Regulation of the EAEU Space: Protection Mechanisms and New Opportunities for Business

Ten years have passed since the Treaty on the Eurasian Economic Union was signed on 29 May, eventually leading to the establishment of the Court of the EAEU. It is time to reflect on what has been achieved and use the experience gained to outline ways to move forward, to further improve the institutions and legislation in place within the Union, to assess the place of its judicial body, the Court of the EAEU, in strengthening the rule of law in the EAEU, in protecting the rights and legitimate interests of states and economic entities on the basis of the Treaty on the EAEU and other legal acts of the Union, and in ensuring its uniform application by member states and Union bodies. The successful resolution of these tasks, achievement of goals, and implementation of principles enshrined in the Treaty on the EAEU by its member states would be unthinkable without a systematic and constructive effort on the part of the Court of the EAEU, in accordance with its expertise, to work together with the Eurasian Economic Commission and other bodies within the Union, EAEU member states, authorized bodies and national judicial authorities, the legal community, and the business community. The effectiveness of the Court depends on a number of factors, not least of which is the awareness of the general public of what this international judicial body means for legal defence in the context of foreign economic activity across the EAEU among others. In this regard, a systematic dialogue must occur with the authorized bodies and judicial authorities of Member States, the legal community, and the business community in order to identify and eliminate gaps in Union legislation, improve its application, and ensure consistent and effective implementation of the goals and principles of the EAEU Treaty. What is the role of the Court of the EAEU and how has it strengthened legal order? What mechanisms exist for protecting the rights and legitimate interests of the subjects of legal relations regulated by the Treaty on the EAEU and other acts of the Union, including economic entities (legal entities, individual entrepreneurs) from Member States and third countries?