian Economic Union
JEL Classification: F65, K33, K39.
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