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Almaty is hosting a session of the Eurasian Economic Commission (EEC) Consultative Committee for Oil and Gas, chaired by Danial Akhmetov (a member of the energy and infrastructure board of the Commission). One of the topics being discussed there is the formation of a common electricity market and balance of energy resources, News Kazakhstan reports.
The Eurasian Economic Commission has drafted an agreement concerning Armenia's membership in the body. The document has already been submitted to the Armenian government as well as to the government of the body's member-states, Armenian Foreign Minister Shavarsh Kocharyan informs.
Kazakhstan and Belarus rejected Russia’s proposal at the Eurasian Economic Commission to raise customs fees for Ukraine, Vedomosti reports.Belarusian Vice Prime Minister Sergey Rumas notes that evaluating the possible risks of Ukraine’s …
Valentina Matviyenko, the speaker of the Federation Council of Russia, said at the Belarus and Russia Forum of Regions in Minsk that Russia may become a major world food supplier. She reminded that Russia imported about a third of all its food consumed, RIA Novosti reports.Matviyenko noted the need to control GMO products, develop eco products and protect consumers from low-quality products. She believes that Russia and Belarus have a basis for enforcing food security as Union States.
Advantages of integration
The Eurasian Union is a great problem for those who dream about a unipolar world
Kazakh President Nursultan Nazarbayev said at a session of the Supreme Eurasian Economic Council that Almaty should be the financial center of the Eurasian Economic Union, ITAR-TASS reports.He reminded that Almaty will headquarter the supranational structure for regulation of financial markets of the Eurasian Union. The Eurasian Economic Commission will have headquarters in Moscow and the Eurasian Court in Minsk.
Anton Azarov, the head of the section for international interaction at the Development and Integration Department of the Eurasian Economic Commission, said at an Astana-Moscow-Yerevan video conference that the agreement on formation of the Eurasian Economic Union was almost ready.The document, as he stated, will be signed on May 29, 2014. The sides will still need to reach common grounds on trade of oil, gas, petroleum, medicaments and other products.
Anton Azarov, the head of the section for international interaction of the Development and Integration Department of the Eurasian Economic Commission, said that the project of the agreement on membership of Armenia in the Eurasian Economic Union will be ready by June 1, 2014.
Kyrgyz Prime Minister Joomar Otorbayev said in Moscow that the road map for the country to join the Customs Union had almost been completed, ITAR-TASS reports.He expressed hope that the road map project would soon be approved by the Board of the Eurasian Economic Commission. It would then be passed by the parliament.Following the procedures, the Kyrgyz government would then file a bid to join the Customs Union and the Eurasian Economic Space. In Otorbayev’s words, Kyrgyzstan expects Rosneft to make a decision on entering the country.
Russian President Vladimir Putin said after a session of the Supreme Eurasian Council that the treaty on the Eurasian Economic Union will be signed on May 29, ITAR-TASS reports.He noted that U.S. sanctions will not affect the integration process of Eurasia. The president expressed confidence that the treaty would intensify cooperation of the countries signing it. Putin added that the treaty will make the market of 170 million people more attractive and substantial.
Armenian President Serzh Sargsyan will attend a session of the Supreme Eurasian Economic Commission in Minsk on April 29 and may sign a treaty to join the Moscow-led Customs Union, Panorama.am reports.Karine Minasyan, deputy minister for …
Israel and the Customs Union have formed a working group to study the formation of a free trade zone. The group consists of experts of the Eurasian Economic Commission, ministries and agencies of the Customs Union and Israel, ITAR-TASS …
The Ukrainian Cabinet will discuss and pass a program for cooperation with members of the Moscow-led Customs Union (Russia, Belarus, Kazakhstan) for 2014-2020. Minister for Economic Development and Trade Igor Prasolov will be a rapporteur at …
Kazakhstan will halt exports of light distillates, kerosene, gas oils and some other petroleum products for half a year on January 1, 2014, to prevent their deficit and to control prices on the domestic market, News Azerbaijan reports.The …
Kazakh President Nursultan Nazarbayev said at the Supreme Eurasian Economic Council today that the Eurasian Economic Union should not be politicized and should only be an economic issue,
"Russia Offers Ukraine Cheaper Gas to Join Moscow-Led Group" is an article published today by Bloomberg amidst pro-European agreement demonstrations in Ukraine. "Russia will offer cheaper natural gas to Ukraine if the government in Kiev opts to join a Moscow-led economic bloc after halting free-trade talks with the European Union, according to First Deputy Prime Minister Igor Shuvalov.
Russian President Vladimir Putin will visit Armenia in early December, Foreign Minister Sergei Lavrov said today after talks with his counterpart from that country Edward Nalbandian.Today's meeting is considered by the Russian party "as one of the key stages of preparation for the upcoming visit in early December of the President of the Russian Federation to the Republic of Armenia", RIA Novosti quotes him.
Last week, the head of the Eurasian Economic Commission, Viktor Khristenko, visited Yerevan where he spoke about the advantages of the Eurasian Economic Union. “Participation in an effective regional union enables countries to be heard in the world and influence the formation of new rules of the international dialogue,” Khristenko believes. According to him, after joining the Customs Union and the common economic area of Russia, Belarus, and Kazakhstan, Armenia will get all the advantages enjoyed by members of the CU.
Legally, the union will began to exist in 2015, but experts have doubts over its quality
