The Law and Policy of New Eurasian Regionalization

Economic Integration, Trade, and Investment in the Post-Soviet and Greater Eurasian Space


The Law and Policy of New Eurasian Regionalization: Economic Integration, Trade, and Investment in the Post-Soviet and Greater Eurasian Space, edited by Anna Aseeva and Jędrzej Górski, makes several unique contributions to the literature. First and foremost, most of the current literature is in either economics or politics, with only a secondary focus on legal and institutional matters. Secondly, and consequently, the book is accessible and relevant to readers both ‘inside’ and ‘outside’ the boundaries of the Eurasian area: not only geographical boundaries, but also legal, geopolitical, geoeconomic, cultural, and, indeed, disciplinary boundaries.

Drawing on international, transnational, and comparative legal scholarship, this rich volume offers the insights by a plethora of leading international scholars in economics, institutional theory, area studies, international relations, global political economy, political science, and sociology. The contributors come from four corners of the globe, including Asia, Europe, and North America.

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Anna Aseeva Faculty of Law and Administration, Łazarski University and Faculty of Law, HSE University, holds a Ph.D in Law from Sciences Po Paris; a Master in European law and Institutions from the University of Geneva; and a Degree in International Relations from the Graduate Institute of International and Development Studies, Geneva. Her publications include From Corporate Social Responsibility to Corporate Social Liability: a Socio-Legal Study of Corporate Liability in Global Value Chains (Hart Publishing 2021).
Jędrzej Górski, Ph.D (2016), Department of Asian and International Studies, City University of Hong Kong. Formerly UCL Australia (2017), CUHK (2012-2016), MLS (2014) and CMS (2010-2012). His publications include Belt and Road Initiative: Law Economics and Politics (Brill 2018).
List of Illustrations
Notes on Contributors
List of Abbreviations

1 Introduction
W(h)ither Eurasian Regionalization?
  Anna Aseeva and Jędrzej Górski

Eurasian (Re)Integration: Strengths, Challenges, and Opportunities

2 The Geoeconomics of the Eurasian Economic Union
  Glenn Diesen

3 Better Connectivity for Greater Eurasia
China–Russia Cooperation on the Development of the Economic Corridor in the High North
  Vasilii Erokhin and Gao Tianming

4 Why Does the Eurasian Economic Union Need Free Trade Agreements with Third Countries?
  Vladimir G. Sherov-Ignatev

5 International Strategy Toolkit of the EAEU
Options for Third Countries, International Organizations and Integration Groups
  Anastasia Likhacheva and Alexander Korolev

6 The Court of the Eurasian Economic Union
Not Just for Government-to-Government Dispute Settlement
  Kirill Entin and Ekaterina Diyachenko

7 Execution of Judgments and Advisory Opinions of the Court of the Eurasian Economic Union
  Pavel Myslivskiy

8 EAEU Competition Law
What’s in a Name?
  Kirill Entin and Ekaterina Diyachenko

9 Principle of Mutual Recognition as the Cornerstone of the EU Internal Market and Its Potential for the EAEU Internal Market
  Aleksandra Shestakova

Alternative Dispute Resolution

10 Current Trends in International Arbitration in Russia
Protectionism or Preventionism?
  Rinat R. Gareev

11 Transnational Dispute Settlement at the International Commercial Arbitration Court at the Russian Chamber of Commerce and Industry
  Dmitry Davydenko

12 Effectiveness of International Arbitration
Are There Real Barriers to Recognition and Enforcement of Arbitral Awards in Russia?
  Valeria Butyrina

13 Recognition and Enforcement of Foreign Arbitral Awards in the Republic of Azerbaijan
  Azar Aliyev and Turkhan Ismayilzada

14 Commercial Dispute Resolution in the Union State of Russia and Belarus in the Light of the Singapore Convention on Mediation
Perspective of Harmonization?
  Natalia Gaidaenko Schaer

15 An Assessment of VIAC and Energy Community as Alternative Dispute Settlement Centres in the CIS and Greater Eurasian Area
Strengths, Challenges, and Opportunities
  Smaranda Miron and Stephan Karall

Foreign Investments in Eurasia Today

16 Parallel Proceedings before International Investment Tribunals and the European Court of Human Rights
  Vadim Absaliamov

17 Contracts Affected by Economic Sanctions
Russian and International Perspectives
  Andrey Kotelnikov

18 Restrictions on Foreign Direct Investment (FDI) in State Controlled Entities under Russian Law
  Aleksandr P. Alekseenko

19 Investment Arbitration’s First Bell Ring for Belarus – Belarus’s Exposure to International Investment Arbitration
  Benjamin Terrade

20 BIT Planning for Central Asia
The Problem of Negotiations and Definitions
  Aidana Aldiyarova
21 Uzbekistan’s New Bilateral Investment Treaty Standpoint
In Case of Uzbekistan-Turkey BIT (2018)
   Farruhbek Muminov and Jędrzej Górski

Development and Sustainability

22 Arbitration Involving Renewable Energy Investments in the Eurasian Region
A Focus on Indirect Expropriation Claims Brought under the Energy Charter Treaty
   Claudia Pharaon

23 Towards "Greening" of Energy and Mining Sectors in Former Soviet Republics
Foreign Investment Law and Dispute Settlement Implications
   Yulia Dragunova

24 Production Sharing Agreements in the Caucasus and Central Asia
A Contextual Study of Azerbaijan and Kazakhstan
  Hakan Şahin

25 Comparative Analysis of Investment Provisions of the Regional Trade Agreements in the Eurasia Region
The Case of the Eurasian Economic Union and the EU Association Agreements with Moldova, Georgia and Ukraine
  Seljan Verdiyeva

26 EU’s ‘Europeanization’ Policy and Sustainable Development in the Post-Soviet Space
Whither Sustainable? Whose Development? The Case of Moldova
  Anna Aseeva and Alexandra Shishkova

27 Political Implications of Legislative Reform in the Georgian Power Sector
  Erin Brousseau

28 Challenges of the Minority ‘Rule’ of Extractivism for the Majority World
Fighting Climate Change Glocally in Brazil, Kyrgyzstan, and Russia
  Anna Aseeva and Ramin Babayev

29 Maintenance of the Historic Title of Russia to the Straits of the Northern Sea Route in the Twenty-First Century
  Timur Abushakhmanov
br/> 30 Conclusions
Current Trends, and Future Challenges and Opportunities of Law and Policy of Eurasian Regionalization
  Anna Aseeva and Jędrzej Górski


All interested in international trade law, international law of foreign investment, international dispute settlement and/or international arbitration, law of preferential trade agreements, international and economic development, world politics, international economics.
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