DUSHANBE, October 6, 2008, Asia-Plus  -- A plenary session of the CIS Economic Court, presided over by its chair Fayzullo Abdulloyev, who is also chairman of Tajikistan’s High Economic Court, was held in Dushanbe on October 4. 

According to Tajikistan’s High Economic Court, the session considered a number of issues related to the most important aspects of activities of the CIS Economic Court and reforming it.

The session members also adopted the CIS Economic Court’s concept on establishment of the center for informational and legal interaction of judicial bodies of the CIS states.

The Economic Court, which has its seat in Minsk, Belarus, was founded by the Agreement on the Statute of the Economic Court and approved by the Council of Heads of State of the CIS on July 6, 1992.  All member states of the CIS, except Turkmenistan and Ukraine, signed the 1992 Agreement.  Armenia, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, and Uzbekistan ratified the 1992 Agreement and the 1992 Statute of the Economic Court.

As a formal matter, the Economic Court became a judicial organ of the CIS only after the adoption of the CIS Charter in 1993.  The CIS Charter lists the Economic Court among the principal organs of the Commonwealth.  On July 6, 1994, the Economic Court adopted its Rules of Procedure.  The first opinion of the Court was issued the same year.  In 1997, the Economic Court adopted a revised version of its Rules of Procedure.