The system of customs and tariff regulation of the EAEU in the context of globalization: problems, trends and prospects of development

Stella Zemlyanskaya,T Kliestik,Maxim Novikov

doi:10.1051/shsconf/20219202047

Abstract

Research background:Simplifying the system of foreign trade relations and providing advantages to individual States, allows you to increase the volume of foreign trade turnover and most effectively transform the structure of exports and imports of the country, taking into account its international specialization and competitive advantages. An integral component of the process of globalization is the strengthening of competition between national and foreign producers. In these conditions, it is important for the national economy to achieve a certain balance between protectionist measures and free trade instruments.Purpose of the article:The purpose of this article is to summarize the theoretical and practical experience of using the tools of customs and tariff tools and develop recommendations to improve the efficiency of their application within the EAEU.Methods:The research used methods of generalization, classification and comparative analysis of theoretical and methodological approaches to assessing the effectiveness of customs tariff instruments and their individual elements, methods of setting scientific hypotheses, grouping research depending on the conclusions and results obtained, and the possibility of using this experience to improve the system of customs and tariff regulation of the EAEU.Findings & Value added: As a result of the research, it was possible to identify the most acute problems of the customs and tariff regulation system of the EAEU, to identify their impact on the economy of the member States, to offer recommendations for improving the tools of customs and tariff regulation, and to assess the economic effect of the proposed recommendations.

Highlights

The system of international economic relations has undergone a radical transformation due to increased antagonism between the processes of globalization and regionalization over the past decade
It is important to maintain a certain balance of power, which can only be achieved by creating conditions for effective functioning and growth of production in the changed political and economic environment, on the one hand, and protecting the interests of national producers in foreign markets, on the other hand
The main objective of this study is to identify the most effective directions of development of a customs-tariff regulation supranational system, that makes it possible to intensify the EAEU foreign trade considering qualitative changes of the commodity nomenclature, as well as measures protecting national interests of participating countries in terms of enhancing the processes of regional integration [6]

Summary

Introduction

The system of international economic relations has undergone a radical transformation due to increased antagonism between the processes of globalization and regionalization over the past decade. Its priority task is not to solve common socio-economic problems of the participating countries, but to use the integration association as a tool for economic isolation of specific states due to localizing economic relations within a limited number of states or a certain region Another attribute of a new normality is the transfer of foreign policy contradictions to the economic area, i.e. trade wars are increasingly becoming the main means of resolving political confrontation between countries or their unions. If previously restrictive economic measures were used by the world community to stop or not resume international torts, they are more and more actively used as agents of the political and economic will of individual hegemonic states [1] Such actions result in an increase in political tension between individual countries, their unions, and regions as a whole. It is impossible to solve such tasks without effective mechanisms for protecting economic interests of the EAEU member states, which can provide an adequate response to decentralized measures of economic coercion combining the tools of offensive and defensive protectionism of an extraterritorial nature [2, 3]

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Conclusion