Verdiyeva S (2019)
Publication Type: Book chapter / Article in edited volumes
Publication year: 2019
Publisher: Springer Science and Business Media Deutschland GmbH
Edited Volumes: European Yearbook of International Economic Law 2018
Series: European Yearbook of International Economic Law
Book Volume: 9
Pages Range: 337-354
DOI: 10.1007/8165_2018_24
The Eurasian Economic Union was established on May 29, 2014. The members of the union are the Russian Federation, Kazakhstan, Belarus, Armenia and the Kyrgyz Republic. Energy dialogue forms an important part of this union. Currently, the parties aim to conclude the formation of the common energy market by 2025, however there are a number of hurdles blocking the successful achievement of this goal. This article argues that formation of common energy market is hindered through the lack of trust between the members, monopolization of the energy sectors, non-coordination of national energy policies, lack of fair competition in the energy market and dependence on single source of energy, mainly fossil fuel in overall energy mix.
APA:
Verdiyeva, S. (2019). Trade in Energy: The Case of the Eurasian Economic Union. In Marc Bungenberg, Markus Krajewski, Christian J. Tams, Jörg Philipp Terhechte, Andreas R. Ziegler (Eds.), European Yearbook of International Economic Law 2018. (pp. 337-354). Springer Science and Business Media Deutschland GmbH.
MLA:
Verdiyeva, Seljan. "Trade in Energy: The Case of the Eurasian Economic Union." European Yearbook of International Economic Law 2018. Ed. Marc Bungenberg, Markus Krajewski, Christian J. Tams, Jörg Philipp Terhechte, Andreas R. Ziegler, Springer Science and Business Media Deutschland GmbH, 2019. 337-354.
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