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Oleh Malskyy spoke on potentials and opportunities of the Customs Union of Belarus, Kazakhstan...

June 2013

and Russia at the III St. Petersburg International Legal Forum that took place on 15-18 May 2013.-

Over the three years of its existence the Forum rose to a landmark legal event in the Russian Federation, having gathered this year the representatives of more than 63 countries with over 2500 delegates, including the highest level governmental officials. The event was opened with the speech of Dmitry Medvedev, the Prime Minister of the Russian Federation, who took part in the plenary session "Competition and Cooperation between Legal Systems: the Role of Law in Ensuring the Development of Society, the State, and Economy".

Mr Malskyy spoke during the track dedicated to the Customs Union and the WTO. The panel, moderated by Viktor Evtukhov, the Deputy Minister of Industry and Trade of the Russian Federation, discussed current topics of WTO practices in regard to custom unions, especially regarding enduring process of Customs Union countries accession to the WTO, different aspects of judicial practices of EurAsEC Court, European Court of Justice and co-relation of custom unions' law and law of WTO.

Mr Malskyy covered the general principles of the Customs Union establishment, expanding on the topic of the basic objectives of the Union and the methods of their fulfillment, as well as probable results and problems connected with its functioning. Mr Malskyy highlighted the pros and cons of the Union membership for Russia, Kazakhstan and Belarus separately, as well as for potential members that are Kyrgyzstan, Armenia, Syria and Ukraine, naming the acquisition of access to the market of the Union, increase of export, duty-free import of oil, increase of concessional lending from the Russian Federation as the main advantages, and increase of prices of imported goods from non-members of the Union, weakening of national producers, increase of unemployment and destabilization of the political situation, increase of smuggled goods in the territory of the Customs Union as the main disadvantages.

"It was a great honor to deliver a speech before such a renowned audience of professionals and to participate in hot debates on such an interesting topic. The event and the round table were very well organized both professionally and logistically", said Oleh Malskyy, Partner of AstapovLawyers ILG.

Note:

St. Petersburg International Legal Forum is the largest legal event in Russia, Eastern Europe and CIS region. It was established in 2011 by the Ministry of Justice and is supported by the President of the Russian Federation. The Forum's primary mission is to promote ideas related to modernizing the law amidst the global changes. It is the first and the unique platform of the kind for the highest level discussion for politicians, lawyers, businessmen and scholars.

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