Central Asian Yearbook of International Law and International Relations

Article

The Eurasian Integration Process: Whether Political Will Is Enough to Keep the Eurasian Economic Union Alive

Keywords Eurasian economic union, international organization, economic integration, sanctions wars, Russia
Authors Ekaterina Antsygina en John Quigley
Author's information

Ekaterina Antsygina
Ekaterina Antsygina, PhD, was working as an associate professor at the Law Faculty of University Catolica of Colombia.

John Quigley
John Quigley, A.B., M.A., LL.B. Harvard University, is Professor Emeritus, Moritz College of Law, The Ohio State University, USA.
  • Abstract

      While the world is concerned about the consequences of the Brexit and the future of the European Union, an international organization with similar goals is struggling to overcome external and internal problems. The Eurasian Economic Union of Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia aims to shore up the economies of its member states and improve the lives of their populations. However, it faces external sanctions, low prices on hydrocarbons, political crises of its members, and devaluation of the member states’ national currencies in relation to the US dollar. The authors assess the Eurasian Economic Union’s prospects.

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