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EEU

Heads of EEU to sum up results of first two years of work

Meeting of the Supreme Eurasian Economic Council will take place in St. Petersburg (Russia) today, on December 26.

As the Eurasian Economic Commission (EEC) reported, the summit of heads of  five member states of the Eurasian Economic Union (Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia) will sum up the results of the first two years of integration union's work and will mark the guidelines for its further development. A key event of the summit will be signing of EEU Customs Code.

It is expected to adopt a number of other important multilateral documents, including those aimed at the promotion of the formation of the common Eurasian market. It is about the Program on formation of a common energy market and the development of a Concept of formation of the common financial EEU market. It is assumed that five leaders will approve plans for liberalization in the services sectors.

Heads of state have to approve main directions of international activity of the Union for 2017 and to consider various aspects of cooperation with key trade and economic partners of EEU.

During the meeting, it is planned to sign a declaration of heads of state On the digital agenda of the Eurasian Economic Union.

In addition, the presidents will discuss the presidency over the Union institutions in 2017. It is noted that according to EEU agreement, Eurasian Intergovernmental Council and EEC council have annual planned rotation. Kazakhstan and its representatives chaired all three structures in the past 2016. 

President of Kyrgyzstan Almazbek Atambayev headed for St. Petersburg to participate in the summit this morning.