What Is the Eurasian Economic Union?

Contents

2 Introduction by the Chairman of the EEC Board

4 History of Eurasian Integration

12 Milestones

14 Statistics

28 From the Customs Union to the Eurasian One

40 Institutions of the Eurasian Economic Integration

42 Governing Bodies of the Eurasian Economic Union

46 Contractual and Legal Framework of the Eurasian Economic Integration. 1 Key Documents

48 Areas of Activity of the Eurasian Economic Commission

68 EEC Interaction with the EAEU Countries’ Business Community

74 EEC Interaction with the EAEU Countries’ Expert Community

76 International Cooperation

86 Forms of International Cooperation

88 Single and Common EAEU Markets

94 Contacts of the Eurasian Economic Commission EEC | Facts and Figures 2018 Introduction by the Chairman of the EEC Board

I’d like to mark the critical events in the Eurasian In general, in 2017, the mutual trade volume in goods Introduction by Economic Union’s activities in the years 2017–2018 increased by 27.3% within the EAEU, and by 22.5% — and the result of collaboration by national public in January to June 2018. Cooperated supplies of authorities, the EAEU integration structures (the industrial products between the Member States were the Chairman of Commission, the EEC Council, the Intergovernmental boosted by more than one third by the end of 2017. and the Supreme Councils) and the business Passenger and cargo operations have been steadily community, in particular, the growth of integration growing. the EEC Board figures. Fourth. By August 2018, more than 50% of products First. The EAEU has started its digital transformation. circulating within the Union have already been The Presidents of the Union countries approved covered by common quality requirements: 46 the Main Directions for the Implementation of the technical regulations were adopted, and 39 of those Dear Friends! Digital Agenda until 2025. We are faced with the have entered into force. The number of standards in tasks of establishing Eurasian digital ecosystems and the lists enclosed to the EAEU technical regulations We present the Facts and Figures booklet detailing the key results of the EAEU partnerships at global, regional and branch levels. has exceeded 11,000. activities in the past 18 months and current issues on the integration agenda. We strive towards joint entry to the international stage, participation in establishing global standards Fifth. The Union has made noticeable progress in Since 2017, the Eurasian Economic Union has been on the path of sustainable and rules for digital market regulation. The Union’s establishing mutually beneficial relations with Digital Agenda is implemented in two formats: as its trade partners. The results of the free trade growth: primary economic indicators have shown positive dynamics, crucial a coordinated policy in a number of areas and joint area between the EAEU and Vietnam have been decisions have been taken in every aspect of Eurasian integration. digital projects. The Commission launched a digital summarized for the first time. In May 2018, the project office that has already received more than Agreement on Trade and Economic Cooperation was 25 initiatives from businesses and authorities of signed with China and the Interim Agreement to the Member States. The projects are based on the establish a free trade area was concluded with Iran. 6 top-priority areas approved by the EAEU Heads The EAEU and the CIS are actively cooperating. The of States: digital trade, digital transport corridors, Republic of Moldova gained the Union’s observer digital industrial cooperation, goods traceability, status in 2018. The routes of the dialogue designated We are faced with the tasks development of data turnover, and establishment of by Presidents of the Member States are being a regulatory sandboxes system in the Union. developed in order to create the FTA: Israel, Singapore, of establishing Eurasian Serbia, India and Egypt. In 2017–2018, the goods digital ecosystems and Second. The EAEU Customs Code was introduced on turnover with a group of countries that signed or now January 1, 2018. The document was developed based negotiating trade agreements has increased by more 2 partnerships at global, on the best practices of customs administration; it is than 25%. Thus, in 2017, as compared to 2016, the 3 regional and branch levels. focused on e-technologies and creating the “customs goods trade volume of the EAEU with China increased of tomorrow.” We need 2–3 more years to have all by 30.7%, with Vietnam — by 36.7%. In general, the We strive towards joint entry cutting-edge novel legislation actually work locally, EAEU foreign trade volume in 2017 has grown by to the international stage, but the declaration register period has already 24.5%. participation in establishing reduced by half, while the time required to release goods has decreased six-fold. I assume that there we are in for an even greater global standards and rules success. In 2019, the Treaty on the Union envisages for digital market regulation. Third. We have been consistently eliminating barriers the launch of the common electric power market — in the Union’s internal market to establish the its conceptual architecture design has already been Common Economic Space enabling free movement approved. Furthermore, common oil, petroleum of goods, services, capital and labor. Tackling barriers products, gas markets, financial market and goes along with working on the elimination of transportation services market are to be launched exceptions and restrictions based on the road map for by 2025. We are striving to promote the development 2018–2019. of common labor market. The work under the Agreement on Pension Benefits is currently in As of August 2018, 24 obstacles have been overcome progress. Common rules of the Union’s functioning since 2017: 15 barriers, 7 restrictions and 2 exceptions. are already being developed with due consideration Timely measures that helped prevent new obstacles of the projects that are important for the future enabled businesses of the EAEU countries to avoid integration and the Union countries. This involves additional financial and transaction costs of about Eurasian brands, Eurasian digital trade platforms, new USD 70 mln. financial technologies, and digitization of transport sector. Tigran Sargsyan EEC | Facts and Figures 2018 History of Eurasian Integration

Agreement on the Establishment of the Common History of Eurasian Economic Space Integration: 2010

The Customs Union of the Republic of Belarus, 1994–2018 the Republic of Kazakhstan and the Russian Federation launched in January 2010, the Common Customs Tariff and the Common Commodity Nomenclature of Foreign Economic 1994 1998 Activity were launched, in July 2010 — the CU Customs Code entered into force, and a year later — in July 2011, the Union became fully A new page was turned over in the modern history In 1998, the Republic of Tajikistan acceded to the functional: the customs territories of the “troyka” of Eurasian integration. Each page of this “book” is agreement. The leaders of these countries created merged into a common customs territory, and a significant and valuable in its own unique way, and a new integration structure in 2000 — the Eurasian common legal environment was introduced in cannot be torn out without prejudicing its meaning, Economic Community (EurAsEC) — with the intent the technical regulation sphere. and its content is ever-expanding. The preface to this of closer cooperation by harmonizing regulatory great book dates back to 1994, when the leader of framework and coordinating the economic the Republic of Kazakhstan, Nursultan Nazarbayev, restructuring processes. 2011 proposed a truly working union of the States built 2006 upon economic interrelations within the Eurasian space. 2003 On November 18, 2011, the Presidents In 2006, the Republic of Belarus, the Republic of Aleksander Lukashenko, Nursultan Nazarbayev Kazakhstan and the Russian Federation were again and Dmitry Medvedev signed the Declaration on 1995 Since 2003, formation of legal framework of the leaders in establishing of the Customs Union and Eurasian Economic Integration. After emphasizing Common Economic Space (CES) has gained pace. the Common Economic Space. The Presidents of the Customs Union’s success in this document, The process was joined by the Ukraine. However, its these countries adopted the relevant joint decision the Heads of the Republic of Belarus, the Republic In early 1995, the Republic of Kazakhstan, the involvement in the Eurasian integration processes at the Sochi summit. At the same time, they reached of Kazakhstan and the Russian Federation Republic of Belarus and the Russian Federation soon began to wither. an arrangement that the Kyrgyz Republic and the expressed their conviction that subsequent signed the Agreement on the Customs Union (CU) Republic of Tajikistan would accede to the decision as deepening of integration built upon close 4 aimed at eliminating the obstacles for free economic soon as their economies permit it. economic and spiritual ties between the three 5 interaction between economic entities of the nations met their respective national interests. parties to ensure free commodity exchange and fair competition. The Customs Union of the 1990’s Treaty on Deepening the Integration in Economic and 2007 never got rolling for several reasons. Still, the lessons Humanitarian Areas Treaty on the Creation of Common learned proved critical for subsequent elaboration Customs Territory and Establishment of the of an efficient strategy and gradual integration of Already within a year, in October 2007, the Treaty Customs Union the neighboring States that were best prepared for on the Creation of Common Customs Territory integration. and Establishment of the Customs Union was signed. The participating countries succeeded in determining their joint development in a historically short 1996 period. Subsequent acceleration of the integration processes was largely affected by the global In 1996, the Heads of the “troyka,” in financial and economic crisis of conjunction with the Head of the Kyrgyz 2008. It made the States seek for Republic, signed the Treaty on Deepening the new cooperation formats for Integration in Economic and Humanitarian sustainable economic growth Areas. Close economic and cultural contacts, and new methods of economic shared historical past were reflected in risks mitigation, it promoted the document. However, the agreement approximation of economic provisions were a projection into the strategies. The result was a future — the Republic of Belarus, the stepped-up launch of the Republic of Kazakhstan and the Russian Customs Union. Federation declared intrinsic prospects of common economic development. EEC | Facts and Figures 2018 History of Eurasian Integration

In particular, it bolstered the wellbeing and Commencement of On September 3, 2013, the Armenian standard of living of the people, and enhanced the Common Economic Space’s functioning President announced his country’s 2014 national competitiveness in the global intention to enter the CU and the CES economy. The Declaration announced the next and to develop the integration by milestone of integration construction — the participating in the establishment of On May 29, 2014, in Astana, the Presidents Common Economic Space. The Declaration the Eurasian Economic Union. Aleksander Lukashenko, Nursultan Nazarbayev also stipulated that, by January 1, 2015, the and Vladimir Putin, at the meeting of the Supreme parties should aspire to have completed At the meeting of the Supreme Eurasian Economic Council, signed the Treaty on codifying international treaties serving as the Eurasian Economic Council the Establishment of the Eurasian Economic Union. legal framework of the Customs Union and the on October 24, 2013 in According to a number of politicians and experts, Common Economic Space and to establish the Minsk, the Presidents of this project was most ambitious and, at the same Eurasian Economic Union on this basis. the participating countries time, truly workable, as it relied on the anticipated considered the address of economic advantages and mutual benefits. Ample the Republic of Armenia opportunities were opened for the business and commissioned the community of the participating countries. The 2012 EEC to start the work on Treaty raised a curtain for the formation of new accession. A specially fast-growing markets with shared standards and created working group has requirements to goods, services, capitals, and labor. By January 1, 2012, the legal framework of developed an appropriate the Common Economic Space — a market of road map. On October 10, 2014, the Treaty on the Accession 170 mln consumers, free movement of goods, of the Republic of Armenia to the EAEU was signed services, capital and labor had been formed. The On December 24, 2013, in Minsk. The document was adopted at the CES was based on coordinated actions in the key the road map for accession of meeting of the Supreme Eurasian Economic Council economic regulation areas: macroeconomics, the Republic of Armenia to the attended by the Heads of States. On the same day competition, industrial and agricultural CU and the CES was approved the Presidents Aleksander Lukashenko, Nursultan subsidies, transport, energy industry, natural at the level of the Heads of States, Nazarbayev and Vladimir Putin approved the road monopoly tariffs, and technical regulation. The at the meeting of the Supreme map for accession of the Kyrgyz Republic to the CES’ benefit for the population and the business Eurasian Economic Council. The Common Economic Space. community was obvious. Entrepreneurs Presidents of the Customs Union’s obtained equal access to the common market three countries and Armenia adopted the On December 23, 2014, in Moscow, the President of the three countries, were free to choose Declaration “On Participation of the Republic of Kyrgyzstan signed the Treaty on the Accession of places for registration and principal place of of Armenia in the Eurasian Integration Process” the Kyrgyz Republic to the EAEU at the meeting of 6 business, They also could sell goods without supporting the country’s intention to accede to the Supreme Eurasian Economic Council. 7 excessive restrictions in any participating the CU and the CES and to subsequently become a full country, and were also allowed to use transport 2013 member of the Eurasian Economic Union. May 29, 2014 infrastructure, etc. The creation and step- Treaty on the EAEU by-step refinement of the common market became an important step by the CU and the The year of 2013 became one of the landmarks CES participating countries in transition from a in the improvement and development of Eurasian 2012–2014 resource-based to an innovative economy. integration processes. In particular, the work was in progress on accession of the Kyrgyz Republic to On February 2, 2012, the Eurasian Economic the Eurasian integration project, initiated by the In 2012–2014, the Eurasian Economic Commission (EEC) began its work. For the EurAsEC Inter-State Council’s decision that was Commission and authorities of the Republic first time in the twenty years of the Eurasian adopted as early as 2011. of Belarus, the Republic of Kazakhstan integration history, a permanent supranational and the Russian Federation, under the regulatory body was established and vested In May 2013, the Memorandum on Deepening instructions of their Presidents, were with actual authority in a number of key Cooperation between the Eurasian Economic developing the Treaty on the Eurasian economic spheres. The EEC ensures operation Commission and the Kyrgyz Republic was signed. Economic Union. It codified a great part and development of the Customs Union and The purpose of the memorandum is to support of international treaties constituting the Common Economic Space and works of and develop cooperation based on mutual respect, the regulatory and legal framework of proposals for further integration development. ensure a more intensive interaction of the Kyrgyz the Customs Union and the Common The work on codifying contractual and legal Republic with the CU and the CES States in various Economic Space. Finalizing the Draft framework of the CU and the CES and preparing economic spheres. Treaty took five rounds of negotiations a Draft Treaty on the Eurasian Economic Union and was assisted more than 700 experts (EAEU) has begun. On May 29, 2013, the Presidents of the three from the participating countries and the countries approved the Concept of Agreed EEC. The final document containing more (Coordinated) Agricultural Policy of the CU and the than 1,000 pages comprises 4 parts (it includes CES States. 28 Sections, 118 Articles) and 33 Annexes. EEC | Facts and Figures 2018 History of Eurasian Integration

On August 12, 2015, after implementing the roadmap In March 2015, the first out of thirty-five documents and completing the ratification procedures, the 2015 necessary for functioning of common markets for Kyrgyz Republic became a full-fledged member of medicinal products and medical devices within the the Union. Union were submitted. In October 2015, they were The Eurasian Economic Union commenced its supplemented with the remaining ones to be adopted In October 2015, at the meeting functioning since January 1, 2015. The Republic of by the EAEU countries and the Commission. of the Supreme Eurasian Economic Belarus became the first chairman of the association’s Council, the Presidents of the five supreme governing bodies — the Supreme Eurasian On May 29, 2015, the EAEU countries and the Union countries approved the Economic Council, at the level of Heads of States, the Socialist Republic of Vietnam signed the Agreement Main Directions of EAEU Economic Eurasian Intergovernmental Council, at the level of on the Formation of a Free Trade Area. The document Development; this document Heads of governments, and the EEC Council, at the reducing customs rates for 90% of goods to zero will determined the prospective areas level of Vice Prime Ministers. help increase the goods turnover between the Union of the Union’s social and economic States and Vietnam more than twofold by 2020. The development until 2030. This was At the same time, the single services market was agreement pioneered deeper integration of the EAEU a crucial document identifying launched on January 1, 2015 in a number of sectors with Asia-Pacific countries. further coordination of the national determined by the EAEU States. The total number of policies and the ways to improve service sectors within the common market amounted In May 2015, the Presidents of the Eurasian Economic competitiveness of the Union States’ to 43. It was almost 50% of the total volume of services Union States adopted a decision on commencing economies. The effect of the EAEU provided in the Union States in monetary terms. negotiations with China on concluding the Agreement membership is estimated as additional Activities for expanding such sectors were continued. on Trade and Economic Cooperation. To efficiently GDP growth up to 13% for the Member manage this activity, the Heads of States adopted an States by 2030. Since January 2, 2015, after completion of the instruction, in October 2015, on coordination of the ratification procedures, the Republic of Armenia Union countries for integration of the Eurasian Economic Supreme Eurasian Economic Council became a full member of the Eurasian Economic Union and the Silk Road Economic Belt. The official 2016 Union. negotiations commenced in the first half of 2016.

On February 1, 2016, the new Board of the Eurasian On February 1, 2016 new members of the EEC Board Economic Commission chaired by the representative chaired by Tigran Sargsyan commenced their work of the Republic of Armenia Tigran Sargsyan was introduced. The majority of the Board members had 2017 held their positions in the previous four-year term of service in the EEC, which ensured a high level of 8 succession in the Commission. The decision to appoint In May 2017, the EAEU saw the introduction 9 the former Prime Minister of the Republic of Armenia, of the rules for common medicinal products Tigran Sargsyan as Head of the EEC Board was adopted and medical devices markets. Emergence of by the Presidents of the five countries of the Eurasian such markets will ensure availability of more Economic Union (EAEU) in October 2015, at the meeting effective and high-quality drugs and medical of the Supreme Eurasian Economic Council. devices for the Union’s citizens and create a stronger competitiveness of pharmaceutical and Considering the four-year experience in the medicinal products of the EAEU States in the Commission as well as regulation spheres referred global market. to the EEC’s competence, both currently and in the mid-term, the Heads of the EAEU States changed the In March 2017, the White Paper was published, a number of the Board members. The Union Member manifesto that determined the top priority areas States are now represented by ten Members of the of the Eurasian Economic Commission’s work Board (Ministers) including the Chairman — two on identifying and eliminating obstacles in the Ministers per country. Union’s internal market.

In October 2016, the Agreement on the Free Trade Area On April 11, 2017, the Presidents of the Union between the EAEU and Vietnam entered into force. States signed the Treaty on the Customs Code of the Eurasian Economic Union. The agreement mainly pursues mutual abolition of trade duties. In April 2017, plans for services liberalization entered into force, whereby another 20 services In December 2016, the Heads of States signed the sectors are to join the single market format before Declaration on the Union’s Digital Agenda, which laid 2021, including highly dangerous construction the foundation for the integration development in the works, tourism, assessment, mine surveying, and digital sphere. scientific research. EEC | Facts and Figures 2018 History of Eurasian Integration

In May 2017, the Heads of the EAEU States’ In May, the Agreement on Trade and Economic governments signed the Agreement on Cooperation between the EAEU and the People’s Voluntary Harmonization of Specific Subsidies Republic of China was also signed. for Industrial Goods. Pursuant to this document, the Union States are granted the The agreement sets a high standard of regulation right to voluntary agreement of specific in various spheres including protection and subsidies with the EEC. In this case, the preservation of intellectual property rights. It is party applying to the Commission is insured non-preferential and does not provide abolition against the risk of subsequent imposition of of any export duties. In contrast to the global compensatory measures from any Member crisis phenomena, the consistent and successful State for the subsidy agreed with the EEC. transformation of the Eurasian space is based The agreement entered into force on on market-driven economy. Still, it preserves April 17, 2018. political independence and established cultural identity of sovereign states. The Eurasian In October 2017, the Presidents of the EAEU Integration book gets bigger and bigger with the States approved the Main Directions for the new chapters. Implementation of the Digital Agenda of the Eurasian Economic Union until 2025.

In November 2017, the Pharmacopoeia of the Eurasian Economic Union was included into the Register of International Pharmacopeias of the World Health Organization.

On May 17, 2018 the Interim Agreement leading to the formation of a free trade area was signed between the Eurasian Economic Union 2018 and the Islamic Republic of Iran

On January 1, 2018, the Customs Code of the Eurasian Economic Union was introduced.

10 The new Customs Code is an up-to-date customs 11 regulation instrument that meets the present-day challenges and introduces a better optimization of foreign economic activity regulation, It also secures the balance of interests between public authorities and business community. bodies without the right to participate in decision-making and to obtain the documents In May 2018, after implementing 9 liberalization adopted by the Union’s governing bodies, save plans, the SEEC resolved on amendments to the for confidential information. The state with the list of service sectors (subsectors) being part of the observer status shall restrain from any actions common service market operating within the Union. that may prejudice the interests of the EAEU and Nine sectors were added to the existing 43, with the the participating countries. 3 of them to become fully functional in the common market environment as early as January 2020. It is In May 2018, the Interim Agreement leading to about 55% by value of the total services volume the formation of a free trade area was signed provided in the Union States. Intensive efforts are between the Eurasian Economic Union and being taken to expand such sectors, in particular, by the Islamic Republic of Iran during Astana On May 17, 2018 the Agreement on Trade and Economic implementing liberalization plans to enhance the Economic Forum. The document implies two Cooperation between the EAEU and the People’s Republic of Eurasian integration project. stages of the free trade area formation. The China was signed full-fledged FTA agreement between the EAEU The Presidents of the EAEU States adopted and Iran is expected to be signed within three a decision on granting the EAEU Observer years. It will cover almost the entire commodity State status to the Republic of Moldova at the nomenclature. same meeting. Such status will vest the state’s representatives with the following powers: to be In the years to come, the goods turnover may invited to the meetings of the EAEU’s governing increase by half (150%). EEC | Facts and Figures 2018 Milestones Milestones Jan 1, 2012 Commencement of the Entry into force of the Treaty on the Eurasian Economic Common Economic Space’s Treaty on the Customs Commission functioning Code of the Eurasian 2012 Economic Union Jan 2, 2012 The lecture by the Declaration on the Eurasian Commencement of President of Kazakhstan, Economic Integration the Eurasian Economic Commission’s work Signing of the Agreement Nursultan Nazarbayev, 1994 in Lomonosov Moscow 2011 on Trade and Economic State University May 29, 2014 Cooperation between the Decision of the Supreme Signing of the Treaty on the EAEU and the PRC Eurasian Economic Eurasian Economic Union Council on introduction of international treaties forming the Common 2018 Economic Space Memorandum on Deepening Signing of the Interim Agreement on the Cooperation between Agreement leading to the Customs Union the Eurasian Economic formation of a free trade Commission and Kyrgyzstan area between the EAEU and Iran 1995 Agreement on the Customs Union Establishment of 2011– 2010 the Customs Union Work of the EEC and authorities Obtaining the EAEU 2014 of Belarus, Kazakhstan and Russia Observer State status by on preparing the Treaty on the the Republic of Moldova EAEU

Treaty on Deepening the 12 Integration in Economic The Heads of the three Customs 13 1996 and Humanitarian Areas Treaty on the Customs Union States and Armenia Code of the Customs Union accepted the Declaration “On Signing and ratification of the 2009 Participation of the Republic Treaty on the Customs Code of of Armenia in the Eurasian the EAEU Integration Process”

Treaty on the Commission of 2017 Treaty on the Customs the Customs Union Jan 1, 2015 White Paper on barriers, Union and the Common exceptions and restrictions Economic Space Entry into force of the 1999 Treaty on the Eurasian

2007 Treaty on the Creation of Economic Union. Common Customs Territory and Single codified document Establishment of the Customs Union Declaration of the EAEU Jan 2, 2015 countries’ Presidents “On 2015 Accession of Armenia to the Digital Agenda of the the Eurasian Economic Eurasian Economic Union” Union Treaty on the Establishment of the Agreement on the Eurasian Economic Formation of the Community (EurAsEC) 2000 2003– Common Economic Aug 12, 2015 2016 Entry into force of the Space Accession of Kyrgyzstan to 2006 Agreement on the Free the Eurasian Economic Union Trade Area between the EAEU and Vietnam EEC | Facts and Figures 2018 Statistics

Statistics Average monthly nominal wages in the EAEU Member States, USD1 Gross domestic product

2017 2016 2010 2017 January–June 2018

100.2 3 3 Armenia 5,569 11,537 107.5 Armenia2 275 404 349

Belarus 105 54,413 102.4 97.5 Belarus 407 426 458

Kazakhstan 53,101 162,887 104.1 101.1 Kazakhstan 527 463 481

14 15 Kyrgyzstan 521 7,564 104.6 104.3 Kyrgyzstan 156 228 229

3 3 Russia 92,037 1,577,871 101.5 99.8 Russia 690 671 718

1 The indicator is calculated using the exchange rates of national (central) banks of the EAEU Member States for the period: in Belarus — at 1,814,272 101.8 99.9 the average weighted exchange rate of Belarusian ruble to US dollar, in Armenia, Kazakhstan, Kyrgyzstan and Russia — at average exchange EAEU rates of national currencies to US dollar. 2 Since 2013, remuneration of labor and other similar payments include payments of the employer for compulsory social insurance as well as wages of military personnel. Since 2018, the data comprise small and micro-organizations (with the headcount of one or more employees). 3 Preliminary data.

bln units of national USD mln2 % compared to 2016 % compared to 2015 currency (in current (in fixed prices) (in fixed prices) prices)1

1 Armenia — Armenian dram; Belarus — Belarusian ruble; Kazakhstan — Tenge; Kyrgyzstan — Som; Russia — Russian ruble. 2 The indicator is calculated using the exchange rates of national (central) banks for the period: in Belarus — at the average weighted exchange rate of Belarusian ruble to US dollar, in Armenia, Kazakhstan, Kyrgyzstan, and Russia — at average exchange rates of national currencies to US dollar. EEC | Facts and Figures 2018 Statistics

Mutual trade between the EAEU States1 for January–June 2018, 29,045.3 USD mln 113.7 100

Armenia Belarus Kazakhstan Kyrgyzstan Russia EAEU

Armenia 22.0 7.7 2.7 0.4 924.5 290.3 Armenia 139.4 104.8 122.1 128.5 times

0.08 0.02 0.00 3.18 1.00

Belarus 22.0 424.4 54.7 17,512.0 6,854.7 Belarus 139.4 140.1 99.5 115.1 106.6

0.08 1.46 0.19 60.29 23.6 16 17

Kazakhstan 7.7 2.7 424.4 404.9 8,805.3 2,839.8 Kazakhstan 140.1 112.5 109.1 111.3 times

0.02 1.46 1.39 30.32 9.8

Kyrgyzstan 0.4 54.7 404.9 889.4 311.0 Kyrgyzstan 104.8 99.5 112.5 115.6 119.0

0.00 0.19 1.39 3.07 1.1

Russia 924.5 17,512.0 8,805.3 889.4 18,749.5 Russia 122.1 115.1 109.1 115.6 116.7

3.18 60.29 30.32 3.07 64.5

1 Amount of total worth of export transactions of the EAEU Member States. % compared to January–June 2017 Share, % EEC | Facts and Figures 2018 Statistics

Structure of mutual trade between the EAEU Chemical industry products States by consolidated commodity groups, 115.9 Other goods USD mln 772.8 127.3 54,697.9 2.7 Textile, textile goods and shoes 100 119.3 Wood and pulp-and-paper goods 1,078.0 3.7

% compared to January–June 2017 97.6 129.8 Share, % 1,723.8 6.0 27.5 15,042.2 109.9 3,432.5 11.8

3,977.2 119.0 13.7 Total

131.9 102.9 18.6 10,147.5 4,130.9 14.2

18 80 mm 2017 19

116.6 January–June 15.2 8,300.3 80 mm 2018 5,328.0 119.4 18.3 Total

148.1 13.2 7,230.2

% compared to 2016 124.3 12.1 6,644.5 118.5 Share, % 8,602.1 29.6 112.4 Mineral products 7.0 3,876.8 Machinery, equipment and vehicles 117.3 Food products and agricultural stock 3.7 1,997.6 113.7 Metals and metal products 122.8 29,045.3 100 2.7 1,458.8 EEC | Facts and Figures 2018 Statistics

Results of foreign commodity trade by Armenia Belarus Kazakhstan Kyrgyzstan Russia The EAEU Turnover Turnover Turnover Turnover Turnover Turnover the EAEU States with other countries, Exports Exports Exports Exports Exports Exports USD mln Imports Imports Imports Imports Imports Imports

117.4 386,950.2 125.5 874.9 139,679.1 141.5 –750.7 247,271.1 123.0 1,625.6

325,199.9 124.7 9,493.4 130.8 114,950.0 1,861.8 210,249.9 124.5 7,631.6 115.5 EAEU

1,222.8 108.6 January–June 25,861.3 125.4 80 mm –1,408.3 80 mm 16,884.0 20 2,631.1 110.8 2017 2018 8,977.3 111.9 21 EAEU

43,240.7 131.8 500.9 94.7 26,159.2 –1,131.8 17,081.5 110.1 1,623.7 138.1

15,620.1 128.5 195,523.7 127.5 1,094.4 14,525.7 118.7 106,830.2 114.3 88,693.5

119.2 1,666.7 Exports, % compared to 2016 Exports, % compared to January–June 2017 232,254.2 127.2 128.6 –1,116.2 105,556.8 2,782.9 114.7 Imports, % compared to 2016 Imports, % compared to January–June 2017 126,697.4

Balance as of 2017 Balance as of January–June 2018 EEC | Facts and Figures 2018 Statistics

Geographical breakdown of Foreign trade export and import commodity foreign trade structure, %

The main customer of goods 5% of exported goods were sold China (23.1%), the United States In January–June 2018, the exported by the EAEU Member to the CIS states including 2.9% — (6%), Japan (3.6%) and South prevailing goods in the export 67.2 Exports States in January–June 2018 is the to Ukraine. Export deliveries to Korea (2.8%). The most important commodity structure of the EAEU European Union (52.4% of total Turkey amounted to 5.1% of the countries of the European Union Member States to third countries Imports exports). The most significant total export volume of the EAEU in terms of import are Germany include mineral products (67.2% goods volume among the EU Member States. (11.4%), Italy (4.6%), and France of the total export volume of the 43.7 countries was imported to the (4.5%). EAEU Member States to third Netherlands (10.9%), Germany Foreign purchases are focused in countries), metals and metal (7.6%), Italy (5.7%), Poland (3.9%). APEC countries (42.2% of the total The CIS countries supplied 4.5% of products (10.4%), chemical industry 25.1% of the exported goods were goods imported) and the European the imported goods including 2.9% products (5.7%). About 80% of sold to the APEC countries including Union (40.5%). by the Ukraine. these goods are sold by the Russian 18.8 12.5% — to China, 3.6% — Federation at foreign markets. to South Korea, 2.8% — to Japan, The largest volumes among The share of Turkey in total imports The largest share of imports is 10.4 12.3 2.4% — to the United States. the APEC countries account for of the EAEU Member States is 2.4%. machinery, equipment and vehicles 5.7 (43.7% of total imports), chemical 25.1% 52.4% 5% industry products (18.8%), 42.2% 40.5% 4.5% and food products and agricultural stock (12.3%). More than 80% of such goods outside the EAEU are purchased by the Russian Mineral Metals Chemical Food products Machinery, products Federation. and metal industry and agricultural equipment products products stock and vehicles APEC EU CIS

Ukraine

22 2.9 23 2.9 Germany

7.6 11.4

the Netherlands

the USA 10.9

2.4 South Korea 6.0 2.6 3.6 APEC 2.8

EU 4.5 Poland China CIS France 12.5 Exports, % of the EAEU 23.1 5.7 Imports, % of the EAEU 4.6 2.8 5.1 3.6 Italy 2.4 Japan Turkey EEC | Facts and Figures 2018 Statistics

Statistics on foreign and mutual commodity trade of the EAEU Member States, USD bln

Exports to third countries

581.4 593.7 587.7 555.6 373.8 308.3 387.0 232.3

January– June 2011 2012 2013 2014 2015 2016 2017 2018

205.5 201.1 247.3 126.7 325.8 340.9 345.3 317.5

Imports from third countries January–June 2018 29.0 24 63.1 67.8 64.5 61.2 45.6 43.0 54.7 25 Volume of mutual trade in goods

Aggregate foreign Aggregate foreign Aggregate foreign Aggregate foreign Aggregate foreign Aggregate foreign Aggregate foreign Aggregate foreign commodity trade commodity trade trade volume in commodity trade commodity trade commodity trade commodity trade commodity trade volume volume of the Customs volume of the Customs goods of the Member volume of the Customs volume of the Eurasian volume of the Eurasian volume of the Eurasian of the Eurasian Economic Union and the Common Union and the Common States of the Customs Union and the Common Economic Union Economic Union Economic Union Union Member States with Economic Space Economic Space Union and the Economic Space Member States with Member States with Member States with third countries for Member States with Member States with Common Economic Member States with third countries was third countries was third countries equaled January–June 2018 third countries was third countries equaled Space with third third countries equaled USD 579.3 bln USD 509.4 bln to USD 634.3 bln equaled to USD 359 bln USD 907.2 bln to USD 934.6 bln countries equaled to USD 873.1 bln including exports — including exports — including exports — including exports — including exports — including exports — to USD 933.0 bln including exports — USD 373.8 bln, USD 308.3 bln, USD 387.0 bln, USD 232.3 bln, imports — USD 581.4 bln, USD 593.7 bln, including exports — USD 555.6 bln, imports — imports — imports — USD 126.7 bln. imports — imports — USD 587.7 bln, imports — USD 205.5 bln. USD 201.1 bln. USD 247.3 bln. As compared to January— USD 325.8 bln. USD 340.9 bln. imports — USD 317.5 bln. June 2017, the volume Volume of mutual Volume of mutual Volume of mutual USD 345.3 bln. of foreign trade turnover Volume of mutual Volume of mutual Volume of mutual commodity trade commodity trade commodity trade of increased by 22.5% trade in goods (total commodity trade of Volume of mutual commodity trade of the Eurasian of the Eurasian the Eurasian Economic (USD 66 bln), exports — worth of export the Customs Union and trade in goods of the of the Customs Union Economic Union Economic Union Union Member States by 27.2% (USD 49.7 bln), transactions of the the Common Economic Member States of and the Common Member States Member States was USD 54.7 bln. imports — by 14.7% Customs Union and the Space Member States the Customs Union Economic Space equaled to equaled to (USD 16.3 bln). Common Economic was USD 67.8 bln. and the Common Member States USD 45.6 bln. USD 43.0 bln. Space Member States in Economic Space equaled to Volume of mutual mutual trade) equaled equaled to USD 61.2 bln. commodity trade for to USD 63.1 bln. USD 64.5 bln January–June 2018 equaled to USD 29 bln or 113.7% as compared to January–June 2017. EEC | Facts and Figures 2018 Statistics

Key social and economic indicators of the EAEU Member States for 2017–2018

125.8 Gross domestic Agricultural products Volume of cargo product (in the farms of any traffic by all means January—June 2018 category) of transport % compared to January—June 2017 Industrial Fixed capital products 113.5 106.4 expenditures

112.4 112.1 105.2 105.0 106.2 107.8 103.2

108.3 103.5 105.8 103.0 103.7 104.1 104.5 105.2 101.6 102.3 103.3 104.0 103.7 101.7 100.1 102.2 102.4

94.0 101.6 101.93 26 27

Armenia1 Belarus Kazakhstan2 Kyrgyzstan2 Russia EAEU

97.1

102.2 101.2 101.8 102.4 102.4 102.9 102.3 101.5 102.5

104.1 107.5 104.6 104.1 102.1 102.6

105.1 106.6 105.0 102.4 102.6

112.6 105.2 111.5 104.4 104.6 105.8

136.9 106.1 107.1

January—December 2017 1 Agriculture and fishing. 2 Agriculture, forestry and fishing. % compared to January—December 2016 3 The EEC assessment. EEC | Facts and Figures 2018 From the Customs Union to the Eurasian One

businesses of the Union countries the CU. Tax authorities of the three levies of similar effect) within the From the Customs Union to were able to quickly track bad faith states established the practice of Customs Union was introduced. actions by foreign competitors electronic information exchange on and provide sound evidence to the withheld indirect tax amounts. In compliance with the agreement, the Eurasian One the Commission to conduct the the import customs duties paid relevant investigations. The Agreement on Establishing on the territory of a Member and Applying the Procedure for State were allocated among the An indirect tax procedure was Debiting and Distributing Import budgets of the Union States in line The Customs Union (CU) is a form of trade and economic integration of applied to mutual trade within Customs Duties (other duties and with the established standards. the parties ensuring a common customs territory without customs duties (or other duties, taxes and levies with a similar effect) or non-tariff regulation Since July 1, 2011, customs measures. Special protection, antidumping and compensations apply to control has been completely mutual trade transactions on such territory, with common customs tariff and Since January 1, 2017, import eliminated at inner boundaries between Belarus, Kazakhstan and common measures regulating foreign commodity trade with third countries. customs duties have been Russia. All types of control and allocated between the budgets formalities were transferred to the CU’s external boundaries. of the EAEU Member States in line The establishment of the common with the below standards, % customs territory was completed. The Customs Union secured free movement of It allowed for free movement of goods. Therefore, the key integration areas of its A third party is a State other goods and vehicles of the Customs participating countries — the Republic of Belarus, Union States and third countries the Republic of Kazakhstan and the Russian than the Union’s Member State, on the territory of any Member Federation — at this stage included customs an international organization Kyrgyzstan State after their release for cooperation, trade and technical regulation. domestic consumption. The main challenges of the States include the or an international integration Kazakhstan development of a common legal environment for association. the key areas and promoting harmonization of the Member States’ national regulations for the 1.900 remaining areas to take them from the national to 28 the supranational level. 29 By the end of 2011, By January 1, 2010, the essential legal conditions On July 6, 2010, the CU Customs Code entered into 7.055 the CU contractual had been created to make the association fully force. A common regulation system in this sphere Belarus functional. This was when the authority for was introduced in three countries. Regulatory and legal framework foreign trade regulation was assigned to the documents governing customs administration had been formed, Customs Union Commission. From this moment were adopted, including common rules for including more than on, in compliance with international treaties, the declaring goods, making customs payments and Commission’s powers apply to: common customs procedures. Common rules for 70 international determining the customs value and the country of Armenia treaties and ÐÐ changing the import customs duties rates; commodity origin began to apply. The information 4.560 ÐÐ keeping the Commodity Nomenclature of the and analytical support system of customs tariff and more than 900 Customs Union Foreign Trade Activity; non-tariff regulation was developed. It promoted CU Commission’s ÐÐ establishing tariff concessions and tariff quotas; a significant decrease in the number of documents Russia decisions by that ÐÐ determining the tariff preferences system; required for registering customs declarations. 1.220 ÐÐ introducing non-tariff regulation measures. Common CU-wide rules of commodity declaring stage. were enunciated.

Since July 2010, the Commission has been Keeping records of customs statistics of foreign and assigned powers to conduct investigations and mutual trade of the Member States was arranged at other procedures, in anticipation of special this integration stage. A common statistical portal protective, antidumping and compensatory for the ten marks of Commodity Nomenclature of measures for foreign commodities in the common Foreign Economic Activity (CN FEA) was created. customs territory of the Customs Union. It provided detailed information on the structure of export and import transactions. As a result, 85.265 EEC | Facts and Figures 2018 From the Customs Union to the Eurasian One

This stage included one of the apply directly in the territory policy — the Main Directions based on interaction with most important cooperation What is the Common Economic of the EAEU countries. These of Macroeconomic Policy of authorities of the CU and the areas of the Union States — decisions require no additional the Customs Union States and CES States, at this stage boosted technical regulation activities, Space? approval at the national level. the Common Economic Space agricultural products markets. sanitary, phytosanitary and for 2013–2014. The document This involved supporting a veterinary measures, protection The emerging CES inherited the was drawn up based on competitive environment in of consumers’ rights, in particular, CU’s prevailing activities in the analysis of social and economic manufacture and trade in development and adoption sphere of customs, trade and development of these countries, agricultural and food products, of technical regulations of technical regulation. At the same key external risks and internal use of agricultural resources the Customs Union and their time, it extended the interaction restrictions to ensure sustainable to increase the commodity inclusion into international of the Member States — the development of their economies. producers’ income, and standards. integration process actors — on the It set the key landmarks of availability of food supplies for The Common Economic Space (CES) issues of securing free movement macroeconomic policy of the consumers. This, in fact, is the key element is an integration milestone ensuring the of services, capital and labor. Member States for a short-term for establishing a common free movement of goods, services, capital period. The document is now The Eurasian Economic market with no technical and labor. A focus area, at the stage of Comprehensive work was updated annually. Commission, in a close barriers, with common goods establishing the Common Economic undertaken to identify and interaction with business safety requirements and a Space, was codification of international eliminate exceptions in the free Similar work was done in the representatives and expert unified standard base. Up-to- treaties establishing the CU and the CES trade regime, initiated by the sphere of industrial policy — in community of the Member date regulatory framework in to complete the integration processes in Eurasian Economic Commission May 2013, the Supreme Eurasian States, was working on the technical regulation boosts the near future. In particular, this included in 2013 under the instruction Economic Council, at the level development of business in the competitiveness of products drawing up and signing by the Member of Heads of the CU and the CES of Heads of Governments, Union countries, creation of a manufactured in the Union at States’ Presidents of Draft Treaty on the States. adopted the Decision “On Main fully functional internal financial the global market. The Eurasian Eurasian Economic Union. Directions of Coordinating services market in banking and Economic Commission that Consistent and comprehensive National Industrial Policies of the insurance spheres and at the started on February 2, 2012 efforts were taken in Republic of Belarus, the Republic securities market. was assigned all the necessary technical regulation, sanitary, of Kazakhstan and the Russian powers in the sphere of technical phytosanitary and veterinary Federation.” This document Efforts were taken to liberalize regulation, sanitary, phytosanitary spheres for developing and built up the concept of industrial the sphere of investments and and veterinary measures. By the adopting technical regulations policies within the CES. A list business activity. In order to end of 2012, 31 common technical and applying up-to-date of highest priority economy secure free movement of goods, regulations had been adopted inter-state standards. Work on sectors for industrial cooperation services, capital and labor, a 30 within the integration association. technical regulations governing within the CU and the CES was number of agreements in the 31 safety of the Union countries’ also drawn up. Key provisions of sphere of intellectual property products and related processes the decision were subsequently and labor migration was was in progress. More and more detailed and elaborated in the developed. The CES was forming gradually, of the Common Economic Space goods circulating within the CU Main Directions of Industrial Legal basis was by increasing the integration of Belarus, Kazakhstan and and the CES became safer and Cooperation approved by the At this integration stage, the established at level, synchronizing the Russia, whereby the countries’ better, and business got common Intergovernmental Council, which Commission was authorized, in transformations effected by leaders signed a set of relevant requirements to the products in set the strategy and principles for compliance with the decision of the Customs the Member States in their international treaties. One all the Member States’ markets. mid-term developing this sphere the Supreme Eurasian Economic Union stage to economy. The work also included year later, on January 1, 2012, within Eurasian integration. Council dated December 24, ensure successful joint actions to introduce a the decision of the Supreme Agreed (coordinated) policies in 2013, to control compliance coordinated economic policy, Eurasian Economic Council the most important economic To ensure development of with common competition development, unify the legislations in the introduced 17 basic international spheres were emerging: the economy and industrial rules at cross-border markets which enabled a spheres of economy, trade treaties establishing the macroeconomics, transport, production as well as best of the CU and the CES. These and other areas. The work was Common Economic Space. energy industry, foreign distribution of resources at rules were introduced after seamless transition based on generally recognized currency, migration as well commodity markets, common ratification of the Agreement to the next regulations and principles of In 2013, another agreement was as policies in such economic rules for industrial subsidies “On the Procedure for Protecting integration stage — international law as well the signed. spheres as financial markets and were approved. The Commission Confidential Information and the world’s best legislative practices. intellectual property. was vested with powers for Responsibility for its Disclosure the Common Moreover, in 2012, the Eurasian controlling the observance upon the Exercise by the Eurasian Economic Space. On December 19, 2010, the Economic Commission started The leaders of Belarus, thereof by the parties. Economic Commission of Powers decision of the CU supreme its work, being the first Kazakhstan and Russia approved to Supervise Compliance with governing body adopted the supranational regulatory body the first policy-related document Supranational coordination Common Competition Rules” in Action Plan for the Establishment within the CIS. Its decisions in the sphere of macroeconomic ensured by the Commission May 2015. EEC | Facts and Figures 2018 From the Customs Union to the Eurasian One

The work What is the Eurasian Economic undertaken for Union? January 1, 2015 establishing the Common was when a new stage in the development of Eurasian eco- Economic Space nomic integration started. The launch of a fully functional Eur- and aimed asian Economic Union is not only the de-facto documentation at extended of a deeper economic integration within the Eurasian space, as integration compared with the Customs Union and the Common Economic between the Space, but approval of the strategy for further integration de- parties to velopment. the Eurasian The Eurasian Economic Union economic project (EAEU) is an international set the scene organization of regional economic for the CU and integration, with the free The Union exercises international treaties of the measures in the mutual trade. the CES States movement of goods, services, international legal personality. Union countries, its registration The objective of Eurasian Formerly, the Customs Union with the UN Secretariat, the integration at this stage is to for establishing capital and labor within its boundaries. and the Common Economic provisions on accession to the complete establishment of a the Eurasian Space were functioning Treaty and withdrawal from the common goods, services, capital solely within the institutional same as well as the provisions and labor market. It shows Economic Union. structure of the Eurasian on the Union observers were deeper integration compared Economic Community introduced. to the Customs Union and the (EurAsEC). Thus, the Eurasian Common Economic Space. Economic Union emerges as The Treaty on the EAEU an essential element of the introduced a new internal Common market rules prohibit world’s economic architecture. procedure — assessment of the use of any restrictive Pursuant to the Treaty on the regulatory impact of draft measures against suppliers 32 EAEU, the Union is entitled to decisions of the Eurasian and service recipients from 33 carry out international activity Economic Commission that may the other countries of the within its competence to influence business activities. Union. Moreover, service address any of its challenges. This is a substantial decision for providers are now entitled The Treaty on the Eurasian During development of the Treaty In 2015, the Republic of Armenia The Union may collaborate transparency, balance and quality to tacit acknowledgement of Economic Union was signed on on the EAEU, codification of and the Kyrgyz Republic acceded with states, international of supranational regulation authorizations and professional May 29, 2014 at the meeting of the CU and the CES contractual to the Treaty on the Union. These organizations and integration as well as development of qualifications of employees the Supreme Eurasian Economic and legal framework was countries had been preparing associations and may, jointly institutional measures improving (education, professional Council in Astana and entered completed, including elimination since 2012. with the Member States, enter the business climate. experience, level of competence, into force on January 1, 2015. of discrepancies, optimization into international treaties etc.). Besides, services are The Treaty on the Union is the and actualization of current with the same on the issues The fundamental principle of the provided within the entire Union regulatory and legal framework regulations, bridging gaps and referred to its competence. Union is the “Four Freedoms” without any need of additional for the EAEU. This is a unified basic generating a common conceptual Regulations on the correlation principle documented waiving or repeated incorporation of document developed based on construct. The provisions were between the Treaty and other any internal market protection a legal entity. the world’s best practices. brought into compliance with the WTO rules and standards.

Compliance with market economy Respect for aspects The EAEU Sovereign equality Securing mutually principles and operation of the Union’s of political order of the of the Member States beneficial cooperation internal market free from exceptions and principles: association’s members restrictions EEC | Facts and Figures 2018 From the Customs Union to the Eurasian One

Macroeconomics and statistics Technical regulation

Efficient EAEU functioning is unthinkable without an agreed macroeconomic policy stipulating for The Treaty set the key provisions for arranging the common technical regulation within the EAEU. the development and implementation of joint actions by the Member States in order to achieve Thus, one of its key principles is establishing common and binding requirements to products and a balanced economy development. Pursuant to the Treaty on the EAEU, the key areas of the related processes (from design and production to disposal). Such requirements are set forth in the agreed macroeconomic policy include establishing the common principles for operation of the technical regulations of the Union. By July 2018, the list of technical regulations of the Eurasian Member States’ economies, enabling their efficient interaction, developing common principles and Economic Union had already comprised 46 documents, 39 of which had entered into force. The benchmarks to forecast social and economic development of the parties. number of standards in the lists to the EAEU technical regulations exceeded 11,000.

The Treaty enshrines the principles for generation and distribution of official statistics of the Union. The Treaty determined creation of common medicinal products and medical devices markets within It also implies vesting powers in the Commission, in particular, for the development and approval of the EAEU. The execution of documents required for their operation was completed in 2016. They official EAEU statistics generation methods based on official data of the Member States; as well as are based on a number of crucial principles, inter alia, harmonization and unification of national developing and approving with their authorities of the program for deeper integration in the sphere requirements, securing unified mandatory requirements to quality, efficiency and safety of drugs and of statistics. medical devices, adoption of common rules on their circulation etc.

The primary common markets mechanisms were launched in May 2017. It was a socially significant event to tackle excessive administrative barriers within the Union for free movement of high-quality and affordable medicinal products and medical devices. Integration

According to the Treaty, the Commission arranged for a continuous analysis of the Union’s integration processes, preparation of proposals and compiled initiatives submitted by the Member States. The Industry and agricultural sector main integration directions include international activity of the Union, interaction within memoranda and cooperation agreements, the EAEU’s expansion through accession of new states, etc. An arrangement coordinated by the EEC was reached to establish and implement a unified agricultural policy by the Member States for such main directions as agricultural sector forecasts, state support of agriculture, regulation of common agricultural market, common requirements in the sphere of goods manufacture and circulation, development of agricultural and food products export, scientific and innovative development of the agricultural sector and integrated information support of Energy industry agricultural sector. 34 One of the most essential and prospective mechanisms in this new stage of Eurasian integration is 35 industrial cooperation. It pursues the agreed policy within the Union to accelerate and to improve Leaders of the Union countries have agreed to pursue a coordinated policy in the field of energy economic development stability, increase the competitive ability of real sectors of the Member industry and establish common electric power, gas, oil and petroleum products markets. The States and their innovative activities. The Treaty allows for substantial development of the CU and coordinated energy policy will enable sustainable growth of national economies and energy security the CES contractual and legal framework that formerly governed only the issues of paying industrial of states, protecting interests of consumers and energy producers. It also increases economic subsidies. To promote and introduce innovations in the EAEU Member States and to distribute them efficiency and reliability of the energy sector, best use of primary energy resources and extension of throughout the Union, the Commission is working on Eurasian technological platforms, the Eurasian non-resource export potential. machine-tool engineering center and creates a common communications environment for the The Treaty on the EAEU stipulates that establishing common energy markets will be completed development and introduction of innovative solutions. in several steps. The international treaty on common electric power market of the Union is to be introduced on July 1, 2019 at the latest. Then its regulatory legal framework will be further developed, and then the market will become partly operational. The full-fledged activity of the common electric power market will synchronize with establishment of common gas, oil and petroleum products markets by 2025. Economy and financial policy

To ensure regulation and development of common financial market of the Union, a supranational body is to be established by 2025. Its powers and functions are to be determined by the Member States upon completing Transport the gradual harmonization of legislation.

For the taxes and levies sphere, the Union countries shall determine the targets for the tax policy harmonization The Treaty on the EAEU determines the top priorities and tasks of coordinated transport policy in and improving tax legislation. It shall also include the indirect tax collection mechanism associated with works, the EAEU Member States. It is focused on securing economic integration, consistent and gradual provision of services and approximating the rates for the most sensitive excisable goods. establishment of a common transport services market and common transport space to be based on competition, openness, safety, reliability, availability and environmental friendliness. The non-discrimination principle is at the core of the arrangements enabling to avoid unfair price competition in mutual trade of goods and services.

The Treaty on the Union envisages a common market in order to secure free movement of services in sectors mostly influencing the net cost, competitive ability and volumes of goods manufactured and sold on the internal market of the Union. EEC | Facts and Figures 2018 From the Customs Union to the Eurasian One

Labor migration Informatization

The Treaty takes the Union countries to a brand new level of cooperation in the field of labor To ensure IT support of the integration processes, all spheres affecting the operation of the Union are migration. In order to enhance their employment opportunities, citizens of the Member States developing and implementing measures to secure information interaction. This process is based on can work either under an employment or a civil law contract. Besides, no restrictions imposed by information and communication technologies and cross-border trust space, pursuant to the Treaty on legislation of the Member States to protect the national labor market shall apply. the EAEU.

The direct acceptance of education and qualification documents without any formalities is Integrating information systems of the Member States, implementing the approved policy in the IT guaranteed. sphere and digital economy, developing and implementing digital projects will ensure a multiplier economic effect in the nearest future. The Commission, jointly with the authorities of the EAEU States, is working on the Agreement on Pension Benefits for Working Population of the Member States. After it’s signed, citizens of the Union countries will be able to get pensions for the period of their employment from the Member State they worked in. When awarding and paying pensions, all pension rights acquired on the territories of the Union States shall be considered. Customs cooperation Another important thing is the regulation on granting a full set of social benefits to the working population and their families on the same terms and according to the same procedure as the citizens of the country of employment. The working population and their families are also entitled to free A unified customs regulation is carried out within the Union in compliance with the EAEU Customs Code emergency medical care (in situations of extreme gravity and urgency) on the same terms and and international treaties and deeds governing customs legal relations based on the EAEU legislation and according to the same procedure as the citizens of the country of employment. in compliance with the Treaty on the Union.

Trade

The Treaty on the Union determined that foreign trade policy is implemented through entry into international treaties with a third party, by the EAEU individually or in conjunction with the Member States. The instrument of prime importance is preferential and non-preferential trade agreements.

36 The Treaty on the EAEU included 37 no digital agenda. However, considering penetration of IT Competition and antitrust regulation technologies into various branches DIGITAL of economy, industry, into the operation of state government and The Member States agreed to pursue a common competitive (antitrust) policy in relation to business AGENDA authorities as well as everyday entities’ activities in the EAEU countries. The Treaty on the Union also stipulates that the competitive life of the citizens, it is obvious (antitrust) legislation shall be applied equally and pari passu notwithstanding the form of legal that new “digitalization” trends are entity’s incorporation and place of registration of such business entities. now formed for most processes and objects in social and business As for the sphere of public (municipal) procurement, the Treaty, while retaining the national environment. Economic relations provisions of contractual and legal framework of the CU and the CES, expressly determines that such associated with digital objects treatment is granted to the Member States. Meanwhile, the Union’s methods of procurement will compliment or substitute for the be extended — in particular, a request for proposals will be introduced enabling to choose the best traditional economy processes. proposal based both on the price criterion and on any other criteria, such as completion time and work quality (qualification of bidders).

In order to build up an efficient and competitive organization being a part of a new global economy development stage, sustainable development of interconnected economies of the Union and living Internal markets standards, the new challenges had to be met.

The importance of establishing the Union’s digital space, considering all opportunities and risks The Treaty stipulates for an internal Union’s market — an economic space enabling free movement of Digital Agenda, was recognized by the Presidents of the EAEU States. They signed the Declaration of goods, labor, services and capital. In this internal market, the Member States shall not apply on the EAEU Digital Agenda, thus launching this direction within the Eurasian integration. any import and export customs duties, non-tariff regulations, special protective, antidumping or compensatory measures in their commodity trade. At the same time, the Union is working to identify The Main Directions for the Implementation of the EAEU Digital Agenda until 2025 were approved and eliminate existing barriers, exceptions and restrictions interfering with the internal market in October 2017. operation. EEC | Facts and Figures 2018 From the Customs Union to the Eurasian One

EAEU Institutions The EAEU Customs Code

Besides the industry-related supranational government with content, the development of the the headquarters in Moscow The Treaty on the EAEU Customs Code was Treaty on the EAEU included the assigned by the national establishment of institutional authorities with a part of powers. signed on April 11, 2017 and entered into foundations of the Eurasian The Commission does not act force on January 1, 2018. Economic Union. to the benefit of any particular state, but unites and aligns The Treaty prescribes the the interests of all the Union structure of permanent countries, similar to the European governing bodies of the Union. Commission in Brussels. At the The system of its governing same time, the basic procedure bodies is based on a collective rule differs from the European decision-making. The main one — the EEC secures the governing body is the Supreme principle of equality of the In 2016, considerable work Eurasian Economic Council (SEEC) Member States notwithstanding was completed on the Draft with its members comprising economic strength, territory or EAEU Customs Code. It was the heads of the Member States. population. With regard to its undertaken by the Commission and The SEEC’s meetings are held at content and integration degree, public authorities along with the least once a year. The Supreme the Eurasian Economic Union business community of the Union Council determines the strategy, is the second example of an States. In compliance with the Treaty directions and prospects of economic union in the world, The CC of the EAEU is a on the Union, the association had forming and developing the after the European Union. common code of rules to introduce a common customs Union and adopts decisions regulation pursuant to the CC aimed to achieve its objectives. The judicial branch is represented and conditions of goods of the EAEU and international The Eurasian Intergovernmental by the Union’s Court. Before this movement across the treaties covering the customs Council (EIC) meets at least twice independent judicial body was regulation sphere. a year, at the level of Heads of established, the disputes within customs border of the 38 governments. Upon the EEC the Customs Union had been EAEU. It is an advanced 39 Council’s proposal, it deals with settled in the EurAsEC Court. document facilitating the issues on which the Council The objective of the EAEU Court failed to agree in its decision- is securing uniform application customs formalities and, making process. of international treaties by consequentially, improving the Member States in terms of The Eurasian Economic agreements concluded with third business climate. Commission acts as a parties and decisions adopted by permanent supranational the Union’s governing bodies. The regulatory body of the Eurasian EAEU Court is headquartered in Economic Union. It is a kind of Minsk.

NEW CUSTOMS CODE is focused on electronic document The Commission consists of the Council and circulation and use of up-to-date the Board. The Council includes one Vice software and hardware at all stages — from submission of declaration to Prime Minister from each party; decisions release of goods. This will enable are adopted by consensus. Each state in substantial resource savings of the the Board is represented by two members; business community, facilitate the customs formalities and minimize decisions are adopted by special majority interaction between the participants of or consensually. foreign economic activities and public servants. EEC | Facts and Figures 2018 Institutions of the Eurasian Economic Integration

THE EURASIAN ECONOMIC COMMISSION (EEC) IS A PERMANENT REGULATORY BODY Institutions OF THE EURASIAN ECONOMIC UNION. Established on of the Eurasian Economic February 2, 2012. Location Moscow (the Russian Federation). Integration The first supranational regulatory body in the history of the Eurasian economic integration process. Functioning by virtue of In the years 2012–2015, an efficient institutional foundation of the the Regulation on the Eurasian Economic Commission (Annex No. 1 to the Treaty on the EAEU). Eurasian economic integration was established: the Eurasian Economic The objectives of the Commission are Commission headquartered in Moscow, and the Court of the Eurasian securing the functioning and development of the Union; making proposals in the sphere of economic integration within the Union. Economic Union located in Minsk. A decision was adopted on establishing Main principles of the Commission: a financial regulator by 2025, to be situated in the Republic of Kazakhstan. ÐÐ ensuring mutual benefit, equal rights and respect for national interests of the Member States; ÐÐ economic feasibility of adopted decisions; ÐÐ openness, publicity and impartiality (Regulation on the Eurasian Economic Commission). THE COURT OF THE EURASIAN ECONOMIC UNION IS A PERMANENT JUDICIAL BODY OF THE EURASIAN The Russian ECONOMIC UNION. Federation Established on January 1, 2015. FINANCIAL REGULATOR OF THE EURASIAN ECONOMIC UNION Location The creation of the EAEU financial regulator is scheduled for 2025. Minsk (the Republic of Belarus). The financial regulator shall be located in the Republic of Kazakhstan. Functioning by virtue of 40 the Statute of the Court of the Eurasian Economic Union 41 (Annex No. 2 to the Treaty on the EAEU). The objective of the Court is securing uniform application by The Republic the Member States and the Union’s governing bodies of the of Belarus Treaty, international treaties within the Union, and international treaties of the Union with third parties and decisions of the Union’s governing bodies. The Republic of Kazakhstan The Court’s structure includes two judges from each Member State, each with the term of office of nine years. The Chairman of the Court and its deputy are elected out of the Court’s members by the Court’s judges in compliance with the Rules and The Eurasian Development integration processes within the then in 2010 — the Republic Coordination and Advisory approved by the Supreme Eurasian Economic Council. Bank (EADB), the Eurasian Eurasian space via investment of Belarus, and in 2011 — the Body of business circles The Chairman of the Court and its deputy shall not be citizens of Fund for Stabilization and activities. Kyrgyz Republic became full of the Union States. The the same Member State. Development (EAFSD) are members of the Bank. Council includes the The status, composition, competence, procedure and not included into the system The EADB was incorporated Union of Industrialists and establishment rules of the Union’s Court are determined by of the Union’s institutions under the interstate agreement The EAFSD was incorporated Entrepreneurs (Employers) of the Statute of the Court of the Eurasian Economic Union. stipulated by the Treaty on signed on January 12, 2006 by in 2009 by Armenia, Belarus, Armenia, the Confederation the EAEU, but in fact may the authorized representatives Kazakhstan, Kyrgyzstan, Russia of Industrialists and The Court settles disputes arising out of implementation of the be treated as such. They of the Russian Federation and and Tajikistan. Entrepreneurs (Employers) Treaty, international treaties within the Union and (or) decisions are international financial the Republic of Kazakhstan. The of Belarus, the National of the Union’s governing bodies upon application of the organizations aimed at idea of establishing the Bank The EAEU Business Council is Chamber of Entrepreneurs of Member State or an economic entity (the Statute of the Court of facilitating economic came from the Presidents of not included into the system the Republic of Kazakhstan the Eurasian Economic Union). growth of the Member Russia and Kazakhstan. of the Union’s institutions “Atameken,” the Kyrgyz On January 1, 2018, Zholymbet Nurakhmetovich Baishev States, expanding trade and stipulated by the Treaty on Union of Industrialists and (the Republic of Kazakhstan) was elected Chairman economic relations between In 2009, the Republic of Armenia the EAEU, but in fact may Entrepreneurs and the of the EAEU Court. them and developing and the Republic of Tajikistan, be treated as a Permanent Russian Union of Industrialists and Entrepreneurs. EEC | Facts and Figures 2018 Governing Bodies of the Eurasian Economic Union Governing Bodies of The Eurasian The Intergovernmental Council Intergovernmental secures the implementation of the Eurasian Economic Union and supervision over compliance Council with the EAEU laws, considers (Intergovernmental controversial issues and issues related to abolition, suspension Council) or amendments to decisions adopted by the Council and the is the Union’s governing Board of the EEC. body at the level of Heads of governments.

The Supreme Council considers the fundamental The Supreme issues of the Union’s activity, Eurasian determines the strategy, directions and prospects of Economic Council integration development and (The Supreme adopts decisions to pursue the Council) EAEU purposes. Prime Minister of the Republic of Kazakhstan is a supreme governing body of the Union composed of the Heads of the EAEU States. President of the Prime Minister Republic of Kazakhstan of the Republic of Belarus Chairman Nursultan Nazarbayev of the Government of the Russian Federation

42 President Prime Minister 43 President of the of the Russian of the Republic Republic of Belarus Federation of Armenia Aleksander Lukashenko Vladimir Prime Minister Putin of the Kyrgyz Republic

Prime Minister of the President Republic of Armenia of the Kyrgyz Republic Nikol Pashinyan Sooronbay Jeenbekov

Works to improve statutory regulation of the Union, submits for approval of the Supreme Council First Deputy Prime Minister the main integration directions, of the Republic of Kazakhstan considers the issues of abolition or amendment to the decisions of the The Council Deputy Prime Minister EEC Board, the results of monitoring of the Eurasian of the Republic of Armenia and control over the implementation of EAEU acts, and governs the EEC Economic activities. First Deputy Chairman Commission of the Government — Minister of Finance of the Russian (EEC Council) Federation is the Union’s governing body at the level of Vice Prime Ministers. Deputy Prime Minister of the Republic Vice Prime Minister of Belarus of the Kyrgyz Republic EEC | Facts and Figures 2018 Governing Bodies of the Eurasian Economic Union

Member of the Board — Minister in charge of Internal Markets, The Board Informatization, Information and Communication Technologies of the Eurasian Karine Minasyan Economic It submits its own proposals or Department for Information Technologies compiles proposals submitted Commission Internal Markets Operation Department by the Member States in the (EEC Board) sphere of integration, executes the decisions and decrees of the is the Union’s executive EAEU governing bodies. body ensuring functioning and development of the Member of the Board — Minister in charge of Trade EAEU. Veronika Nikishina

Department for Customs Tariff and Non-Tariff Regulation

Department for Internal Market Defense

Department for Trade Policy

Member of the Board — Minister in charge of Technical Regulation Chairman of the Eurasian Economic Commission’s Board Viktor Nazarenko

Tigran Sargsyan Department for Technical Regulation and Accreditation

Organizational Support and Protocol Department Department for Sanitary, Phytosanitary and Veterinary Measures Finance Department 44 Legal Department 45 Administrative Department Member of the Board — Minister in charge of Customs Cooperation

Mukai Kadyrkulov Member of the Board — Minister in charge of Integration and Department for Customs Legislation and Law Enforcement Practice Macroeconomics Department for Customs Infrastructure Tatyana Valovaya

Department for Integration Advancement

Department for Macroeconomic Policy Member of the Board — Member of the Board — Minister in charge of Competition and Antitrust Regulation Minister in charge of Economy Statistics Department and Financial Policy Marat Kussainov Timur Zhaksylykov Department for Antitrust Regulation Department for Financial Policy Department for Competition and Public Procurement Policy Department for Entrepreneurial Devel- opment Member of the Board — Department for Labor Migration and Minister in charge of Industry and Social Development Agricultural Sector Member of the Board — Minister in charge of Energy and Infrastructure Alexander Subbotin Emil Kaikiyev Department for Financial Policy Department for Transport and Infrastructure Department for Agricultural Policy Departament for Energy EEC | Facts and Figures 2018 Contractual and Legal Framework of the Eurasian Economic Integration. Key Documents Contractual and Legal Framework of the Eurasian Eurasian Economic Union 2015 2017 Economic Integration. Programm of gradual liberalization Customs Code of the Eurasian Economic Union. of coastwise road transportation of Protocol on Exchange of Electronic Information between cargo. Tax Authorities of the EAEU Member States for Tax Key Documents Agreement on Coordination of Administration. Actions Aimed at Protecting the Agreement on the Procedure for Collective Management of Intellectual Property Assets. Copyright and Related Rights. Conceptt of Establishment of the Agreement on Voluntary Harmonization by the EAEU Integration potential provides additional opportunities for EAEU Common Electric Power Countries with the Commission of Specific Subsidies for economic development of the Union States through most Market. industrial goods and conduct by the EEC of proceedings for rational use of resources, diversification of economies, Main Directions of the EAEU the provision of specific subsidies by the Union States. Economic Development. utilization of transport. This includes, in particular, transit, White Paper on barriers, exceptions and restrictions. Main Directions of Industrial Main Directions for the Implementation of the Digital potential, development of competitive environment, Cooperation Within the EAEU. Agenda until 2025. financial markets and improvement of business climate, elaboration of common macroeconomic benchmarks and creation of an efficiently functioning common goods, services, capital and labor market. 2016 2018 Agreement on Exchange of Agreement on Labeling Goods Information, Including Confidential with Means of Identification. Information, in Financial Sphere to Signing of the Agreement on Ensure Free Movement of Capital in Trade and Economic Cooperation Financial Markets. between the EAEU and the PRC. 46 Common Economic Main Directions and Stages of Signing of the Interim Agreement 47 Space Implementation of Coordinated leading to formation of a free (Agreed) Transport Policy. trade area between the EAEU Agreement on Methodology for and Iran. Customs Union 2012–2015 2015 Indicative (Forecast) Balances of Gas, The SEEC’s decision on assigning 17 basic international Treaty Oil and Petroleum Products within the to the Republic of Moldova of the 2010–2012 treaties constituting the on the EAEU EAEU. EAEU Observer State status. The Customs Code of the Customs Union. Transfer of the CU CES. Concepts of Establishing Common Commission of powers related to foreign trade regulation Gas, Oil and Petroleum Products (powers for adjustment of import customs duties, introduction Markets of the EAEU. of CN FEA, establishment of tariff concessions and quotas, The Program of Establishing Common setting tariff preferences system, introduction of non-tariff Electric Power Market of the EAEU. regulation measures). Introduction of the Agreement on the Investigations and other procedural steps preceding Free Trade Area between the EAEU introduction of protective, antidumping and compensatory and Vietnam. measures on the CU’s common customs territory with regard to the goods originating from foreign states.

2010 2012 2015 2016 2017 2018 EEC | Facts and Figures 2018 Areas of Activity of the Eurasian Economic Commission

Areas of Activity of the Eurasian Economic Commission

deputies following the results Implementation Interaction Tigran of competitive tenders; of Digital Agenda with business Sargsyan, ÐÐ enters into employment and expert agreements, on behalf of ÐÐ implements the Union’s Digital Chairman of the EEC Board the Commission, with the Agenda, inter alia, heads a top- communities Commission’s employees based level working group; on tender results; ÐÐ holds meetings of Scientific ÐÐ manages the Project Office for and Expert Council under ÐÐ acts on behalf of the Commission the implementation of digital the Chairman of the as the budget administrator of initiatives, which comprises Commission’s Board. The the Union, manages the funds the representatives of the purpose of such meetings is of the Commission, disposes five Union countries. The key a regular discussion of trends of material resources of the task of the Office is to assess relevant for the Eurasian Commission, enters into civil-law the prospects of projects Economic Union, challenges 48 contracts and acts in the court. submitted to the Commission, and tendencies of the global 49 to identify their integration economy development as potential and to promote their well as internal development International implementation. factors of the EAEU; The Chairman of the The Chairman of the EEC Board: ÐÐ arranges meetings of Commission’s Board the Commission’s Board, activities ÐÐ heads, on behalf of the EEC, manages the activities of the the Commission’s Council, Developing the Advisory Council for Commission’s Board and is Administration the Intergovernmental Council ÐÐ takes part in international activities Interaction of the EEC and the responsible for its operation. and the Supreme Council of the EAEU; promotes ties and integration Business Council of the EAEU, The position is appointed and governance and reports to the Union’s contacts of the Commission with which ensures interaction by the Supreme Eurasian authorities on the issues foreign partners; ÐÐ contributes to the and dialogue between Economic Council for the ÐÐ manages the Board, holds the requiring their decision; development of integration, organizations. The structure term of four years, on a meetings of the Commission’s ÐÐ upon instruction of the Council, submits to the Union’s of the EAEU Business Council rotation system, without the Board and takes responsibility ÐÐ establishes the procedure for represents the Commission in authorities strategic proposals includes the representatives right of extension. for its actions or omissions; the Commission’s departments, relations with third countries and for operation of the EEC and of business communities of determines the issues within associations. the EAEU in general. the Union States. ÐÐ signs decrees, decisions and the competence of the recommendations of the Commission’s departments Commission’s Board; and appoints directors of departments and their EEC | Facts and Figures 2018 Areas of Activity of the Eurasian Economic Commission

The results of implementing the Member States maintain 4. Consideration by the Member Main Directions of international macroeconomic policy within States of the Main Directions activity of the EAEU in 2015–2017 this market to ensure efficiency of Economic Development of show that tremendous work of their economies. the Union until 2030, which has been done over the three determines the objectives, years of the Union’s operation Due to the fact that a significant tasks of the development Tatyana Valovaya, on the external route. A global part of economic regulations of the Union, areas, which recognition of the EAEU has been is accomplished at the national may have a positive impact Member of the Board — EEC secured. level by pursuing a coordinated on the competitiveness of Minister in charge of Integration macroeconomic policy, the the Member States through and Macroeconomics International interaction system Union is creating a favorable collaboration, as well as criteria formed in a short period of environment for increase in for determining the economic time addresses the issues of intrinsic resistance of economy domains with integration involvement of the EAEU into to external impact and extends potential. Implementation the global architecture of its economic integration. of the Main Directions of economic relations. In particular, Economic Development shall by expanding geography and The Treaty on the Union ensure that each Member State the export volume, integration determines the following gains an additional economic of economic entities of the elements of the coordinated effect and accelerate (facilitate) Union Member States into the macroeconomic policy pursued the achievement of national international production chains, by the Member States. strategic objectives through exploring the opportunities for “trade creation,” “economy establishing new cooperation 1. Compliance by the Member of scale,” “synergy,” “single attracting foreign investments States with quantitative values market” and other effects. Main directions This work is performed in a the geography of international and technologies to ensure determining sustainability number of areas. The most contacts of the EAEU, and the economic development of the of economic development 5. Discussion of the main of integration important ones are as follows: EEC as its permanent regulatory Union countries. (specified in the Treaty on the macroeconomic trends, risks The Program of the EAEU body, with the governments of Union): annual consolidated and prospects of economic development until 2025 is ÐÐ improving regulations of third parties, regional associations, budget shortfall in the public development, formation determined by the Treaty on the the Treaty on the EAEU and international organizations, Macroeconomic management sector; debt of the of external parameters for Eurasian Economic Union dated developing the Union’s business communities and public management sector, the forecasts and key hypotheses May 29, 2014. Besides that, the legislation; expert circles of third countries is policy inflation rate. of the Member States’ mid- 50 experience of the EAEU as well as extending. term national economy 51 transformation of international ÐÐ implementing the Main In compliance with the Treaty on 2. To secure macroeconomic development. economic environment require Directions of the EAEU The key international cooperation the Eurasian Economic Union, a stability, the Eurasian updating the integration agenda international activity and formats are: preferential and non- unified macroeconomic policy is Economic Commission holds to achieve the objectives elaborating proposals for preferential trade agreements, being pursued at a supranational consultations, develops Statistics enshrined in the Treaty on the development of the Union’s memoranda on cooperation level. country-wise recommendations EAEU, continuous development external contacts; and other deeds of international aimed at stabilizing economic Prompt and open access of the Union and consolidation of nature. Operation of consolidated The unified macroeconomic situation and meeting the statistics are one of the factors the association’s position on the ÐÐ international positioning of working groups created under policy stipulates for macroeconomic indicators. boosting the competitive global stage. the EAEU and promoting an memoranda of understanding or the development and ability of the EAEU countries’ unbiased perception of the cooperation between the EEC and implementation of joint actions 3. Following the Commission’s economies and improving Determining further course Union by the international the governments of foreign states by the Member States by recommendations by the the investment climate within of Union’s development, new community; is ensured and coordinated. elaborating macroeconomic Member States promoted the the Eurasian economic space. forms and levels of cooperation policy measures to ensure improvement of macroeconomic Activities of the Commission in is one of top priorities of the ÐÐ monitoring the current Efforts of the Union Member States a balanced development situation in 2017 in all the EAEU the field of statistics promote Commission. In this context, the situation for main integration and the EEC for deepening the of economy and securing Member States. Consideration by transparency of integration work on improving regulations directions within the Union and integration and consolidation of macroeconomic stability of the the Member States of the Main processes regarding their of the Treaty on the EAEU and analyzing the necessity and the EAEU positions on the global Member States and the Union as Benchmarks on Macroeconomic statistical assessment. The developing the Union’s legislation the prospects of development, stage secure its incorporation a whole. Policy, which determines Commission is working to is in progress. It is done within deepening and expansion of into the modern global economic most crucial tasks for the provide the integration process the Consolidated Working the integration cooperation. architecture and enable positioning The coordination of Union countries’ economies, with timely and versatile Group engaging authorized the Union as a crucial element of macroeconomic policy is both in the short and in the statistical information and representatives of the Member The external agenda of the Union the Greater Eurasian Partnership, stipulated by establishing the medium term, and including analytical materials on social States of the Union and the EEC. is developing alongside with the boundaries whereof are being single market of goods, services, recommendations to fulfill such and economic development of the internal one. Over the years, discussed at the moment. labor and capital in the EAEU. tasks. the EAEU Member States. EEC | Facts and Figures 2018 Areas of Activity of the Eurasian Economic Commission

to a new technological resource potential for and food, recommendations paradigm, as well as the manufacture of competitive for developing cooperation solution of the import products, meeting the of the Member States for dependency issues. needs of the common susceptible agricultural goods Alexander Subbotin, agricultural market, decrease are developed; actions aimed at The Eurasian Engineering in import dependency eliminating barriers in mutual Member of the Board — EEC Center is a network structure and increasing the export trade are coordinated. The involving authorized potential. In compliance mechanisms of technology Minister in charge of Industry and organizations of all the Union with the Treaty on the transfer and R&D cooperation Agriculture States, which in fact are the EAEU, this activity stipulates are developing; harmonized centers of competences in the for the development of approaches to export engineering sphere. It enables mechanisms and measures development are established. all the countries to take part of interstate interaction for The agricultural sector in large-scale modernization implementation of integration subsystem was introduced projects, to enable the transfer processes and ensuring as a part of the integrated of technologies, the exchange sustainable development of information system of the Union of knowledge and respect the agricultural. in order to automate the main for interests of participating directions of agreed agricultural countries within long-term To this end, the Eurasian policy. forecasting and strategic forecast demand and supply planning of machine-tool balances are prepared for Maintaining the coordinated industry development. the key types of agricultural agricultural policy ensures Industry States of new types of export- the subsidies granted by the products. Compliance by the creation of a Union-wide oriented products. It is achieved, Member States in case of any the Union countries with system of branch priorities, The key objectives of industrial inter alia, through deepening evidence of damage to the Agricultural their obligations in the the formation of cooperation policy within the EAEU include of cooperation and increasing national economy sector. sector field of state support of chains considering the national accelerating and improving the local content of products, The decision on approval of a agriculture is monitored specialization and resource sustainability of industrial creation of new production specific subsidy is to be adopted The Member States, as and proposals to improve bases, enhancement of food development, improving chains and innovative by the EEC based on the analysis coordinated by the EEC, pursue state support efficiency safety within the EAEU and competitive ability of industrial industry sectors, production of a subsidy’s compliance with an agreed agricultural policy in are elaborated. Unified consolidation of positions of sphere in the Member States. improvements in traditional the criteria of admissibility the agricultural sphere focused requirements in the sphere of the States and the Union as It also ensures efficient branches; boosting the exports or non-admissibility as on efficient management manufacture and circulation a whole in the global market of 52 cooperation to increase of hi-tech products. determined by the Agreement of the Union countries’ of agricultural products agricultural products. 53 innovative activities, eliminate on Voluntary Harmonization barriers in the industrial sphere, Cooperation within the of Specific Subsidies. In case in particular, in movement of the Union is developing in top- of proceedings between the Member States’ industrial goods. priority branches; business Member States, the Commission and innovative infrastructure will act as a third non-interested Industrial policy within the Union are being formed, including party to ensure an unbiased In 2017, industrial output Manufacture is formed by the participating technological platforms, analysis of all aspects of countries for the main industrial engineering centers. The granting a specific subsidy. across the EAEU of agricultural cooperation directions and Union is working to establish The EEC’s rulings following the increased by products across includes advisory support and an environment that promotes proceedings results shall be coordination on part of the fair competition, development binding on the EAEU countries. 2.6% the EAEU Commission. Tasks, principles and implementation of and instruments of industrial interstate programs and In 2016, the Eurasian increased by policy as well as competence of projects, introducing industrial Intergovernmental Council the States and the Commission cooperation and subcontracting adopted a decision on are determined in section XXIV network, creating a technology establishment of the Eurasian Industry of the Treaty on the transfer system. Machine-Tool Engineering 2.5% EAEU. Center. Besides, the functions of Based on the Main Directions of the Commission have been It shall become operational Industrial Cooperation within expanded in the sphere of in 2018. Activities of the center the EAEU adopted by the Heads granting industrial subsidies will be focused on generation of governments, the currently since April 2018. Thus, the and introduction of innovative implemented industrial policy EEC is vested with powers for decisions into industrial of the Union is focused on the voluntary harmonization of production to facilitate the joint launch by the Member specific subsidies and checking transition of the Union countries EEC | Facts and Figures 2018 Areas of Activity of the Eurasian Economic Commission

communication processes, of unified methodological and foreign trade, and, securing interoperability and approaches and unified in particular, the level of applying harmonized models of decisions while creating the infrastructure and material and information (data) use. structures of e-documents, technical base development in information in a soft-copy form the Union Member States. Karine Minasyan, For these purposes, the approved or recommended for Commission is working on use by the Commission. In response to the need Member of the Board — EEC Minister establishing digital platforms to improve institutional in charge of Internal Markets, to render electronic interstate The Union’s data model is used framework of the Union, the services to individuals and to ensure application of single strategic objective of the Informatization, Information and businesses. One of such digital methodological approaches EAEU in the internal market Communication Technologies platforms will be created on and unified decisions upon is eliminating any obstacles the basis of an integrated creation of e-document inhibiting free movement information system of the Union structure, information in of goods, services, capital based on a single data model a soft-copy form approved or and labor in the Union to ensure diverse types of recommended for use by the through joint of institutional interstate information exchange Commission. transformations of the national (S2S, G2G, B2G, В2В). segments of internal market. At present, the Union’s data The Commission’s measures model secures generation Other ambitious initiatives may The EAEU Digital of Implementation of the EAEU with the experts. Thus, for include escalating of soft-copy documents be implemented to achieve Agenda Digital Agenda approved by the instance, the preparation of the electronic data exchange in (e-documents) for the areas the strategic objective in the Heads of governments of the concept for establishing the implementation of common related to the implementation long run. For instance, making Digital transformation of EAEU countries. In December Union’s traceability system has processes (the current list of of common processes within a strategy to secure the Union’s economy is one of the main 2017, the Commission’s Council commenced, which is one of the common processes includes the EAEU. internal market operation free conditions for the Eurasian approved the criteria for assessing six priority project areas. Its core 80 items). It shall be achieved from barriers, exceptions and Economic Union’s development initiatives within the framework of is the monitoring and analysis by means of integrated In the future, the coverage restrictions and specifying top as a present-day integration the EAEU Digital Agenda. of the entire product life cycle, information system of the of the Union’s data model priorities in the elimination format in line with the global which is more than just labels used Union, using digital signature will develop allowing for of obstacles as well as leaders of digital economy: Currently, six priority areas for to protect from pirating goods. and developing cross-border extension of lists of interstate development of joint projects the USA, the EU, the ASEAN elaborating initiatives for digital Integration of a traceability system trust space, the Single Window (cross-border) e-services ensuring formation of mutually and China. Importance of the projects have been approved. within the entire EAEU space will systems, synchronizing pending with the highest priority for beneficial economic interests. 54 Digital Agenda was announced These are: digital traceability, enable control over legitimacy projects in the context of digital implementation, unification 55 in late 2016, when the Heads digital trade, digital transport of commodity turnover on the transformation, preliminary of B2G interaction procedures The EEC is consistent in of the EAEU States signed the corridors, digital industrial territory of the Member States and process modeling upon and documents used as part of eliminating barriers in internal Declaration on the Union’s Digital cooperation, agreement on tracking movements of goods. preparation of regulatory such procedures. markets of the Union to create Agenda. As early as in 2017, the data turnover, the regulatory This will help decrease the burden documents. a common economic space Digital Agenda became one of sandboxes system. The project of businesses to a great extent — Internal markets with free movement of goods, the key issues in the Commission office for the implementation of the number of statements will The most important events services, capital and labor, to and all the EAEU States. digital initiatives was established be reduced, while surveillance of the Eurasian Economic The analysis of the results establish an efficient business and headed by the Chairman of mechanisms will be facilitated Commission shall include the of national segments environment. A road map was In 2017, the Commission, in the EEC Board, Tigran Sargsyan. through application of the so- creation and development of development within the created for the years 2018–2019 consort with the governments of It comprised the representatives called smartsoft-surveillance. instruments for harmonizing Union’s internal market shows to eliminate exceptions and the EAEU Member States, created of the five Union countries. information in a soft-copy form that the reasons for these restrictions. As of August a high-level working group to The key task of the office is Informatization, (e-documents). obstacles include systemic, 2018, 24 obstacles have been draw up the Main Directions for assessment of prospects for any market-determined (structural), overcome since 2017: 15 barriers, the Implementation of the Digital submitted project, identification information and In the context of this activity, infrastructure factors that 7 restrictions and 2 exceptions. Agenda of the Eurasian Economic of their integration potential and communication the Regulation on the Data may comprise differences Union until 2025 headed by the ensuring their execution. Model of the Eurasian Economic in the economic reforms Timely measures that helped Chairman of the Commission’s technologies Union was developed and models of the Member States prevent new obstacles enabled Board, Tigran Sargsyan. The Eurasian Economic approved under Decision and the level of institutional businesses of the EAEU Commission is conducting an Digital transformations are No. 190 of the Commission’s transformations, level of the countries to avoid additional In October 2017, the Main in-depth examination of more based on changes related to Board dated December 26, Member States’ diversification financial and transaction costs Directions were approved at than 25 initiatives obtained from introduction of information and 2017. It shall secure application by the structure of economies of about USD 70 mln. the meeting of the Supreme businesses and public authorities communication technologies. Eurasian Economic Council. The of the Member States. Three The main vectors in the document served as the basis of them have entered into an implementation of the agreed for the Procedure of Elaborating investigation stage following the EAEU policy in this sphere rest Initiatives Within the Framework results of analysis and discussions upon modernizing interstate EEC | Facts and Figures 2018 Areas of Activity of the Eurasian Economic Commission

January–June 2018 % compared to January–June 2017 Emil Kaikiyev, Member of the Board — EEC Minister in charge of Energy and Infrastructure 112.1

105.8 106.4

103.5 102.3

Armenia Belarus Kazakhstan Kyrgyzstan Russia

Energy industry policy of the Eurasian Economic of transport services quality, Union’s countries focused on the ensuring transport (technological) 101.2 102.3 The key task of this area is establishment of common electric safety. pursuance of coordinated power, gas, oil and petroleum energy industry policy of the product markets. In the context of globalization 105.2 105.0 Eurasian Economic Union advancement, new opportunities Member States for efficient arise for the Union to implement use of the aggregate energy Transport and its transit potential — by building potential and establishing infrastructure a land bridge between Europe 56 common energy resources and Asia. Use of synergetic effect 57 markets. This will ensure energy The main objective of this area is in this field is one of the key security and sustainable growth implementation of a coordinated advantages of the integration. Volume of cargo traffic of national economies of the (agreed) transport policy of the Member States. Eurasian Economic Union Member within the EAEU by all States. It is required to ensure Natural It will secure the balance of economic integration, consistent monopolies means of transport interests of energy resources and gradual establishment of consumers and producers, a single transport space based The objectives of this area include increased increase economic efficiency on competition, openness, application of common principles and reliability of fuel and energy safety, reliability, availability and rules to regulate activities in 2017 by industries, will optimize the use and environmental friendliness. of natural monopoly entities of primary energy resources and This implies the establishment established by the Treaty on the 2.6% expand non-resource export of a common transport services Union, facilitating harmonization potential. market, adoption of coordinated of natural monopoly spheres and measures to ensure common determining the procedures for Long-term stable development advantages in the sphere of coordinating the EAEU States’ of the Union countries’ transport and infrastructure, legislation. Achieving these economies is impossible implementation of best practices, objectives will facilitate receipt of 136.9 without the support of a integration of transport systems goods and services by consumers, constantly developing fuel and of the Union countries into the ensure transparent and non- energy industry. Therefore, world’s transport system, efficient discriminatory environment for it is crucial for the Union to use of transit potential of the accessing the infrastructure by maintain a coordinated energy Member States, improvement natural monopolies. January–December 2017 % compared to January–December 2016 EEC | Facts and Figures 2018 Areas of Activity of the Eurasian Economic Commission

Section XV of the Treaty on the Since April 2015, the regulatory property rights as well as EAEU prescribes that the States impact assessment (RIA) generating registration data. and the EEC liberalize trade procedure for the draft EEC This will ensure elaboration of a in services, incorporation and decisions has been integrated uniform law enforcement practice any other activity curtailing into the Commission’s practices. in the EAEU States. the remaining restrictions and In the lifespan of its existence Timur Zhaksylykov, exceptions (from protective modes) during the public discussion of The EEC also works on legalization with simultaneous application of 257 draft decisions of the EEC, of parallel imports for specific Member of the Board — EEC best international practices for 6,231 objections and proposals types of goods in the EAEU regulation in the sphere of business have been received, which on territory and creation of a new Minister in charge of Economy and and investment activity that would average makes 24 comments statutory remedy to protect the Financial Policy be least burdening for business. per draft document. At the same Union’s trademarks and origin time, the share of consideration marks. Regulation rules adopted by of objections and proposals the Supreme Council determine filed by business community has Labor migration the mandatory assessment of reached 62.72%, which suggests regulatory and actual impact of regulatory flexibility of the EEC and social draft legal acts. They establish and appreciation of business protection a single list of authorizations circles requirements. and notifications as well as The Treaty on the EAEU secured stipulate for introduction of a RIA results not only in improving freedom of movement of labor Establishing Tax policy and Single services risk assessment system upon individual document provisions resources and the protection of control and supervision and other but also in changing conceptual their rights, which in fact means common financial administration market. obligations of the EEC and the approaches to the introduction of that a single labor market has market of the EAEU Business and governments of the Union States supranational regulation within been established within the entire The Commission’s objective is to guarantee business rights. the EAEU considering its impact integration space. The most important strategic creating a tax environment for investments on businesses. objective of the EEC is building non-discriminatory business Through implementation of The EEC continues its work a common financial market of the activity within a common Section XV of the Treaty on the EAEU the Rules in 2018–2019, the Intellectual on initiatives that — when Union by 2025. The concept of its economic territory and prohibits introduction of any new guarantees of business rights will implemented — will promote establishment is being developed overcoming obstacles on this restrictive measures to any newly be enshrined in the law, which will property more efficient operation of the at the moment. The document will way. A planned approximation of incorporated or existent entities result in eliminating uncertainty, single labor market. At the same 58 prescribe the legal mechanism, excise tax rates is very important including service providers and localizing and preventing barriers The maintained agreed policy time, a prerequisite for any 59 define the key areas of establishing for the most sensitive goods — receivers. and increasing investment in the sphere of intellectual actions is security of equal rights the common financial market, alcohol and tobacco. Major attractiveness of the Union States. property enables creating the of the working population — and determine the boundaries of work areas within the EAEU Moreover, the single services market most favorable environment for citizens of the EAEU States. its infrastructure development. also include development of was formed on January 1, 2015 being Entrepreneurship the right holders of the Union Looking forward, it will secure conceptual approaches to equal the space where: States. Thus, after the Agreement The Agreement on Pension free movement of capital, non-discriminatory taxation of advocacy on Collective Management Benefits is being developed for diversification of risks, increase in e-services and tax administration ÐÐ work permits and professional of Copyright and Related the working population of the competition at financial services of mutual trade without prejudice qualifications of personnel are To eliminate excessive Rights enters into force, the EAEU Member States. It shall market, elimination of barriers to businesses. tacitly accepted; administrative barriers for transparency of collective rights establish equal conditions for to mutual access and access of business in the Union countries management organizations will the Union’s citizens in all the businesses and citizens to financial ÐÐ activity of non-resident service the Commission holds an expert enhance and the right holders countries of employment. An instruments of the Union States. provider does not require repeated examination of efficiency of the will be able to control validity of efficient interaction mechanism incorporation. elaborated acts affecting the fee allocation. Entry into force is being formed for competent interests of entrepreneurs. of the Regulation for Keeping authorities and employers of the As of June 2018, the single services Common Customs Register of States to facilitate well-managed market has been formed for 49 sectors. From October 2012 to the first Intellectual Property Items will recruitment of employees from half of 2018, an analysis of more facilitate and accelerate their the EAEU States to engage in than 2.5 thousand draft acts registration procedure. employment activity. It will of the Commission was held. enable mitigation of existent risks The most important strategic task of the Proposals were enunciated for Besides, the Commission both for the working people and EEC is building a common financial mar- every ninth act to avoid obstacles has developed proposals for the employers and will promote and unreasonable expenses for increasing efficiency of combating an increased mobility of labor ket of the Union by 2025. businesses. infringements of intellectual resources within the Union. EEC | Facts and Figures 2018 Areas of Activity of the Eurasian Economic Commission

on Customs Regulation and Measures developed and taken are Advisory Committee on Interaction of Supervisory meant to create equal competitive Authorities at the Customs conditions for foreign economic activity Border of the EAEU; , Mukai Kadyrkulov throughout the entire Union. ÐÐ arranging information interaction between the Member of the Board — EEC Minister in customs authorities of the charge of Customs Cooperation EAEU Member States and ÐÐ reengineering of traditional and analysis of best global other countries; practice of FEA pursuit and practices, advanced experience regulation on the EAEU aimed at facilitation of customs ÐÐ ensuring conditions of territory through transition to rules and formalities as well functioning, development electronic communications, as increase in customs control and elaboration of single development and introduction efficiency in foreign economic approaches to location, of e-document structures activity for the purpose of their construction, reconstruction and formats and information subsequent integration into operation and fitting-out in a soft-copy form used for the EAEU practice; of places of movement customs purposes; of goods across the EAEU ÐÐ securing interaction between customs border, free (specific, ÐÐ interaction with the World the EEC and business special) economic areas, Customs customs declaration, release and the system of identification Customs Organization and associations of the EAEU bonded warehouses, customs use in compliance with customs of foreign economic activity other international field- States as a part of the work warehouses, duty-free shops, cooperation procedures, exercise of customs participants etc.; specific structures; examination by the Advisory Committee and administrative buildings. An important factor of control, payment of customs sustainable development of duties. ÐÐ development and the Eurasian Economic Union improvement of customs is efficient foreign economic At this stage of the integration information technologies The Single Window mechanism activity. Providing a comfortable development, the following and common processes in the system of FEA regulation background for business priority areas of the Eurasian within the EAEU stipulating environment and business Economic Commission’s customs for information interaction 60 activity, customs regulation unit may be distinguished: between customs and other 61 serves as one of the factors of public authorities as well as economic development of the ÐÐ formation and improvement of FEA participants; Minimization of AEO status — for EAEU States. Thus, the main customs legislation of the EAEU human factor all market players long-term objective in this area is as well as securing uniformity ÐÐ formation of an agreed creating simple and soft customs of its practical application; policy of the Member States administration mechanisms for in the field of equipping businesses. These measures ÐÐ development of futuristic outer boundaries of the are meant to create equal technologies on the common EAEU, development of New competitive conditions for customs territory of the Union standard requirements Release of Major opportunities foreign economic activity such as the Single Window to customs infrastructure goods prior to innovations to use deferral throughout the entire Union’s mechanism within the system elements and preparation completion of of customs territory. of regulation of foreign of border checkpoints, customs control of the CC EAEU duty payments economic activity of the EAEU harmonization of (entered into The sphere of competence Member States, the institute of introduction of cutting edge of the Commission’s customs authorized economic operator, technologies; force on department covers a wide range January 1, of customs regulation issues. It includes various aspects of 2018) statutory regulation of relations The main long-term objective in this arising out of movement of goods across the customs border area is creating simple and soft customs of the Union, their transportation administration mechanisms for businesses. Declaration without Reduction of release terms to the EAEU under customs submission of documents of goods control, bonded storage,

One-time submission of Extension of cases permitting documents and information the introduction of amendments to the declaration EEC | Facts and Figures 2018 Areas of Activity of the Eurasian Economic Commission

Negotiations are now being held with Singapore, 4 full- The Commission, within its fledged rounds of negotiations have already taken place, which competences, is currently taking helped the parties to advance in various steps with the common intent discussing mutual obligations, to create additional incentives for Veronika Nikishina, access to the markets and horizontal trade regulations. export development. Member of the Board — EEC Moreover, the Commission, Minister in charge of Trade within its competence, is currently taking various steps Eurasian Week including congress the Eurasian Economic Union was with the common intent to and exhibition universal events. signed; the extension of the list create additional incentives of goods subject to mandatory for export development. This The work is in progress to develop labeling is also discussed. involves assistance in creating the goods labeling system in co-insurance ad export crediting the Union, to promote improved The Commission also develops vehicles, support and promotion controls of legitimacy of specific an efficient mechanism for of cooperative goods of the goods turnover within the EAEU. monitoring and eliminating Union, provision of a high- In particular, in February 2018, the restrictive measures against the quality platform for B2B contacts Agreement on Labeling Goods goods from the EAEU States development under the annual Using Means of Identification in imposed by third countries.

Trade tariff is applied — the customs of agreements on free trade duty rates for raw materials, areas with Egypt, Israel, India Being guided by principles equipment and component and Singapore, for unification determined in the Treaty on parts are reduced in order of preferential trade regime Development of goods labeling system within the EAEU space the Eurasian Economic Union, to establish the conditions with Serbia, for transition to activity of the Commission’s required for the formation of preferential trade regime with trade unit is mostly meant to value added chains and cutting Iran and signing of a trade and Labeling principles increase competitiveness of production costs. economic agreement with China. 62 goods of the Member States at 63 internal and external markets Special attention is currently The first achievement in this field Single coding standards Unique machine-readable Availability of database through the establishment paid to the improvement of trade was signing of the Agreement (interoperability — mutual identifier and information system of more favorable conditions regimes for prospective areas on the Free Trade Area (FTA) readability) of accessing third country with countries whose economies with Vietnam, which entered markets, efficient customs tariff show sufficiently high growth into force on October 5, 2016. regulation, application of internal rates and quality and, hence, Following the negotiations held market protection measures in form receptive markets for on May 17, 2018 under Astana cases, for instance, of dumping qualitative gain in exports of the Economic Forum in the Republic Prospects for the introduction of goods labeling in the EAEU countries practices or surge of imports EAEU States, their diversification. of Kazakhstan, the Agreement on causing damage to the EAEU Trade and Economic Cooperation States’ economy. In 2013, negotiations under between the EAEU and the Single goods identification Reduction of administrative Extension of the list of labeled the free trade agreement with People’s Republic of China and system costs for businesses goods For comprehensive increasing Vietnam were commenced. the Interim Agreement leading in export competitiveness of Later, in the years 2015–2016, to the formation of a free trade products of the Union States, the it was decided to enter into area between the EAEU and the single fundamental facilitation of interaction decrease in illegal goods principles between market entities and turnover Commission, in cooperation with negotiations for conclusion Islamic Republic of Iran. the State governments of the Member flexibility and versatility alignment of competitive States, holds negotiations for optimization of control activities conditions entry into trade agreements with external partners, in particular, free trade agreements. To To increase the efficiency of goods increase efficiency of production of goods in the EAEU States, manufacturing in the EAEU States, fine fine tuning of the customs tuning of the customs tariff is applied. EEC | Facts and Figures 2018 Areas of Activity of the Eurasian Economic Commission

Optimal conditions are being created Regulation of single market of medicinal products and for the free movement of goods posing medical devices are underlain no threat to life and health of humans, by the best global approaches to assessment of quality, safety Viktor Nazarenko, animals and plants, property, and and efficiency of medicinal environment. products and medical devices: Member of the Board — EEC Minister in good clinical practice, which prescribes the procedure for charge of Technical Regulation of the relevant risk, ensuring Member States to determine clinical acknowledgement commensurability of restrictive the common approach to of efficiency and safety of measures and elimination of consumer rights protection the drug for humans; good unreasonable administrative upon consummation of remote manufacturing practice. barriers in trade. These issues transactions, in particular, within This includes instructions on are resolved in the context the digital space. Reviews of best securing stable production of of major tasks in this area, practice cases were prepared medicinal products meeting including securing the formation with regard to interaction of the quality standards; good of a coordinated policy of the parties’ authorities in the sphere distribution practice — the Member States in the field of of consumer rights protection document governing all the SPV measures, sanitary and It shall secure consumer rights stages of movement of the epidemiological welfare of of citizens upon application manufactured drug. Good the population, protection of of non-refundable airfares, pharmacovigilance practice common customs territory from the possibilities to use labels is of utmost importance as it penetration and proliferation for food products to promote allows for supervision over of quarantine objects and healthy nutrition principles in safety of drugs already in epizootic welfare of the customs the Union. circulation in the market and Technical installation, setup, operation, Sanitary, territory. These measures timely recall of drugs the storage, transportation, sale and allow for harmonization with Regulating safety or efficiency whereof regulation disposal; in the field of voluntary phytosanitary international standards, guides proved to be inadequate application of standards aimed and veterinary or recommendations. circulation notwithstanding any previous 64 The objectives in this area at implementation of such As a result of such policy, multi-level control system. 65 include creation of an up-to-date requirements; in the field of measures optimal conditions are created of medicinal regulatory framework in the assessing conformity of the for the free movement of goods products and The documents detailing and sphere of technical regulation, products to requirements of (SPV measures) posing no threat to life or governing particular specific establishment of appropriate technical regulations of the health of humans, animals medical devices issues are still being developed conditions to secure safety Eurasian Economic Union. The main issues that the and plants, property, and as part of primary documents, of products at the market of Eurasian Economic Commission environment. On May 6, 2017, a common for instance, the issues of the EAEU States, increase in Technical regulations are deals with in the sphere medicinal products market was acknowledging consistency of competitive ability of businesses developed and adopted for of SPV measures include Consumer rights launched. Its establishment production or preservation of and rise in living standards of the protection of life and health of the development of legal implies, first and foremost, a drug quality during storage; citizens of participating countries. people, animals within common acts to secure sanitary and protection single unified approach to drug issues related to certain Technical regulation is the basis customs territory, protection of epidemiological welfare, development and registration. aspects of drug examination. for products safety throughout property, environment, plants, quarantine phytosanitary and Since 2016, another important their lifecycle. Mechanisms to prevent actions misleading veterinary and sanitary safety activity has been consumer enshrined therein enable consumers as well as to secure on the EAEU territory, scientific rights protection. Top- elimination of multiple barriers energy efficiency and resource rationale for application of SPV priority spheres have been in trade, thus securing free conservation. measures, weighted estimate determined where the movement of goods. The tasks legislation protecting consumer of technical regulation within rights will be harmonized the EAEU lie in three interrelated based on the Commission’s planes. They include statutory recommendations — regulation of relations in the field e-commerce, air transportation, technical regulations of establishment, application Technical regulation is the basis for tourist and financial services. 46 and fulfillment of binding products safety throughout their The Commission’s have been adopted requirements to the products and recommendation was developed the processes of manufacture, lifecycle. and adopted in 2017 for the since 2011 EEC | Facts and Figures 2018 Areas of Activity of the Eurasian Economic Commission

to the instruments that may be assistance of national antitrust the results of this work, the relevant used by economic entities (market authorities) was developed to opinions were prepared. entities) to protect their rights and advocate competition in the EAEU lawful interests within the EAEU for the years 2018–2019. Legislation of the Republic of territory. In particular, they provide Armenia and the Kyrgyz Republic Marat Kussainov, an insight into the procedure for Development of economies of the governing public (municipal) submitting applications (materials) EAEU Member States, increase in procurement were monitored for Member of the Board — EEC Minister to the EEC on threatened violations their investment attractiveness compliance with requirements of in charge of Competition and Antitrust of common competition rules, shall also be secured by granting Section XXII of the Treaty. powers of the Commission uninhibited access to suppliers Regulation upon considering applications to public procurement, reducing Another important factor for suggesting threatened violations exceptions from national increase in the competition of competition rules and other treatment, increasing the volume policy efficiency is interaction issues. In 2018, the meetings of the of purchases made by competitive with international organizations, Public Consultation Office were methods in electronic format. integration associations and foreign held in Moscow, Minsk, Astana, and competition institutions. Bishkek. The Protocol on the Procurement Regulation Procedure Thus, the EEC takes an active Subsequently, the Commission (Annex No. 25 to the Treaty on the part in the most important plans to hold meetings of the Union) stipulates that the Member international conferences in Competition and of trucks and cars, wholesale of The Commission continuously Public Consultation Office in all the States shall ensure holding a the sphere of competition — car tires, sale of craft paper used analyzes the commodity markets EAEU Member States on a regular tender and auction solely in International Competition Network, antitrust regulation for production of cement bags, to assess the competitive situation. basis. electronic format and aspire Intergovernmental Group of Experts railroad reinforced-concrete In 2018, a new instrument of market to switch to electronic format on Competition Law and Policy of The Eurasian Economic Commission sleepers, solid-rolled railway analysis was introduced — risk- Besides, to increase awareness of when using other procurement the United Nations Conference on faces the tasks of supervising wheels, metal structures, cellular based approach constituting businesses of the Union countries, methods. Volume of electronic Trade and Development (UNCTAD), compliance by economic (market) phones and interior design a system of market profile a set of materials was developed public (municipal) purchases of the BRICS, etc. Such participation entities with common principles and services. assessment using risk markers and posted on the Commission’s EAEU participating countries tend enables to timely track global rules of competition. to describe signs of violations of website explaining in a simple to increase both in the number and cutting-edge trends in the In 2017, the Commission common competition rules at form the legal fundamentals of of procurement procedures and development of competition law The priority tasks of the Commission considered and issued a decision cross-border market. protecting competition at common in the value of procurement and law enforcement of third in the sphere of antitrust regulation protecting consumer rights markets — the White Paper agreements (contracts). countries, provides an opportunity 66 and competitive policy include and freedom of competition in Such approach enabled to (competition at the EAEU cross- to elaborate joint decisions for 67 ensuring a competitive environment the EAEU in the sphere metal exclude any cases on distortion border markets); and a study guide In order to secure the multinational companies as well and pursuance of competitive industry. of competition referring to the Competition Law in the Eurasian development of competition in as new approaches to increase the policy in the territory of the Eurasian competence of national authorities Economic Union is now being the sphere of public procurement, Commission’s performance. Economic Union. In 2018, the Commission and to focus solely on violations at published. the EEC competition and antitrust proceeded with improvement of cross-border markets. regulation unit undertakes, as Close cooperation with the CIS The Commission, assisted by the EAEU legislation in the sphere In order to identify urgent issues assisted by the Member States, industry cooperation body — the antitrust authorities of the Union of control over compliance with The most crucial area of the in the sphere of competition to improve the regulations of the Interstate Council for Antitrust Member States, detects and common competition rules at Commission’s activity is the and to present to the businesses Treaty, in particular, to determine Policy — is secured. Issues of restraints anticompetitive actions cross-border markets of the Union interaction with business community of the Union countries the the mechanism of eliminating elaborating a coordinated position that adversely affect the competition The Commission is working to in the context of protection of instruments aimed at protecting exceptions, to impose mandatory in the sphere of competition at cross-border markets, including integrate into the EAEU legislation competition at the EAEU cross- their rights and lawful interests, restrictions on the term of policy, consolidation of efforts for abuse of dominant position, unfair of warning and precaution tools border markets, with the purpose the Commission shall also, in exceptions in the regulatory legal efficient protection from cartels, for competition, anticompetitive enabling in some cases to apply of consolidation, and support of cooperation with antitrust acts, recurrence of exceptions, to review of approaches to antitrust agreements, and coordination of them as preventive measures of competitive environment. authorities of the Member States, include associations of societies regulation and law enforcement due economic activity. antitrust reaction. hold a number of events seeking to of the disabled into the list of to development of digital economy One of the forms of the advocate competition. purchases from one source, etc. and other issues are discussed at the The Commission considers As a result of integration of Commission’s interaction with meetings of the council. applications of economic entities warning and precaution tools the business community is the The Member of the Board — In compliance with the Procedure suggesting violation of common into law enforcement practice of Public Consultation Office of Minister in charge of Competition for Considering Applications of The EEC employees also regularly competition rules in the Union. In the the EAEU, the preventive nature the competition and antitrust and Antitrust Regulation approved the Member States on Adoption take courses and visit workshops years 2017–2018, 14 investigations of the Commission’s activities regulation unit. an action plan to extend advocacy of Acts on Determination by the to upgrade skills and to exchange were initiated and two cases were will be enhanced, promptness of of competition (to increase EAEU Countries of Exceptions experience, in particular, in the closed on alleged violation of antitrust response measures will During the meetings of the Public awareness of businesses and to from National Treatment in Public Regional OECD Center in Budapest common competition rules on the be enforced, and administrative Consultation Office, officials and assist in the protection of their (Municipal) Procurement, in 2017 and the Training Center of the territory of the Eurasian Economic burden on businesses will be employees of the Commission rights) for the years 2017–2018. and the first half of 2018 the EEC Federal Antimonopoly Service of Union in the sphere of wholesale significantly decreased. introduce the business community A joint action plan (with the considered 19 draft acts; following Russia in Kazan. EEC | Facts and Figures 2018 EEC Interaction with the EAEU Countries’ Business Community EEC Interaction

with the EAEU Countries’ take part in discussing trade policy and other issues constituting Business Dialogue — Business Community http://www.eaeunion.org/forum/ Formats of the EEC interaction

with the EAEU business community take part in developing cooperation on the basis of industrial Eurasian technological platforms — http://www.eurasiancommission.org/ ru/nae/Documents/ Брошюра%20ДПП.pdf

report on barriers at an internal EAEU market — https://barriers.eaeunion.org/en-us/ take part in discussing regulatory legal acts of the EEC at the platforms of advisory committees, working and take part in the public expert groups discussion of draft documents — https://docs.eaeunion.org/en-us

propose 68 a digital initiative — 69 http://digital.eaeunion.org

propose goods for labeling — https://portal.eaeunion.org/sites/odata/ markedgoods/Pages/default.aspx BUSINESSES MAY attend the meeting of the Public Consultation Office take part in Regulatory for explanation of antitrust Impact Assessment (RIA) legislation of the EAEU — meeting for draft decisions of the announcements — Commission — http://www.eurasiancommission.org/ https://docs.eaeunion.org/en-us/pages/ en/nae/events/Pages/default.aspx regulation.aspx EEC | Facts and Figures 2018 EEC Interaction with the EAEU Countries’ Business Community

Platforms of the EEC interaction Internal Markets Functioning Portal with the EAEU business community Internal Markets Functioning Portal is a system of information interaction with stakeholders, in particular, entrepreneurs, for detection and elimination of obstacles within the Union. It enables to report the obstacles directly to the Commission and to monitor the work progress on the application. They include representatives of the Creation of an information portal business community of the Member enabled to engage more citizens States acting as independent experts. 23 30 in work for securing the Union’s Using these formats, they interact with ADVISORY Advocacy of business activity functioning without barriers, the leading specialists of the authorities SUB-COMMITTEES COMMITTEES In the context of advocacy of business, for the purposes of eliminating exceptions and restrictions and to and the EEC for systemic and strategic excessive administrative barriers for businesses in the Union countries ensure implementation of a major economic issues of the Union as well as the Commission holds an expert examination of efficiency of the direction of this work — monitoring prepare proposals to improve the EAEU developed draft deeds of the EEC affecting the interests of business and identifying obstacles. law allowing for market demands. MORE THAN MORE THAN entities. From October 2012 to the first half of 2018 inclusive, an analysis of more than 2.5 thousand draft acts of the Commission was 20 10 held. Proposals were enunciated for every ninth act to eliminate WORKING EXPERT administrative obstacles for business activity and unreasonable GROUPS GROUPS expenses of representatives of business community creating barriers for the free movement of goods, services, capital and labor in the Union States. EEC decisions concerning business activity are considered with Advisory Committee for Interaction of involvement of business circles. the EEC and the EAEU Business Council The format of a continuous dialogue between the Commission and the EAEU Business Council ensures interaction and dialogue of the EEC and the EAEU Business Council. It comprises the representatives of Business Dialogue on trade policy issues business communities, industrial associations, and public organizations of the Union countries. The Council Business Dialogue is a quarterly event organized by the trade unit of the Eurasian Economic is the successor of Advisory Committee for Interaction of the Eurasian Economic Commission and Belarus- Commission inviting the departments of other units to exchange information and to Russia-Kazakhstan Business Dialogue which was established in 2013. hold open discussions on the most pressing issues of foreign trade and internal policies The EAEU Business Council is within the Eurasian space. The agenda of the Business Dialogue is prepared on the basis a permanent coordination and advisory of proposals of both the Commission’s departments and with the direct involvement of 70 body of business circles of the Union business associations and unions of the EAEU — main participants of the event. 71 States. The Council comprises the Union Advisory Committee for Business The composition of the Business Dialogue is formed by officials and employees of field- of Industrialists and Entrepreneurs oriented departments of the Commission, responsible coordinators of business associations (Employers) of Armenia, the Confederation Affairs of the Union’s participating countries for the main directions of activity of the Commission’s of Industrialists and Entrepreneurs To improve the business climate in the Union States and for trade unit, representatives of the business community and third countries (associations, (Employers) of Belarus, the National systemic elimination of excessive pressure on businesses, the unions, industrial associations etc.) as well as Chamber of Entrepreneurs of Kazakhstan Advisory Committee for Business Affairs was established under large companies of the Union Member States. “Atameken”, the Kyrgyz Union of the Commission’s Board. More than half of its members include Industrialists and Entrepreneurs and representatives of business community. The task of the committee Project office for managing the Russian Union of Industrialists and is contributing to improvement of business and investment climate, digital initiatives Entrepreneurs. eliminating excessive administrative pressure and unreasonable The Project Office, which comprises the representatives expenses of economic entities and market entities, creating of all participating countries, exercises coordination, favorable conditions for the development of cross-border trade monitoring and control of activities related to elaboration of within the EAEU. initiatives, which the parties or businesses propose as part of the EAEU Digital Agenda. The Office is headed by the Chairman of the EEC Board. Regulatory Impact Assessment (RIA) The Office offers expert platforms, where initiatives Public Consultation Office are analyzed, statements of work for upcoming Regulatory Impact Assessment is a mandatory stage of elaborating draft decisions of the Commission, which may of competition and antitrust investigations are formed and the sources of influence the business environment. funding such investigations are determined. regulation unit of the EEC From April 1, 2015 till August 31, 2018, as part of public discussion of 257 draft EEC decisions, 6,231 objections and was established to increase awareness of the business proposals were received, which on average makes 24 comments per draft document. At the same time, share of community representatives of the Union Member objections and proposals consideration filed by business community of the Union countries as feedback to the EEC States about the EAEU legislation, methods to protect draft decisions is at a rather high level and on average makes 62.72%, which suggests regulatory flexibility of the their rights and interests. The meeting consists of two EEC departments and appreciation of requirements of business circles. parts — the first one is meant to give explanations, Since establishment of this procedure, 223 RIA reports were prepared containing 911 objections and proposals. answers to the questions. The second part of the The share of considered objections and proposals in RIA reports, in adopted revisions of the EEC decisions in meeting takes the form of individual talks. 2015–2017 equaled 73.6%, which confirms efficient impact of RIA results on the quality of supranational regulation within the EAEU. Meanwhile, following the results of RIA not only separate provisions of draft EEC decisions are amended, but also the conceptual approaches to introduction of supranational regulation within the EAEU are changed considering its impact on businesses of the Union States. EEC | Facts and Figures 2018 EEC Interaction with the EAEU Countries’ Business Community

Key integration achievements according to business community

SINGLE TECHNICAL REGULATION Businesses are free from additional product safety requirements (except for those contained in technical regulations), compliance with additional conformity assessment procedures. They only have to obtain a conformity certificate in any of the FACILITATING EAEU countries in a unified form in PROCEDURES order to be free to trade in the other four Union countries. Facilitating customs and other procedures for carrying out foreign economic activity — reducing time and administrative costs related to crossing external boundaries of MUTUAL RECOGNITION the Union. EQUALITY OF CITIZENS’ RIGHTS TO OF BUSINESS AUTHORIZATIONS EMPLOYMENT Owing to the establishment of Citizens of any EAEU country have single services market in 49 sectors, rights equal to the residents of TAX entrepreneurs may work in these spheres any other Member States upon DEFERMENT at the markets of the Union’s countries employment; there are no quotas without restrictions, exceptions and Indirect tax deferment on agreements with employers; no 72 additional requirements and conditions; up to 50 days. Previously, additional authorization documents 73 without additional incorporation in the form tax had to be paid at the have to be obtained. The citizens of a legal entity; based on the services cross-border point. are entitled to medical services; authorization obtained in their countries; diplomas are mutually recognized for with tacit and unconditional recognition the absolute majority of specialties; of personnel qualifications. children of the working population DECREASING TAX BURDEN ON are entitled to attend pre-school BUSINESSES establishments and schools. Prior to accession to the Union, VAT was assessed based on the value of goods plus the value of expenses related to the transportation of such goods. Currently, according to the EAEU rules, tax is assessed solely on the value of goods EQUAL TREATMENT under the agreement as early FOR INVESTORS as at the cross-border point. Treatment for investors from the Member States supposes national treatment and the most favored nation treatment in each EAEU country and is chosen by investor depending on the preferred treatment. EEC | Facts and Figures 2018

EEC Interaction with the EAEU Countries’ Expert Community

The Eurasian Economic Commission works on developing cooperation with expert, scientific and educational community of the EAEU States. Integration processes within the Eurasian space are dynamic and versatile and cannot be achieved without highly qualified multidisciplinary experts.

December 2017. At the opening of the Third International Business Game EAEU Model at the Higher School of Economics Interaction formats and directions

Joining the Commission’s Participation in work of the Participation in research Information exchange 74 expert pool Scientific and Expert Council and development work with the Commission 75 To join the Commission’s expert pool, you should under the Chairman of the Announcements on holding competitions For a regular mutually beneficial interaction send your CV specifying full name, title, place of Commission’s Board for research and development works (receipt of materials from the Commission for work, academic degree and area of competence are posted on the official website of the review and informing the EEC) you should send as well as examples of publications to the e-mail The Scientific and Expert Council is a discussion platform Commission in the Bidding section. an application in an official letter to the e-mail address of the analytical support unit of the EEC for regular negotiation of trends and challenges addresses of the EEC Organizational Support and Organizational Support and Protocol Department of global economy development, efficient models Protocol Department [email protected] [email protected]. and forms of integration, best practices of regional and [email protected] with specification associations in part of supranational regulation, mid- of subjects and formats of information exchange Experts, under the Commission’s decision, may be and long-term prospects and restrictions of the EAEU which may be proposed by you/your company. invited to take part in events, including high-level economic development relevant for the EAEU. events and to participate in sessions at international The submission of such materials by the forums. Travel expenses are funded by the sending Experts that joined the expert pool of the Commission Commission is possible through: event digest of the party. are invited to take part in the meetings of the Scientific Commission; individual analytical and information and Expert Council. The list of participants of each materials (at the Commission’s discretion); session is determined by the Commission on RSS subscriptions for newsletters of field-specific a case-by-case basis. sections of the Commission’s official website containing the necessary materials.

June 2017. Panel session European and Eurasian Integration: Intersection Issues under Saint Petersburg Economic Forum EEC | Facts and Figures 2018 International Cooperation

International The Agreement on Trade and The Memorandum of Economic Cooperation was Cooperation was concluded Cooperation concluded

The Agreement on the Free The Agreement on the Free Regional economic cooperation is a key trend in the global economy Trade Area is planned Trade Area was signed development, the future whereof is largely dependent on the efficiency of global dialogue of integration formations and on their intrinsic stability. Therefore, seeking to take the most favorable in the new structure of global The status of the EAEU The Interim Agreement leading economic system that is now forming, the Eurasian Economic Union Member observer was granted to formation of a free trade area States are developing their economic integration project.

Faroe Islands

The Treaty on the Eurasian personality and shall be entitled of its participants at the Economic Union dated May 29, to enter into international highest international level. 2014 officially registered the treaties with other parties to The Treaty on the EAEU once EAEU as a fully legitimate party international relations and to again confirmed commitment to global economic relations assume obligations according of its participants to the and became a solid foundation to its status of international objectives and principles for building up international organization. of the Charter of the communications between United Nations as well as the Union and other parties The Treaty on the Eurasian other generally accepted to international relations — Economic Union in accordance principles and regulations of Moldova third countries, integration with Article 102 of the Charter international law. The Eurasian Mongolia associations and international of the United Nations was integration project not only Serbia 76 organizations. The Eurasian registered with the United acquired legal independence 77 Greece Economic Union, as an Nations Secretariat on July 24, and internationally recognized South Korea international organization of 2015. The registration of the influence but also became an Iran China regional economic integration, Treaty ensures publicity and active and appreciated actor Jordan Israel exercises international legal transparency of arrangements of international relations. Morocco

Egypt India Cuba

Vietnam Cambodia

Singapore Columbia

Ecuador

Andean Peru Community

Bolivia EEC | Facts and Figures 2018 International Cooperation

Geographical directions of international Republic of Vietnam. Negotiations suppliers from the Eurasian Volumes of trade of the EAEU countries started in 2013. The delegation Economic Union countries with the People’s Republic of China cooperation of the EAEU headed by the EEC for more than 58% tariff lines Minister for Trade held eight of the common commodity USD 45.3 bln rounds of negotiations and on nomenclature. The import CIS Three meetings of joint working The Secretary General of the May 29, 2015, the agreement was customs duty rates for the USD 57.4 bln group for interaction between ASEAN Le Luong Minh also signed at the level of chairmen remaining 30% of the commodity One of the first steps of the Commission and the Republic supported the idea of subsequent of governments of the EAEU nomenclature are to be reduced international cooperation of the of Moldova established to consolidation between States and Vietnam as well as by to 0% within the transition Commission was to establish implement the memorandum entrepreneurial communities of the Chairman of the EEC Board. period. Currently, preferential contacts with the Permanent were held. Thanks to such format, the countries participating in the After completion of the necessary trade treatment enabled to

Committee of the Union State Moldavian businesses had an two associations. procedures, the Agreement on considerably boost supplies to THE PEOPLE’S of Belarus and Russia and the option of direct dialogue with Free Trade with Vietnam entered Vietnam of such EAEU’s goods as REPUBLIC Executive Committee of the CIS. the Commission’s representatives The issue of institutionalizing the into force on October 5, 2016. wheat, corn, fowl, certain types OF CHINA In late 2017, the Commission on the issues of mutual access Commission’s cooperation with of trucks, medicinal products, etc. commenced preparation of of goods. They also received the ASEAN is being elaborated; The Agreement on Free Trade Decrease in customs duties by the new memorandum with reliable information on the EAEU the final stage implies approval of between the EAEU and Vietnam the Vietnamese party facilitated the Executive Committee of and prospects opened upon the relevant Draft Memorandum comprises all directions of trade increase in competitiveness of the CIS, which would enable operation in a single Eurasian of Understanding. and economic cooperation. these products. enhancement and development market. Besides reduction of import Import Export of the provisions of the In May 2018, within Saint customs duty rates, it enshrines Vietnam is an attractive market document signed in 2012. Asia-Pacific Petersburg International parties’ obligations in the sphere with the population of about 90 Economic Forum, a business of SPV measures, technical mln people. It takes an active part the EAEU increased from 15.4% The Commission takes an Region lunch of the EAEU–ASEAN took regulation, the protection of in the development of production in 2016 up to 16.2% in 2017. active part in actualization place attended by representatives rights to intellectual property, and supply chains in the Asia- and improvement of rules The ASEAN of official circles and leading establishes unified principles Pacific Region. Deepening trade During 2017, the goods turnover determining the goods origin business associations of the for protecting competition, and economic relations with between the Union and China for the purposes of free trade The Commission works to ASEAN and the Union States. and determines the directions Vietnam enables manufacturers increased by 30.7% up to USD under the Agreement on Free establish relations with the of cooperation in the field and suppliers of the Union’s 102.7 bln. The increase, for Trade of 2011. It also secures ASEAN. In 2014, the meeting of the of sustainable development, countries to get access to the the most part, was attributed representation of the EAEU Chairman of the EEC Board with Vietnam e-commerce as well as the already established production to growth in the EAEU export in economy-related events the Secretary General of ASEAN Le sphere of public procurement. and supply chains in the APR. volumes by 37.7%, the import, in 78 in the CIS Member States, Luong Minh took place in Moscow. In May 2015, the EAEU entered into The agreement increases turn, increased by 25.6%. 79 holds EAEU presentations for In the same year, the EEC Minister the first full-fledged Agreement predictability of trade regulation Receipt of duty-free access to representatives of official and for Trade participated in the on Free Trade with the state of to a great extent and creates Vietnamese market also creates In 2012, two Memoranda of business circles and expert discussion of economic agenda Asia-Pacific Region — the Socialist conditions to increase and to prerequisites for export growth Cooperation with the Chinese community. of the Russia–ASEAN dialogue diversify goods turnover within of those goods, which were not Ministry of Commerce were for the first time. In 2015, the EEC Volumes of trade of the EAEU countries a free trade area. The document previously supplied because of signed: on the issues of trade took part in a business forum with with the Socialist Republic of Vietnam also stipulates for insurance higher price, inter alia related to and cooperation in the field of Moldova the ASEAN, following the results mechanisms against unfair rather high customs duty. application of anti-dumping, whereof a valid interest of regional competition and uncontrollable countervailing and special In April 2017, the Memorandum entrepreneurs to the EAEU market USD 2.3 bln import growth. The Protocol was signed between safeguard measures. During of Cooperation was concluded was recorded. central customs bodies of the 2013–2014, owing to regular with the Republic of Moldova. The document also includes Union States and Vietnam on expert consultations, the The Presidents of the EAEU In 2016, a new stage of interaction USD 3.7 bln obligations related to mutual electronic exchange of customs parties managed to promptly countries welcomed the with the ASEAN commenced. On liberalization of trade in information. On October 5, 2018, resolve a number of controversial application of Moldova for the May 19, 2016, the Chairman of the services, making investments experimental exchange for issues in mutual trade at the initial status of the Union’s Observer EEC Board at the plenary session and movement of individuals. certain commodity groups starts stage. At the same time, interests State. In May 2018, Moldova was of Russia–ASEAN Business Forum Initially, they apply solely to based on the Union’s Integrated of both the manufacturers of the assigned the status of the EAEU in Sochi declared the necessity of mutual relations between Russia Information System. Union’s countries and Chinese

Observer State. Representatives developing cooperation between THE SOCIALIST and Vietnam. However, the other exporters were considered. of the state with such status the Commission and the ASEAN. REPUBLIC countries of the Union also have may attend, upon an invitation, In his opinion, an effective format OF VIETNAM an opportunity to subsequently The PRC In May 2015, the Presidents the meetings of the EAEU of interaction could include join the same. of the Eurasian Economic Union governing bodies without exchange of information on At present the People’s Republic States adopted a decision on the right to participate in issues of interest for businesses Immediately after the agreement of China is the key foreign trade the initiation of negotiations decision-making and obtain the in the spheres of trade, technical entered into force, Vietnam partner of the Union States in the with China for concluding non-confidential documents regulation, customs regulation cancelled (“reduced to zero”) Asia-Pacific Region. The share the Agreement on Trade and adopted by the Union’s bodies. and reduction of barriers. Import Export import customs duties for of China in goods turnover of Economic Cooperation. EEC | Facts and Figures 2018 International Cooperation

The official negotiations including Cooperation India Narendra Modi also held In September 2016, a joint group Volumes of trade of the EAEU States with commenced in the first half of 2016. Institutions, Transparency of Law India a meeting within the Forum. consisting of the representatives the Republic of Singapore and Law Enforcement, Trade The parties discussed the of scientific communities of the A new impulse to deepening Remedies, Customs Cooperation In the years 2015–2016, the joint consolidation and development EAEU countries and the Republic USD 3.4 bln interaction between the EAEU and Facilitating Trade Procedures, research group worked to get of economic relations. of Korea completed its work. and the PRC was given by the visit Competition, Public Procurement, an insight into the expediency It was done to determine the USD 1.2 bln of the Chairman of the Eurasian Electronic Trade, Intellectual of concluding the Agreement optimal format of developing Economic Commission’s Board, Property, Technical Barriers to on the Free Trade Area of the Mongolia trade and economic cooperation Tigran Sargsyan to China, in Trade, Sanitary and Phytosanitary EAEU with the Republic of between the partners. The August 2016, where he met the Measures and Branch-Wise India. The results demonstrated In June 2015, the Memorandum of results were included in First Vice Prime Minister of the PRC Cooperation. prospective benefits of transition Cooperation was signed between the report of the group on State Council Zhang Gaoli. Upon to a free trade regime — both the EEC and the Mongolian determining expediency of Zhang Gaoli’s proposal, the parties Signing of the agreement became import and export transactions Government to promote conclusion of the Agreement have, inter alia, agreed to work the first serious and cornerstone are expected to increase by development of comprehensive on the Free Trade Area. It was over the creation of a data bank step within the concept 18%. Based on the work results, cooperation between the drawn up simultaneously with THE REPUBLIC under the projects of common implemented by the Union for a decision was adopted at the EAEU States and Mongolia, to the appropriate consultations OF SINGAPORE interest for China and the Union integration with the Chinese One meeting of the Supreme Eurasian implement measures eliminating at the official level. In 2017, the Member States. Belt and One Road Initiative. It Economic Council in December barriers inhibiting development report was submitted to the will set the appropriate direction 2016 on the commencement of of mutual trade. Commission’s Council. On May 17, 2018, in Astana, the for subsequent cooperation and negotiations for the conclusion of Chairman of the Eurasian Economic development. the Agreement on the Free Trade To implement the memorandum, Commission’s Board, Vice Prime Area with India. three meetings of the working Cambodia Ministers of the EAEU Member The Commission also works to group were held. The interaction Import Export States and the representative of arrange for information exchange In June 2017, under Saint on the issues of trade regulation In May 2016, during the meeting the People’s Republic of China, with the People’s Republic of Petersburg International is deepening. of the Chairman of the EEC, in the course of international China, which commenced in 2012. Economic Forum with Indian Board Tigran Sargsyan with the negotiations, signed the partners, a joint declaration On October 4, 2017, the Business Prime Minister of the Kingdom course of the meeting of the Agreement on Trade and Economic Currently, the negotiations for on the commencement of Forum Mongolia and the EAEU of Cambodia, Hun Sen, the Chairman of the EEC Board, Tigran Cooperation between the EAEU conclusion of the Agreement negotiations was signed at 2017 was held in Ulaanbaatar. Memorandum of Understanding Sargsyan with the Prime Minister and the PRC. It is a milestone on the Exchange of Information ministerial level, the Chairman of Branch-wise cooperation of between the Commission and the of the Republic of Singapore, Lee regulating the entire structure of about Goods and Vehicles for the EEC Board Tigran Sargsyan the country with the EAEU has Government of the Kingdom of Hsien Loong. relations and creating the base for International Transportation with the Prime Minister of also been intensified for the Cambodia was signed. 80 subsequent progress in the field of Moved Across the Customs issues of technical regulation, Based on the decision of the 81 facilitating trade and eliminating Borders of the Union and the PRC SPV measures and transport The meetings of the working Supreme Eurasian Economic non-tariff barriers that restrict is continuing. Implementation Volumes of trade of the EAEU countries infrastructure. group take place once a year in Council adopted in December mutual access to the markets. of the document will enable with the Republic of India the context of its implementation. 2016, negotiations for the more efficient monitoring of A business forum was held in development of the Agreement on The agreement is a basic commodity flows crossing the USD 7.5 bln The Republic of Korea December 2017 attended by the Free Trade Area between the document determining EAEU customs borders, improved the representatives of business EAEU and Singapore were initiated fundamental principles and rules conditions for control over In October 2015, the Memorandum circles from the Union States and in 2017. of trade in goods between the imports of Chinese goods as USD 3.3 bln of Cooperation was signed Cambodia. In May 2018, a regular Union, as a single entity, and well as their transit across the between the Commission and meeting of the working group Negotiations cover the issues China. Moreover, totally new common customs territory of the the Public Procurement Service was held, where special attention of the transition to both the formats of cooperation were Union. Information interaction of the Republic of Korea. The was paid to particular aspects of regime of free trade in goods and created under the agreement will promote fair practices in document stipulates for exchange business activity within the EAEU, preferential terms of cooperation according to the so-called trade, exert salutary influence of experience in the sphere of functioning of single services between the EAEU States and branch-wise agenda stipulating over the general economic public procurement regulation in market as well as investment Singapore in the sphere of for interaction within specific status of the Member States. In general and improvement of the opportunities of Cambodia. services and investments. economy branches enabling particular, regular exchange of public e-procurement system, in to implement joint investment data about the goods moved particular. THE REPUBLIC OF projects, for instance, in the from the PRC to the EAEU and INDIA Singapore Middle East sphere of transport, energy, vice versa will increase the Moreover, on November 30, 2015, agriculture etc. It should be degree of trust between the the Memorandum of Cooperation In 2015, the dialogue between the noted that the agreement is countries being parties to the was signed between the Eurasian Commission and the Government Israel not preferential — trade duties agreement. It will also decrease Economic Commission and of the Republic of Singapore was remain unchanged. the supplies of counterfeit the Ministry of Industry, Trade initiated, with the format of the The State of Israel is one of the products as well as accelerate and Energy of the Republic of Memorandum of Understanding strategic trade and economic The document comprised the customs operations and customs Korea for a wide range of trade chosen as its first stage. The partners of the EAEU States in the packages of arrangements control. Import Export interaction issues. document was signed in the Middle East. EEC | Facts and Figures 2018 International Cooperation

Volumes of trade of the EAEU States with for export to Iranian market for and supplies of Iranian goods Volumes of trade of the EAEU countries The commencement of the the State of Israel a number of key agricultural to the Union’s market (increase with the Arab Republic of Egypt dialogue was announced by The Faroe Islands and industrial branches of the by 29.8%) were growing at a the representative office of USD 1.9 bln EAEU countries, not only due fast pace. USD 6.3 bln the European Commission at In August 2018, the Memorandum of to reduction of customs duties the meeting of the Permanent Understanding was signed between but also by applying legal Committee of the OSCE in the Eurasian Economic Commission USD 0.9 bln guarantees assumed by Iran. Jordan USD 0.6 bln October 2017 in Vienna. and the government of the Faroe First and foremost, these are Islands. The document is a result obligations by Iran to create the On September 20, 2017, the of continuous negotiations of the goods from the EAEU States of Memorandum of Cooperation Greece Commission with the Faroe party basic conditions stipulated by was signed with the and reflects the disposition of the the World Trade Organization Government of the Hashemite On June 24, 2017, the Joint partners towards deepening of the (WTO), in which Iran does not Kingdom of Jordan, in the Declaration on Cooperation of the full-fledged cooperation. A joint hold membership. context of its implementation Eurasian Economic Commission working group will be created under the first session of the working and the Government of the the memorandum, which will enable Positive economic effects from group is planned and the Hellenic Republic was signed. further promoting joint contacts. THE STATE OF THE ARAB ISRAEL preferential trade regime may meeting on business affairs. REPUBLIC OF This is the first document become obvious in the near EGYPT institutionalizing cooperation future, as positive dynamics of of the EEC with the government Latin America trade relations development North Africa of the EU Member State. The between the countries enables Declaration stipulates for Government and business circles constant increase in commodity interaction under an extensive of Latin American countries show flows. Thus, only in the first half Morocco economic agenda taking into vivid interest in the processes of of 2018, goods turnover of the consideration the EEC competence Eurasian Economic Integration and Import Export EAEU with Iran increased by 24% In September 2017, the Import Export and obligations of Greece arising opportunities opened for business as compared to the similar period Memorandum of Cooperation out of the European Union to enter the single EAEU market. of the previous year having was signed between the legislation. A demand for deeper and systemic On April 23–24, 2018, the reached USD 1.4 bln. At the same Eurasian Economic Commission interaction with the Commission is parties held the first round time, both export supplies of the and the government of the Europe On September 11, 2017, the recognized. of negotiations to boost the EAEU to Iran (increase by 21.2%) Kingdom of Morocco. The Business Forum EAEU–Greece — conclusion of the Agreement memorandum is focused on EU New Bridge for Cooperation on the Free Trade Area. The formalizing the relations of and Development took place Chile 82 document on the approaches to the EAEU States and Morocco One of the priorities of the in Thessaloniki with the active 83 negotiations for the conclusion Volumes of trade of the EAEU countries and promotes expansion Eurasian Economic Commission is participation of business circles of The Republic of Chile had shown of the agreement was signed with the Islamic Republic of Iran and diversification of trade building interaction between the the EAEU countries and Greece. its interest in Eurasian integration within its framework. The connections, investment, Eurasian Economic Union and the even before the EAEU was launched. document determines the technological and innovative European Union. Relevance of this In June 2015, the Memorandum of USD 2.0 bln spheres of interaction and interaction. dialogue is stipulated by the fact Serbia Understanding was signed with contains a number of important that the EU is the largest trade and this country. Cooperation with arrangements for further work USD 0.7 bln economic partner of the EAEU. Based on the Decision of the Chilean partners has been actively and negotiation format. Egypt Following the results of 2017, Supreme Eurasian Economic developing since then. In December the EU’s share of foreign trade Council, negotiations were 2018, the 4th meeting of the joint In 2016, the decision was turnover of the EAEU is 46.23%. initiated for unification of trade working group will take place. In the Iran adopted at the meeting of the As of Q1, 2018 — 49.24%. regime with the Republic of Serbia. context of the meetings, a workshop Supreme Eurasian Economic for the exchange of experience for The Interim Agreement leading Council to commence The work in a bilateral format is Belarus, Kazakhstan and Russia concluding the FTA agreements to formation of a free trade area negotiations with the ongoing with the European States have already entered into bilateral took place in Moscow, whereas the was signed with the Islamic Arab Republic of Egypt on showing interest to cooperation free trade area agreements workshop for SPV and technical Republic of Iran, whereby conclusion of the Agreement with the Union: the Slovak with Serbia. However, no such regulation of the Union was held in import duties will be reduced or on the Free Trade Area. Republic, the Czech Republic, the agreements exist with Armenia Santiago for business circles of the abolished for a restricted group THE ISLAMIC Italian Republic, etc. and Kyrgyzstan. Chilean partners. REPUBLIC OF of “early harvest” goods that are IRAN In December 2017, technical of high export interest for both consultations with the The Commission is actively In September and December parties. representatives of the Egyptian cooperating with the European 2016, consultations were held with Peru party were held to determine business circles, powerful European Serbian partners for preparation The Interim Agreement with Iran the terms and subsequent centers and the expert community. to the proposed negotiations. In The memorandum with the Republic is the first step towards forming work format. The first round of In 2017, cooperation between the December 2017, the first round of of Peru was signed in October 2015. In large-format free trade area. it negotiations is scheduled for EEC and the European Commission negotiations was held; the next autumn 2018, the second meeting of will ensure privileged conditions Import Export the second half of 2018. was started at a technical level. round is scheduled for 2018. the joint working group is scheduled. EEC | Facts and Figures 2018 International Cooperation

The EEC is actively cooperating Union States and building direct Association of Caribbean States, Thus, the Common Customs Tariff the Kyrgyz Republic having Its provisions were considered upon with the Peruvian embassy contacts with the Commission the Latin American Integration of the Customs Union (CCT CU) a more extended history of improving customs regulation in in Moscow, assists in the is also expressed by the United Association (LAIA) and the was brought into compliance with WTO membership. Taking into the Eurasian Economic Union. development of business activity Mexican States, the Argentine format of interaction with tariff obligations of Russia. consideration earlier accession of of Peru not only with the Russian Republic, the Federative the Pacific Alliance are being Armenia and Kyrgyzstan to the The work is carried out within business community but also Republic of Brazil. elaborated. Taking into consideration WTO as compared to Russia or the Union for optimizing internal with business circles of the other substantially similar obligations of Kazakhstan, their obligations did interaction of the Member States Union States. Kazakhstan and Russia in the WTO not fall beyond the scope of basic and the Commission for certain Andean Community Ecuador (except for tariff concessions), regime obligations stipulated WTO issues. The Procedure for no amendments needed to be by the WTO agreements and Interaction between the EAEU Cuba Cooperation with regional In November 2017, the introduced to the Treaty on already recorded in the regulatory States and the Eurasian Economic associations of Latin America is Memorandum of Understanding the EAEU after the Republic framework of the Union. Commission on the issues of Expanding geography of developing. In March 2017, the was signed between the EEC and of Kazakhstan had acceded to international trade disputes with international interaction, in late Memorandum of Understanding the Ministry of Foreign Trade of the organization. As far as tariff Meanwhile, after accession to third countries was adopted. May 2018, the EEC signed the was signed between the EEC the Republic of Ecuador for trade obligations are concerned, as the the Union, Armenian and Kyrgyz Memorandum of Understanding and the General Secretariat and economic cooperation. In Kazakhstani obligations are lower parties started to apply the Since 2017, the Commission as with the government of the of the Andean Community. July 2018, the first meeting of to those stipulated by the Russian Common Customs Tariff, which is agreed with the parties has been Republic of Cuba. Memoranda with South the joint committee was held, Federation, a joint decision of allowed by the WTO (Article XXIV preparing draft notifications on American Common Market where the parties discussed the the EAEU States was adopted of the GATT) in case of accession the measures of tariff regulation at Interest in developing trade and (MERCOSUR), the Caribbean extensive agenda for mutually not to integrate the Kazakhstani of a member of the organization the EAEU level in compliance with economic relations with the Community (CARICOM), the beneficial trade development. obligations into the Common to the Customs Union. For the the Guide on Interaction between Customs Tariff and to provide for purposes of securing compliance Authorized Authorities of the exceptions from it for Kazakhstani by Armenia and Kyrgyzstan with Eurasian Economic Union States and side. their obligations under the WTO, the Eurasian Economic Commission procedures for review of tariff on the issues of preparing draft Cooperation with international To secure application by Kazakhstan obligations of the two countries notifications to be submitted to the of exceptions from the CCT within in the WTO were initiated in World Trade Organization. organizations the EAEU, the Heads of Member accordance with Articles XXIV and States concluded the Protocol XXVIII of the GATT. This work secures prompt In the issues of international the World Organization for The key objective of the on Certain Issues of Import and information exchange between activity of the Eurasian Economic Animal Health (OIE), the Commission in this direction Circulation of Goods on the Decisions on the creation of the authorized authorities of Union, the EEC also actively International Union of Railways is to use experience and best Customs Territory of the Eurasian single negotiation delegations for the Member States and the 84 interacts with international (UIC), Coordinating Council on world’s practices of international Economic Union in October reviewing tariff obligations were Commission as well as uniformity 85 organizations and institutions. Trans-Siberian Transportation organizations to meet the 2015. The Protocol stipulates for adopted with participation in each of notifications submission to the (CCTT), the World Intellectual challenges of the Eurasian the possibility for Kazakhstani of them of the representatives WTO by the EAEU States being the Organizations engaged in the Property Organization (WIPO) Economic Union. The majority participants of foreign economic of all the Member States and the WTO members. dialogue with the Commission and others. of the dialogue routes are based activities to import the goods with Commission. include: the World Trade on memoranda of interaction, the tariff obligations of Kazakhstan Supporting the Organization (WTO), the Shanghai In 2014, the EEC was granted cooperation and understanding. therefore being below the CCT for Currently, the EEC secures Cooperation Organization the status of permanent WIPO both the WTO and the CCT rates. compliance of measures taken EAEU’s exports (SCO), the Organization for observer, in 2016 — the status The EAEU law, as well as the in the sphere of foreign trade Supporting exports is the main Economic Cooperation and of IOM observer. Since 2016, preceding law of the Customs At the same time, a condition has regulation: anti-dumping, direction in the development of Development (OECD), the the EEC has participated in Union and the Common been stipulated that the goods countervailing and special the EAEU countries’ economies. World Customs Organization events related to the second Economic Space, was developed imported at WTO rates shall be safeguard measures, sanitary In 2017, the Working group on (WCO), Eurostat, European and economic basket of the OSCE in compliance with regulations used solely for consumption in the and phytosanitary requirements, the issues of financial support of Mediterranean Organization for and was introduced as a guest and principles of the World Trade Republic of Kazakhstan and may technical regulations and other exports prepared its proposals Plant Quarantine and Protection, of honor at the consultations of Organization. not freely circulate on the territory measures with the WTO rules and for supporting exports by export International Organization for the organization’s Ministers of of the entire Union. Exceptions from regulations. credit agencies of the Union Migration (IOM), the International foreign affairs. In October 2017 After accession to the WTO of one the CCT enabled Kazakhstan to fully States. Those were considered at Aviation Committee (IAC), the the Chairman of the EEC Board, of the CU and the CES States — perform its obligations in the World Issues discussed in the WTO and the meeting of the Commission’s International Road Transport Tigran Sargsyan delivered a the Russian Federation — the Trade Organization until they are related to the sphere of Union’s Board and Council. Union (IRU), Organization for statement at the meeting of Treaty on Functioning of the reviewed as a result of negotiations regulation are considered at the Co-operation between Railways the Permanent Council of the Customs Union was concluded as in the WTO. Meanwhile, exceptions Commission’s platform. Thus, In August 2017, the Memorandum (OSJD), the International Civil OSCE at the organization’s part of multilateral trading system from the CCT preserved a higher analysis of the WTO Agreement of Cooperation was signed in Aviation Organization (ICAO), headquarters in Vienna. stipulating for the guarantee of level of tariff shelter of the Union in for Facilitating Trade Procedures Astana between export credit the International Air Transport compliance by the Union with its entirety. approved by the members of the agencies of the Eurasian Economic Association (IATA), the Secretariat The fulfillment of obligations of both the basic WTO principles and organization by the end of 2013 Union countries at the venue of of the International Plant the EAEU States with regard to obligations of the association’s In 2015, the Union was joined and introduced on February 22, the International Exhibition Forum Protection Convention (IPPO), the WTO at a supranational level. separate participating countries. by the Republic of Armenia and 2017, was conducted in the EEC. Eurasian Week. EEC | Facts and Figures 2018 Forms of International Cooperation

Forms of OBJECTIVE Reducing customs duties or their setting to zero for certain goods.

International CONDITIONS An application is filed to the EEC at the initiative of an EAEU State, member of the Commission’s Council or a foreign state. After consideration of the Free trade area application and preliminary analysis, the Joint Research Group starts its the Cooperation agreements work. It holds an in-depth economic analysis of prospects of the agreement and prepares a report. Based thereupon, the Presidents of the EAEU adopt a decision on the commencement of negotiations.

MAY BE SIGNED: ÐÐ with foreign countries; OBJECTIVE ÐÐ with regional integration associations. Creating the platform for comprehensive assistance in development of trade and economic cooperation, identification and elimination of barriers to trade. OBJECTIVE CONDITIONS Obtaining advantages as compared to third countries, in particular, the right to attend the meetings of the EAEU bodies and to promptly receive the Memorandum of At the initiative and with the mutual interest of the parties, the draft memorandum is prepared to be signed in case of documents adopted by the EAEU bodies. May be considered as a basis for Cooperation or approval by the Commission’s Board. potential full membership. Understanding CONDITIONS MAY BE SIGNED: Observer State Any State is entitled to apply to the Chairman of the Supreme Eurasian ÐÐ with foreign countries; status Economic Council with a request to be granted a Union’s Observer State status. The Supreme Council adopts a decision taking into account the ÐÐ with regional integration associations; interests of integration development and achievement of objectives of the ÐÐ with international organizations, including organizations of Treaty on the EAEU. 86 the UN system. 87 MAY BE OBTAINED: ÐÐ by foreign countries.

OBJECTIVE Creating full-format institutional framework of cooperation. May be considered as a basis for potential transition to the OBJECTIVE preferential trade regime. Creating conditions for stable development of economies of the Member States to increase the living standard of their population; aspiring to form single goods, services, capital and labor market within the Union; CONDITIONS comprehensive modernization, cooperation and increase in competitiveness Non-preferential An application is filed to the EEC at the initiative of an EAEU of national economies under global economy conditions. State, member of the Commission’s Council or a foreign State. trade agreements After consideration of the application and preliminary analysis of economic expediency, the Presidents of the EAEU States Full membership adopt a decision on the commencement of negotiations. CONDITIONS An interested State sends an application to the attention of the Chairman of the Supreme Eurasian Economic Council. The Supreme Council adopts a MAY BE SIGNED: decision on granting a status of nominee member of the Union by consensus. A working group is formed, a road map is developed, following the results ÐÐ with foreign countries; of compliance by the nominee State with the road map conditions, the ÐÐ with regional integration associations. SEEC adopts a decision on signing the international treaty on accession to the Union. The State becomes a full member of the EAEU from the date determined in the international treaty on the accession.

MAY BE OBTAINED: ÐÐ by foreign States. EEC | Facts and Figures 2018 Single and Common EAEU Markets

Single and Common Common EAEU Markets financial market

Common medical Common Single devices market gas market services market

Common oil and petroleum products market

Single goods market 17 agreements Common forming the Common Common medicinal Economic Space labor market products market and determining 88 the procedure 89 for formation of Common Common common (single) electric transport services markets power market market

2010 2012 2015 2017 2019 2025 EEC | Facts and Figures 2018 Single and Common EAEU Markets

Freedom of SERVICES Freedom of GOODS Freedom of goods movement movement movement Single non-tariff regulation Common customs territory measures

No customs control at inner bound- Single technical regulations aries

Single Commodity Nomenclature of Foreign Common Customs Tariff Economic Activity (CN FEA)

Single Customs Code

Freedom of capital movement

Harmonized requirements to Mutual recognition of licenses in banking regulation and supervision in the and insurance sectors as well as sector of sphere of financial markets of the services at the securities market Member States Creating conditions for the development Forming infrastructure to secure of financial technologies and support of better availability of financial innovations at financial markets services The Four Providing financial services Administrative cooperation between throughout the entire Union without authorities of the Member States, the need for additional incorporation in particular, by way of information Freedoms as a legal entity exchange 90 91 in the EAEU Freedom of labor movement

Free emergency medical services No requirements for a work permit

Settlement of issues of the periods of Providing fringe benefits temporary stay of citizens

The right of children to receive Direct recognition of documents education confirming education

Items on the agenda include preparation National personal income taxation of the Agreement on Pension Benefits of treatment the Working Population.

Effects of ÐÐ growth in employment in the EAEU States; common labor ÐÐ increase in the level of social security; market: ÐÐ decrease in the level of illegal migration. Freedom of LABOR Freedom of CAPITAL movement movement EEC | Facts and Figures 2018 Single and Common EAEU Markets

Freedom of services movement 49 service sectors are functioning in a single General construction Retail sales Landscape Business Hotel Catering market regime services and wholesale design consulting business etc. services

IT services Sound Photo recording services

14 service sectors will commence functioning in a single market Services of tourist Accounting Surveying Research Construction services regime in compliance agencies and reporting services, etc. and development at highly dangerous with liberalization plans services and technically until 2021 challenging facilities

92 93

Service sectors outside the single market Services of patent Housing and public Educational services Mass media attorneys utility services services, etc. For service sectors without a common market, only common treatment shall apply, which includes national treatment and the most favored nation treatment.

ÐÐ supplier of services from one EAEU country works in the other EAEU countries based on the authorization for supply of services obtained by it in its own State with tacit and unconditional recognition of professional qualifications of personnel of the services supplier. EEC | Facts and Figures 2018

Contacts of the Eurasian Economic Commission

Chairman of the Board Member of the Board — Minister in charge of Tigran Sargsyan Energy and Infrastructure Reception office: Emil Kaikiyev +7 495 669 24 44 Reception office: +7 495 249 25 25 Member of the Board — Minister in charge of Integration and Macroeconomics Member of the Board — Minister in charge of Tatyana Valovaya Competition and Antitrust Regulation Reception office: Marat Kussainov +7 495 669 24 06 Reception office: +7 495 669 24 14 Member of the Board — Minister in charge of Economy and Financial Policy Member of the Board — Minister in charge of Timur Zhaksylykov Internal Markets, Informatization, Information and Communication Technologies Reception office: Karine Minasyan +7 495 669 24 07 Reception office: +7 495 669 25 55 Member of the Board — Minister in charge of 94 Industry and Agriculture Alexander Subbotin General e-mail address of the EEC: Reception office: [email protected] +7 495 669 24 08

Member of the Board — Minister in charge of Trade Veronika Nikishina For mass media: Reception office: [email protected] +7 495 669 24 09 For work with expert community: Member of the Board — Minister in charge of [email protected] Technical Regulation Viktor Nazarenko Our website: Reception office: http://www.eurasiancommission.org +7 495 669 24 11

Member of the Board — Minister in charge of Customs Cooperation Mukai Kadyrkulov Reception office: +7 495 249 25 00