Documents on Kyrgyzstan accession to EAEU are signed

On May 08, the session of the Supreme Eurasian Economic Council (SEEC) was held in Moscow. The summit was attended by the leaders of the Member States of the Eurasian Economic Union (EAEU) — President of the Republic of Armenia Serj Sargsyan, President of the Republic of Belarus Alexander Lukashenko, President of the Republic of Kazakhstan Nursultan Nazarbaev, and President of the Russian Federation Vladimir Putin, as well as President of the Kyrgyz Republic Almazbek Atambaev. The Eurasian Economic Commission (EEC) was represented by the Chairman of the EEC Board Victor Khristenko.

One of the major outcomes was signing of a range of documents under the Kyrgyzstan accession to the EAEU. In particular, two Protocols determining the features of a transitional period for Kyrgyzstan during accession to the EAEU were signed. Earlier on December 23, 2014, the Presidents of the Republic of Belarus, Republic of Kazakhstan and Russian Federation, on the one part, and the President of the Kyrgyz Republic, on the other part, signed the Treaty on the accession of the Kyrgyz Republic to the EAEU.

As the Chairman of the EEC Board Victor Khristenko said, «all package of documents signed today will be sent for ratification to the EAEU Member States and, in the nearest future, Kyrgyzstan will become a full-fledged member of the Union.» Victor Khristenko stated that during the summit, the Presidents of the EAEU Member States expressed a common wish «not to delay the ratification procedures.» «It is possible to implement this before the height of summer,» — he said.

During the session, the Heads of the States considered issues of customs cooperation, functioning of the EAEU Court, as well as the process of forming the common electric power market that will start operating by 2019.

As the Chairman of the EEC Board said, the electric energy sphere acts as "a pioneer"within the Eurasian integration. "The stages of the creation, goals etc. were elaborated in the concept of forming the common electric power market,"said Victor Khristenko.

The Presidents of the EAEU States also made a decision on the start of negotiations to conclude an agreement with China on trade and economic cooperation.