CIS의 경제통합 추진현황과 정책 시사점 : 관세동맹을 중심으로 (CIS Economic Integration and Policy Implications for Korea: Focusing on the Customs Union)

Nevertheless, they kept up efforts to form various integration schemes, such as the Customs Union of Russia, Belarus and Kazakhstan. The Customs Union was basically the first successful case of economic integration among CIS countries. The formation of the trilateral union was completed by introducing a common customs tariff on January1, 2010 and removing internal border controls on July 1, 2011. The overall GDP of the Customs Union amounted to USD 1,677.5 billion in 2010, or 86% of the GDP of the CIS and 2.66% of world GDP. Since the weight of the three economies in the CIS is considerable, it is expected that the Customs Union will have some repercussions for Korea, as well as its neighboring countries. In addition, increase in membership is likely to have greater impact. Currently, Kyrgyzstan and Tajikistan have applied for membership in the union. At this moment, an analysis of the 2 year-old Customs Union and the search for its implications for Korea has great meaning