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Eurasian Economic Union integrates energy markets: EU stands aside
Die Eurasische Wirtschaftsunion schafft einen Energiemarkt - die EU steht abseits
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Stiftung Wissenschaft und Politik -SWP- Deutsches Institut für Internationale Politik und Sicherheit
Abstract The process of establishing a common energy market in the Eurasian Economic Union (EAEU) is moving forward after Russia and Belarus succeeded in resolving important differences. This reorganisation of the energy space will also affect the European Union, because Russia and Kazakhstan are major oil a... view more
The process of establishing a common energy market in the Eurasian Economic Union (EAEU) is moving forward after Russia and Belarus succeeded in resolving important differences. This reorganisation of the energy space will also affect the European Union, because Russia and Kazakhstan are major oil and gas suppliers, and important export pipelines originate there. At the same time regulatory and technical fault lines are becoming apparent between the EU/European Energy Community and the EAWU - also affecting transnational physical infrastructure. Furthermore, the integration blocs overlap in sensitive regions like the Caucasus, the Black Sea region and the Baltic states. (author's abstract)... view less
Keywords
EU; Europe; economic union; foreign policy; energy policy; Asia; international economic relations; energy industry; economic integration
Classification
Special areas of Departmental Policy
International Relations, International Politics, Foreign Affairs, Development Policy
Free Keywords
Eurasische Wirtschaftsunion; bilaterale internationale Beziehungen
Document language
English
Publication Year
2018
City
Berlin
Page/Pages
8 p.
Series
SWP Comment, 5/2018
ISSN
1861-1761
Status
Published Version; reviewed
Licence
Deposit Licence - No Redistribution, No Modifications