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- formation and joint development of an energy market; creation of a common market
for transportation services and a single transportation system, and realization of the SES
countries' transit potential;
- the single market is more attractive for mutual and foreign investment and innovation;
businesses can obtain additional resources, which helps to accelerate economic develop-
ment and create new jobs;
- greater order in organizing labor migration;
- significant facilitation of cross-border ties for citizens, who can use their energy and skills
in the common labor market; in this market, migrant workers are protected by law, with
mandatory health insurance and educational services available to them and members of
their families;
- opportunities for member countries to jointly defend their interests in relations with
other states and at the level of international organizations.
At the same time, the three member countries do not fence themselves off from other
markets but, on the contrary, seek to develop multiform cooperation with both individual
states and regional integration groupings, including the EU. European and Eurasian inte-
gration can effectively complement each other.
IN ITS 14 YEARS, the EurAsEC has successfully accomplished the tasks set before it: it
has developed a legal and regulatory framework for a Customs Union and a SES.
The EurAsEC is registered with the United Nations and effectively cooperates with its in-
stitutions, and also with the EU, IAEA, CSTO, SCO, CIS and many other international
organizations, which helps to accelerate Eurasian integration.
Thus, the EurAsEC has accomplished its historical mission and from 2015 will pass the
baton to a new integration association: the Eurasian Economic Union. The creation and
active work of the Union are of historical importance for the future of Russia, Kazakhstan,
Belarus and other post-Soviet countries that will eventually become its members. The
Eurasian Economic Union will be able to compete and cooperate on equal terms with the
other poles of the modern multipolar world, raising our countries to a fundamentally new
level of integration and creating a totally different geoeconomic reality of the 21st cen-
tury.
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