Processes of international regional integration in the post-Soviet area raise many doubts and controversies. Since the collapse of the USSR and formation of new countries in its place in 1991, numerous initiatives have occurred, that often to a greater extent attempt to maintain the previously-functioning political and economic ties between these countries, instead of creating a new quality of mutual relations between them. An additional difficulty in this respect lies in large disparities in terms of economic and political potential and natural resources owned. Eurasian Economic Community (EurAsEC), since its inception in 2001, has assumed ambitious economic goals. The Eurasian Customs Union, founded in 2010 on the territory of the EurAsEC, integrates three of the five members of the group: the Russian Federation, the Republic of Belarus, and Kazakhstan. The purpose of this article is to attempt to answer the question about the actual extent of economic integration between the countries which formed this customs union and the prospects of transforming the area into a common market.

Processes of international regional integration in the post-Soviet area raise many doubts and controversies. Since the collapse of the USSR and formation of new countries in its place in 1991, numerous initiatives have occurred, that often to a greater extent attempt to maintain the previously-functioning political and economic ties between these countries, instead of creating a new quality of mutual relations between them. An additional difficulty in this respect lies in large disparities in terms of economic and political potential and natural resources owned. Eurasian Economic Community (EurAsEC), since its inception in 2001, has assumed ambitious economic goals. The Eurasian Customs Union, founded in 2010 on the territory of the EurAsEC, integrates three of the five members of the group: the Russian Federation, the Republic of Belarus, and Kazakhstan. The purpose of this article is to attempt to answer the question about the actual extent of economic integration between the countries which formed this customs union and the prospects of transforming the area into a common market.