The Heads of State created the Eurasian Economic Union signed a treaty of accession of Armenia to the EAEC

Date: 08:31, 13-10-2014.

Astana. October 13. Silkroadnews - Heads of Member States to establish the Eurasian Economic Union (EAEC) in Minsk on October 10 signed a treaty of accession of Armenia to the Agreement of the EAEC, reports the agency BelTA.
The corresponding agreement was signed at the council meeting in Minsk at the level of Heads of State.
Press service of the President of Kazakhstan reports that, Nursultan Nazarbayev at the meeting stressed that the key point of the meeting was the signing of the Treaty of Accession of Armenia to the Treaty on the Eurasian Economic Union.
Nazarbayev also addressed staffing issues and the Eurasian Economic Commission to put forward a proposal to increase the share of its employees who are nationals of the Republic of Kazakhstan.
Kazakh President noted that, in general, countries will have a lot of work, including public awareness.
As previously reported, the Eurasian Economic Union will start functioning from January 1, 2015. The purpose of the alliance is to create a single market, the removal of barriers to the movement of goods, services, investment, labor, concerted economic policy.
Supranational bodies of EAEC will work on the principle of  "one country, one vote".  For leadership positions in the higher bodies of the Eurasian Economic Commission, the Council and the College shall appoint an equal number of representatives from each participating country.
Promising integration effect in the form of GDP growth in 2030 is estimated at $900 billion.
Headquartered of Eurasian Commission will be in Moscow, the court EAEC in Minsk, and the financial regulator - in Almaty.
Earlier, on October 3, Russian President Vladimir Putin signed a law on ratification of the Treaty on the Eurasian Economic Union. Later, on October 9, the law on ratification of the EAEC was signed by President of Belarus Alexander Lukashenko.

Share the news: