Global Insider: The Post-Soviet Customs Union

Kyrgyzstan recently moved to open membership negotiations with the customs union formed by Russia, Kazakhstan and Belarus in mid-2010. In an email interview, Alexander Libman, a professor of international political economy at the Frankfurt School of Management and Finance, discussed the prospect of the customs union’s expansion. WPR: What are benefits of the customs union for Russia and the other countries that have joined? Alexander Libman: The three countries in the customs union (CU) — Russia, Belarus and Kazakhstan — exhibit a relatively high level of economic interconnection, partly inherited from their Soviet past and partly created anew through the […]

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