Belarus to be first to preside in EEU

09:05, 25 December 2014

MOSCOW. KAZINFORM Belarus will assume presidency in the Eurasian Economic Union in 2015, Russian President Vladimir Putin said following the session of the Supreme Eurasian Economic Council at the level of the heads of state on 23 December.

The Eurasian Economic Union will become operational on 1 January 2015. Thus, Belarus will be the first country to preside in the EEU, BelTA reports.

Vladimir Putin informed that a substantial package of documents was signed at the session. These documents are designed to strengthen integration and streamline the work of the agencies of the EEU. The partners determined the list of services that will be included in the EEU common market as early as 1 January 2015. The list includes retail and wholesale trade, hospitality, public catering, construction services, agricultural services, etc.

Another two documents signed on 23 December provide that the common market of pharmaceutical and medical products will become operational in the EEU on 1 January 2016. Vladimir Putin noted that the common market of electric power will be launched in 2019 and the common market of oil and gas will become operational in 2025. The common market of finances is also on the agenda.

All in all, two dozen documents were signed at the session.

Eurasian Economic Union Belarus