Conflict Management inside EAEU to Preserve Its Forum

Abstract

Eurasian Economic Union members: The Eurasian Economic Union consists of five member states: Russia, Belarus, Kazakhstan, Kyrgyzstan, and Armenia. What is the Eurasian Economic Union? The Eurasian Economic Union (EEU or EAEU is a project for the economic integration of the former Soviet region. Its formal objectives are to create a common market much like the European Union (EU). There are four targets of this forum, i.e:1) coordinating economic policy, 2.) eliminating non-tariff trade barriers,3) harmonizing regulations, and 4).modernizing the economies of its five member states. While the whole population of EEU member states is estimated 180 million people. The EEU has some institutions inside it, i.e:  the Eurasian Economic Commission in Moscow as its regulatory body, and a Court of the Eurasian Economic Union based in Minsk. The Commission's power is limited. Member states disagreeing with its judgments can appeal to other bodies, and the Commission has no power to bring a member state before the Court in a case of non-compliance. Disputes are often resolved bilaterally rather than via EAEU institutions. Bureaucratic forms of the EU have not been fully copied by the EAEU, which seems a slow phase of its development so far. This is might be caused by EAEU GDP in 2019 being the majority Russian economy (87%). Russia is by far the largest member state and dominates the Union. This domination means that Russia is easily able to act unilaterally within the union [1].