ECONOMIC AND LEGAL ASPECTS OF CREATION OF AN INTERNATIONAL FINANCIAL CENTER AS IMPORTANT CIS AND EVRASES COUNTRIES INTERGATION FACTOR

Abstract

The process of forming in Moscow a regional (to be in future transformed into a global) international Single Economic Space (SES) financial center should become for the Commonwealth of Independent States (CIS) and Euroasian Economic Community (EvrAsES) countries an universal integration instrument to be used to create their common economic and commercial space. The international center along with SES national financial centers will form an internationally competitive polycentric financial network with single institutional (regulatory, law, customs, etc.)agreements. A mechanism should be formed to attract countries outside Customs Union to participate in creation of the international financial center.

Keywords

• financial center
• mechanism
• integration
• competition
• over-national function
• international law