Improving the Customs Regulation Framework in the Eurasian Economic Union in the Context of Sustainable Economic Development

Abstract

The formation of a customs administration framework based on the digital economy in the Eurasian Economic Union (EAEU) requires the application of fundamentally new technologies. The successful implementation of digital technologies in the information space of the EAEU presupposes the solution of a number of problems associated with the ensuring the implementation of the concept of sustainable development of the EEU member states in the new economic reality and transition to a new paradigm of customs administration based on the digitalization of the processes of regulation of foreign economic activity. Based on this paradigm, we set the following tasks: to identify trends and substantiate the need for digitalization of the customs administration mechanism in the Eurasian Economic Union based on the use of new technologies; to reveal the meaningful features of digital technologies that are promising for the development of the mechanism of customs administration of the EAEU; consider the applied aspects of the latest information technologies used in the course of EAEU customs administration system digitalization; and assess the prospects for their use, analyze the prospects of organizational, legal and managerial support of this process in the EAEU at the supranational and national levels. The article concludes that within the framework of the digital transformation of the EAEU, new opportunities are opening up for the customs regulation framework, based on the introduction of technologies for analyzing large amounts of data, immersive technologies, blockchain, the use of innovative methods for obtaining and processing customs information (satellite tracking, radio frequency identification), and the introduction of artificial intelligence technologies in customs control processes.

An Assessment of China’s Digital Trade Development and Influencing Factors

“…In 2019, the OECD published the Digital Service Trade Restrictiveness Index, which established a framework for the monitoring of barriers that affect trade in digitally enabled services. The framework covers five areas, namely infrastructure and connectivity, electronic transactions, payment systems, intellectual property rights, and others ( Ferencz, 2019 ; Vovchenko et al, 2022 ). Du (2020) asserts that the development of digital trade in China is crucially affected by China’s rapidly growing information industry and digital industry.…”

Exploring Knowledge Trajectories of Accounting Information Systems Using Business Method Patents and Knowledge Persistence-Based Main Path Analysis

“…Because accounting is data-driven, big data can help deliver greater value [45]. Big data can also be used for customs policy establishment and performance auditing [46]. Meanwhile, block chain can be used by customs authorities for tax control purposes.…”

“…Finally, the approach used in this study can be used in other emerging technologies that influence accounting research, such as artificial intelligence, big data, cloud computing, block chain, and the Internet of things. Several studies claim that artificial intelligence, big data, and block chain technologies are having an impact on accounting fields such as taxation, costing, and auditing, and research in these fields is active (i.e., [46][47][48]51]). In addition to understanding the development trend of the technology through research on patents related to artificial intelligence, it is possible to predict the future direction of the Fourth Industrial Revolution through research on how this technology is used in which fields of social sciences.…”