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By United Nations

This short booklet goals to supply priceless details for formulating technical suggestions initiatives for japanese Europe, the Caucasus, and primary Asia (EECCA) nations. The book offers a historic heritage in regards to the unfolding of the loose alternate agreements and a precis of latest exchange personal tastes. The research then turns to an assessment of the remainder limitations to alternate.

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Extra resources for Building Trade Partnerships in Eastern Europe, the Caucasus, and Central Asia (Trade and Investment Guides)

Sample text

In cases where there are no criteria specified with respect to a particular product, the general criterion of changes in tariff heading is applied. 4' For this last category, the CIS ROOs are markedly more liberal because they do not require the materials used to be "wholly obtained. Nevertheless, as the table below shows, for a number of heavy industrial products, the rules of origin are identical in the two agreements. The rules of origin for the textile and clothing industry have not, as yet, been developed, and so currently the rule that is applied for these products is simply the criterion of the change in tariff heading.

Clearly, it would be a mistake for the CIS to model the enforceability of the Economic Court's decisions on any similar institution in other RTAs, which operate within a different geo-political reality. For its future development, it is critical that the CIS enhances the role of its Economic Successful regional economic integration requires an efficient and powerful dispute settlement body, able to solve in an impartial manner cases arising from the integration process. 7. CONCLUSIONS The EECCA countries have concluded several agreements, in the form of FTAs and customs unions at the bilateral, plurilateral and regional levels and these have secured important objectives, including, in particular, the successful removal of formal tariff barriers to trade among many of the main trading partners.

Danilenko, 1999). Article 32 of the Charter also grants jurisdiction to "interpret the provisions of agreements and other acts of the Commonwealth for economic issues". A request in interpretation has to be introduced by either legislative and executive authorities of the Member States, by their economic institutions, or by CIS institutions, but in fact, the Economic Court has considered this rule in a very flexible manner, in order to enhance its jurisdictional base. However wide the Economic Court's competence, its effectiveness is seriously undermined by the fact that the Economic Court's judgments are not legally binding for the conflicting parties.

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Building Trade Partnerships in Eastern Europe, the Caucasus, and Central Asia (Trade and Investment Guides) by United Nations


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