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Landmark Agreement: Documents To Establish EEU Signed In Astana

29 May 2014

In Astana today a historic document was signed between the countries of Russia, Belarus and Kazakhstan on the formation of the Eurasian Economic Union (EEU), as reported by ITAR-TASS.


The President of Kazakhstan, Nursultan Nazabayev, afterward suggested that the three countries synchronize the timing of the agreement's ratification.

It is expected that the document will be ratified by all parliaments, Nazabayev said. "I'm suggesting that the timing of this work within the three governments be synchronized so that the union can be fully operational by January 1, 2015."

President of Russia, Vladimir Putin, said that the country supports the integration of Armenia and Kyrgyzstan into the EEU.

"The attitude of our colleagues in both Armenia and Kyrgyzstan is very serious and pragmatic and are based on national interests, and in the efforts to reach supplied boarders of the governments of all our countries," Putin said.

According to the guidelines of the document, Russia, Kazakhstan and Belarus agree to undertake guaranteeing the free transfer of goods as well as implement coordinating policies in various industries, including agriculture.

In the past, Belarus has been a large provider of various types of vegetables on the Russian market, and exporters in Kazakhstan annually increase the volume of fruit, vegetables and dried fruit shipped to Russia.

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