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Customs Union of Belarus, Kazakhstan and Russia edit
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Customs Union of Belarus, Kazakhstan and Russia

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Customs Union of Russia, Belarus and Kazakhstan
An orthographic projection of the world highlighting Belarus, Kazakhstan, and Russia (green).
Political centres Moscow
Minsk
Almaty
Astana
Official languages Russian
Member States  Belarus
 Kazakhstan
 Russia
Area
 -  Total 20,007,860 km2 
12,432,307 sq mi 
Population
 -  2010 estimate 167,454,573 
 -  Density 8.36/km2 
13.46/sq mi
GDP (PPP) 2009 (IMF) estimate
 -  Total $2.421 trillion 
 -  Per capita $14,500 
GDP (nominal) 2009 (IMF) estimate
 -  Total $1.391 trillion 
 -  Per capita $8,306.73 
Website
tsouz.ru
Nominal World GDP and GDP of Customs Union of Belarus, Kazakhstan and Russia) in 2010:
  Other country - $19.44 trln. (30.8%)
  EU - $16.07 trln. (25.9%)
  USA - $14.67 trln. (23.2%)
  China - $5.88 trln. (9.3%)
  Japan - $5.46 trln. (8.7%)
  Customs Union of Belarus, Kazakhstan and Russia - $1.66 trln. (2.6%)

The Customs Union between Belarus, Kazakhstan, and Russia came into existence on January 1, 2010.1 Belarus, Kazakhstan, and Russia are to go on with economic integration and were set to remove all customs borders between each other after July 2011. It is separate from the Eurasian Union.

  • From January 1, 2012, the three states are expected to introduce the single economic space.
  • Leaders of Tajikistan voiced their interest in potentially joining the union.
  • Ukrainian President, Viktor Yanukovych has stated that Ukraine may potentially join the Customs Union in the future, but that the Constitution of Ukraine currently does not allow that.23 On the other hand, he has also stated (in April 2010) that Ukraine will not join the Customs Union.4 Ukraine's possible association agreement with the European Union (EU)5 is seen by the EU as not being compatible with entering the customs union with Russia, Kazakhstan and Belarus; the latter would end the chances for this agreement according to European Commission President José Manuel Barroso (in April 2011).6 Yanukovych wants to pursue EU membership for Ukraine.6 In May 2011 Yanukovych stated Ukraine is "searching for mechanisms of cooperation that will allow us to work with the customs union to the extent which Ukrainian laws and our obligations to world organizations such as the World Trade Organization allow”.6
  • Russia, Kazakhstan and Belarus have launched a customs union as a first step towards forming a broader EU-type economic alliance of former Soviet states.
  • In October 2011, the acting prime minister of Kyrgyzstan has announced that the country will join the union, and that the process has been agreed with the prime-ministers of the other member states.7
  • On 19 November 2011 Belarus, Kazakhstan, and Russia put together a joint commission on fostering closer economic ties, planning to create a Eurasian Union by 2015.8

See also

References



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