Eurasian economic integration is the process of economic integration of post-Soviet states which are geographically located in the center of the continent of Eurasia. Eurasian integration has been taking shape since 1991, originally via the establishment of the
Commonwealth of Independent States in 1991, as noted in the World Trade Organization report.[1] Currently, integration is primarily implemented through organizations that are open to accession by any post-Soviet countries, such as the Commonwealth of Independent States and the Eurasian Economic Union. An economic union means the deepest stage of economic integration.[2]
The former Soviet republics that became independent states were part of the economy of the Soviet Union with its common technical standards, common infrastructure, territorial proximity, chains of cooperation, and common legal heritage. Through the signing of international agreements on trade, economic cooperation and integration, countries can achieve an increase in the efficiency of their economies, which suffered due to the disintegration of the Soviet Union. At the same time, all post-Soviet countries have moved to a market economy, implemented reforms and expanded trade and cooperation with the global economy. Over the past three decades, several negotiations have taken place and not all proposed integration projects have been successful.
^ abCommittee on Regional Trade Agreements Factual presentation wto.org
^"Stages of Economic Integration: From Autarky to Economic Union".
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