DUSHANBE, December 12, 2009, Asia-Plus -- A session of the Interstate Council of the Eurasian Economic Community (EAEC) that was held in St. Petersburg, Russia on December 11 resulted in singing of a number of documents, according to Russian media.
The sides, in particular, signed a protocol on fulfillment of decisions adopted at the 23rd session of the EAC Interstate Council that was held on June 9, 2009 and a document on establishment of the Customs Union for Belarus, Kazakhstan and Russia and creation of a common economic space within the EAEC area.
The session also adopted a document on the process of fulfillment of the plan of implementation of anti-crisis measures to mitigate effects of the global financial crisis and endorsed the EAEC interstate targeted program, Innovative Biotechnologies.
The session participants also signed an agreement on fundamental principles of currency policy of the EAEC states to regulate and control transactions, connected with movement of capital, as well as an education cooperation agreement and a concept of the EAEC food security.
The EAEC heads of government also discussed a draft concept of interstate targeted program for recultivation of territories of the EAEC states, affected by uranium-mining production, and a draft concept of the interstate targeted program for creation of the informative and methodical system for the single procedure of export control for the EAEC member nations.
The session also considered issues related to development of the labor migration database in order to make information about the EAEC labor migration available.
The EAEC heads of government also considered a number of other issues.
The EAEC now groups Belarus, Kazakhstan, Kyrgyzstan, Russia and Tajikistan. The initial concept of the Eurasian Economic Community was first proposed in October 2000, as a successor to the CIS Customs Union, when Belarus, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan signed a treaty on broad economic and trade cooperation. The organization was formally created with the ratification of that treaty in May 2001. The initial five-member group was further expanded in May 2002 when Moldova and Ukraine were granted observer status, and again in April 2003, when Armenia gained observer status. Uzbekistan joined the Community in January 2006 but in December 2008, it suspended its membership in the EAEC.



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