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ECONOMICS. LAW. SOCIETY

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Unification of the Legal Regulation of the Fuel and Energy Sector as an Instrument of Eurasian Integration

https://doi.org/10.21686/2411-118X-2024-1-174-178

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Abstract

Integration processes in the modern world are actively developing, especially within the Eurasian space. The presented article explores the theoretical and practical aspects of unifying the legal regulation of the fuel and energy complex (FEC) as a tool for Eurasian integration. This process involves the harmonization and standardization of regulatory acts related to the extraction, transportation, and utilization of energy resources in the member countries of integration associations. The authors analyze heterogeneous approaches to understanding the legal nature of FEC unification. An attempt is made to identify the main features and characteristics of unification in the law of the Eurasian Economic Union (EAEU), with particular attention to potential problems and challenges that may arise in the process of unifying legal regulation within Eurasian integration. Possible solutions to contentious issues are proposed in the paper. Special attention is paid to the study of EAEU norms through comparative analysis of the EAEU treaty and international agreements between integration members. As a result of such unification, the efficiency of the fuel and energy sector’s functioning is increased, administrative barriers for market participants are reduced, and competitiveness on a global scale is enhanced. The subject of this study is the norms of international treaties and the norms of EAEU law.

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Kurbanov R.A., Gadzhiev A.A. Unification of the Legal Regulation of the Fuel and Energy Sector as an Instrument of Eurasian Integration. ECONOMICS. LAW. SOCIETY. 2024;9(1):174-178. (In Russ.) https://doi.org/10.21686/2411-118X-2024-1-174-178

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ISSN 2411-118X (Print)