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CIS member states to speed up creation of customs union

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  • CIS member states to speed up creation of customs union

    CIS member states to speed up creation of customs union

    15:4722/05/2009

    ASTANA, May 22 (RIA Novosti) - Members of the post-Soviet Commonwealth
    of Independent States (CIS) plan to speed up the setting up of a
    customs union between Russia, Belarus and Kazakhstan, a Russian deputy
    economics minister said Friday.
    "The terms on establishing the Customs Union will be amended, and its
    key elements will be introduced from January 2010," Andrei Slepnev
    said at a session of the council of the CIS prime ministers in
    Kazakhstan, adding that members plan to draft and sign a new free
    trade zone agreement by 2011.
    Russian Prime Minister Vladimir Putin arrived in Astana Thursday for a
    meeting of CIS heads of government.
    Slepnev said establishing a customs union would be discussed in a week
    in Minsk, the capital of Belarus. Russia and Kazakhstan signed on
    Thursday a memorandum on creating a customs union during bilateral
    negotiations in Astana.
    "We also agreed on close coordination and communication during
    negotiations within the WTO framework," he said.
    Russia has been negotiating its entry into the World Trade
    Organization for more than 15 years.
    To date, Russia has completed the necessary bilateral negotiations
    with 60 interested countries, but has yet to coordinate positions on
    several issues, including agriculture, export duties for timber, and
    regulation of the activities of some state companies.
    Russia is the world's only major economy still outside the WTO. The
    agreement of all 153 WTO members is necessary for a state to join the
    body.
    Sergei Lebedev, chairman of the CIS executive committee, said Friday
    the CIS premiers also decided to develop joint measures to prevent the
    spread of swine flu.
    The World Health Organization confirmed in its daily report on Friday
    11,168 cases of the virus in 42 countries with 86 deaths.
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