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Eurasian Economic Union

Supreme Eurasian Economic Council OKs Armenia’s accession to EEU

MINSK, October 10. /TASS/. The Supreme Eurasian Economic Council has approved Armenia’s accession to the Eurasian Economic Union. A treaty to this effect was signed at the Council’s meeting in Minsk at the head of state level.

Armenia, alongside Russia, Belarus and Kazakhstan becomes a full-fledged member of the EEU, which will begin to operate as of January 1, 2015.

It is expected that a fifth country, Kyrgyzstan, will join the EEU in the near future. At Friday’s meeting in Minsk, the participating parties signed a statement on a roadmap plan for Kyrgyzstan’s admission to the Eurasian Economic Union as a full member.

As a representative of the Eurasian Economic Commission’s board for integration guidelines and macroeconomics, Tatyana Valovaya, explained to the media, the dates when Kyrgyzstan might join the EEU were hard to forecast at this point, but already now that was very active in its cooperation with the Union.

“I am afraid to mention any dates, but we are already considering Kyrgyzstan as a full-scale participant in our project,” Valovaya said, adding that “many things have to be done together without waiting for a final admission treaty to be signed.” In particular, the roadmap provides for Kyrgyzstan’s compliance with a program for measures to adjust its national legislation to the requirements of a common economic space.

Toward the end of the meeting of the Supreme Eurasian Economic Council the parties put signatures to a statement on the performance of intra-state procedures crucial for the EEU treaty to take effect.

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Armenia Eurasian Economic Union

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