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Russia, Belarus And Kazakhstan Agree To Form Customs Union

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  • Russia, Belarus And Kazakhstan Agree To Form Customs Union

    RUSSIA, BELARUS AND KAZAKHSTAN AGREE TO FORM CUSTOMS UNION

    Russia Today
    Oct 6 2007
    Russia

    Russia, Belarus and Kazakhstan have agreed on the legal framework
    for a customs union. The agreement, reached at the Eurasian Economic
    Community summit in Tajikistan's capital Dushanbe, is intended to
    ease tariffs and customs procedures to boost trade.

    In time, other EurAsEC members are expected to join.

    "The legal basis of the customs union has been created. In fact it
    will start functioning after all the procedures are completed, all
    the documents are signed by 2010. It is supposed that as soon as they
    are ready other members of the EurAsEC will join the customs union,"
    Russian President Vladimir Putin commented.

    Meanwhile, members of the EurAsEC have been joined by their Armenian
    counterpart, and have held talks on the Collective Security Treaty
    Organisation (CSTO). The creation of a peace-keeping task force has
    dominated the agenda.

    The CSTO was set up to safeguard the sovereignty and territorial
    integrity of member states. The participants are seeking to deepen
    their military co-operation to effectively counter security threats
    in the region. At the summit they have agreed on a legal framework
    for peacekeeping forces.

    President Vladimir Putin spoke about co-operation of the CSTO with
    the UN.

    "The international contacts have been enlarged recently. This positive
    tendency must be reinforced. Today we have approved a draft to put
    to the UN General Assembly on co-operation between the UN and the
    CSTO. This will be on the agenda of the 62nd session of the UN General
    Assembly. We hope accepting the resolution will help contribute
    to further strengthening of partnership ties of the organisation,"
    the Russian leader said.

    The six nations that form the Eurasian Economic Community are Russia,
    Belarus, Kazakhstan, Kyrgyzstan, Uzbekistan and Tajikistan. The
    organisation's long-term goal is to establish a common economic space.

    At the summit press conference, Mr Putin also announced that Russia's
    former Prime Minister, Mikhail Fradkov, has been appointed head of
    the Foreign Intelligence Service. Mr Fradkov resigned as the head of
    the government in early September. He was replaced by Viktor Zubkov.
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