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Eurasian Economic Union: An uncertain future?

... Economic Union In external trade, critics decry the organization for being inherently protectionist. The common external tariff that came into effect was largely based on Russia’s existing tariff structure in 2010 as the Eurasian Customs Union (ECU). Belarus saw a small decline in tariff rates, but Kazakhstan saw a marked increase in tariff levels. Despite the tariffs, data reveals net growths in trade with third-countries for the ECU from 2010-2013. Since then, the bloc’s trade with third ...