December 10, 2010
Chairman of the Board of the Eurasian Business Council, METROPOL Group of Companies CEO Mikhail Slipenchuk attended the 29th session of the EurAsEC Interstate Council at the level of Heads of State
The 29th session of the Eurasian Economic Community (EurAsEC)
Interstate Council – the Supreme Body of the Customs Union – was
held on December 9 in Moscow at the level of Heads of State.
The event was attended by Russian President Dmitry Medvedev,
President of the Republic of Belarus Alexander Lukashenko,
President of the Republic of Kazakhstan Nursultan Nazarbayev,
President of the Kyrgyz Republic Roza Otumbaeva, President of
Tajikistan Emomali Rakhmonov, and by heads of states with observer
status in EurAsEC.
The Eurasian Business Council was represented by Chairman of the
Coordinating Council O.N. Soskovets and Chairman of the Board M.V.
Presidents of the Russian Federation, Belarus and Kazakhstan
discussed the implementation of an Action Plan for creation of the
Common Economic Space, adopted December 19, 2009.
The main outcome of the meeting was adoption of the Declaration on
establishment of the Common Economic Space (CES) and a package of
international agreements formalizing the CES including agreements
on coordinated macroeconomic policy, on creation of conditions at
financial markets necessary to ensure free movement of capital, on
aligned principles of currency policy, etc. In total, 17 documents
were signed. The signed documents will enter into force on January
Following the signing of the Declaration, heads of the Customs
Union member states expressed their support of the idea of creation
of the Eurasian Economic Space which will start functioning on
January 1, 2011. The state leaders confirmed that the Eurasian
Economic Space will be open for other countries to join.
The historic decisions made at the meeting will launch a new
phase of integration in Eurasia ensuring free movement of goods,
services, capital and labor, as well as coordinated macroeconomic
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