// IP Marketing video - START// IP Marketing video - END

Eurasian Economic Union Treaty to be signed this week

Eurasian Economic Union Treaty to be signed this week

PanARMENIAN.Net - The leaders of Russia, Belarus and Kazakhstan are set to meet on Thursday, May 29 to sign the Eurasian Economic Union Treaty that will finalize the process of establishing a eurozone-like space of ex-Soviet states, the Kremlin said, according to RIA Novosti.

“The creation of this Union will raise its member states to a higher level of integration. The three nations will be committed to guarantee an unfettered flow of goods, services, capitals and workforce, coordinate their key policies, including energy, industry, agriculture and transport. It will finalize the establishment of CIS’s biggest common market (170 million people) that is to become a new economic powerhouse,” the Kremlin said in a statement.

The treaty, to be signed in Kazakhstan’s capital Astana, will come into force on January 1, 2015. The three countries’ leaders are also expected to flesh out various aspects of the existing Customs Union and the Single Economic Space.

Bids from other potential member states will also be considered, including Armenia.

The summit will also consider a roadmap for Kyrgyzstan to join the Moscow-led Customs Union and the Eurasian economic zone.

 Top stories
Mount Maymekh will become a skiing zone under a new project which will attract about $30 million in investments and create some 1600 jobs.
Armenia would become a rock-bottom option in the Eastern European region, maybe in the world, for citizenship through investment.
Cryptocurrency fever seems to have spread to the former Soviet republics with Armenia, the land of Mount Ararat, being one of them.
"There is ample proof that Monsanto's sprays have poisoned our environment contributing drastically to dying off of bees," Tankian said.
Partner news