Applying OECD Standards and Best Practices in Eurasian Economic Integration

The authors consider more promising areas of the EAEU member states' supranational competencies, where application of the OECD standards could create the highest "added value" for the Eurasian economic integration. Based on an analysis of Russian and the EAEU strategic planning documents, and the OECD best practices and experience of cooperating with integration associations, the paper presents a number of pilot projects in the scope of which the above standards were applied in the most important areas of the Eurasian economic integration. However, the list of pilot projects (in areas such as tax policy, antimonopoly regulation, supporting SMEs, trade policy, and digital agenda) is not exhaustive, while the proposals for applying the OECD standards and best practices in the EAEU need to be further discussed with the Union member states, and require adequate political approval. The supranational consultation mechanism for these topics should be supported by a comprehensive assessment of the socio-economic benefits of applying the OECD standards in the EAEU member states, and of the integration effects for the Union as a whole.