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National and supranational legal regulation: Challenges and opportunities; Experience of Eurasian Economic Union

National and supranational legal regulation: Challenges and opportunities; Experience of Eurasian Economic Union. Mikhail Galperin Ministry of Justice of the Russian Federation. Integration. Integration –

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National and supranational legal regulation: Challenges and opportunities; Experience of Eurasian Economic Union

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  1. National and supranational legal regulation: Challenges and opportunities;Experience of Eurasian Economic Union Mikhail Galperin Ministry of Justice of the Russian Federation

  2. Integration Integration – key factor of the modern stage of globalization covering all spheres of economic and legal life WHAT IS NEEDED: • new regulation • more transparent conditions for business

  3. Post-Soviet economic integration steps • Free Trade Area • Customs Union • Common Economic Space

  4. Integration institutes • Customs Union Commission • Eurasian Economic Commission • Establishing trade regimes with third countries • Forming policy in fields of currency, macro economy, energy and competition • Regulating issues of industrial and agricultural subsidies, state contracts, transport, migration, financial markets and other fields

  5. Integration legal framework • GOAL: Create a uniform legal framework to • Enhance economic and scientific cooperation • Create new opportunities for economic operators • Ensure sustainable growth and increase in economic competitiveness of member-states

  6. Integration legal framework • Stages: • Unification and harmonization of national legislations in fields of common interest • Creation of a unified supranational legal framework • Codification of new rules

  7. Integration legal framework • Codification • Unified regulation • Exchange of best legal practices • Coordinated stable legal policy • Unique opportunities for international business and capital markets

  8. Codification issues • What legislation shall be codified in priority? • Possible discrepancies between national and supranational regulation • Possible adoption of ready systematic legal solutions from national level

  9. Uniform application of law • Creation of supranational courts • Formation of a system of authoritative arbitration courts • What’s more…?

  10. Q&A

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