Considering Accession to the Eurasian Economic Union: For Azerbaijan, Disadvantages Outweigh Advantages

Considering Accession to the Eurasian Economic Union: For Azerbaijan, Disadvantages Outweigh Advantages

The Eurasian Economic Union (EEU) is an economic integration project, similar to the European Union, proposed by the Russian Federation (RF) in late 2011. The EEU is an extension of existing integrative projects of Belarus, Russia, Kazakhstan and other countries (namely, the Commonwealth of Independent States (CIS), Collective Security Treaty Organization (CSTO), and especially Customs Union (CU) and Common Economic Space (CES)) and would be a kind of supervising commission for the members. The CIS and CSTO cover almost all former USSR countries. The CU and CES, however, were established only between Russia, Kazakhstan, and Belarus in 2010, and the EEU would be a further-integrated model of the CU.

Azerbaijani experts generally regard the EEU as an attempt to re-establish the Soviet Union. This view is supported by the Russian Federation’s intentions to establish this integrative project with post-Soviet countries. Because of a negative experience of development as part of the Soviet Union and the economic turmoil faced after gaining independence in the wake of its collapse, Azerbaijanis tend to be wary, if not frightened, of the project. However, in our view, it is naïve to consider this project as a re-establishment of the Soviet Union. Rather, the project should be considered a tool for Russia to secure its geopolitical interests in neighbouring countries. Thus, it is ill-minded to consider the project as restoration of Soviet Union. The Russian Federation understands and analyses the negative feelings associated with the Soviet Union. Thus In order to influence the post-Soviet countries, Russia considered the Eurasian Economic Union as a more attainable goal, instead of re-establishment of Soviet Union.

Download Full Paper Here

Leave A Comment