Khuzikhanova A.R. Trends of development of the courts within the regional integrational institutions. Prospects of the Court of the Eurasian Economic Community

Abstract:   The subject of this research is determination of the model of the Court of the Eurasian Economic Community (EurAsEC Court) by comparing the qualifying components and characteristics of the most common models of courts of the international integrational institutions with the judicial mechanism of the EurAsEC Court itself. The goal of this work is forecasting the prospects of the development pf EurAsEC Court by taking into account the experience of other types of courts within the corresponding organizations. In the author’s opinion it can produce a positive effect upon the entire system of the Eurasian Economic Union. The scientific novelty consists in the fact that the author analyzed and determined the most common and patterned models of the judicial mechanisms within the international integrational institutions – Dispute Settlement Body of the World Trade Organization and Court of Justice of the European Union. The author came to a conclusion that the EurAsEC Court does not fit any of the described models, and rather represents a more unique institution, but nevertheless, its reference to the experience of the Court of Justice of the European Union is still evident. The author points out some flaws of the EurAsEC Court and offers most realistically implementable solutions.

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