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Single Economic Space Mtg. 20 August 2004

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RFE/RL NEWSLINE Vol. 8, No. 160, Part II, 23 August 2004

BELARUS HOSTS MEETING ON CIS SINGLE ECONOMIC SPACE. On 20 August in Minsk, representatives of Belarus, Kazakhstan, Russia, and Ukraine adopted a list of 29 agreements that the four countries are to draft and sign in order to develop a Single Economic Space (SES), Belapan reported. Kazakh Deputy Prime Minister Sauat Mynbaev told journalists that these accords are to be drafted by the end of the year. "We hope that the sides will manage to sign the first package of agreements by mid-2005," he added. According to Mynbayev, the agreements will provide for a uniform approach to the appraisal of goods, standard rules concerning the origin of goods, uniform principles of policy regarding competition, and the removal of trade quotas. Russian Deputy Prime Minister Viktor Khristenko expressed hope that the next summit of the four countries, scheduled for 15 September, might result in an agreement on the universal use of the country-of-destination principle in trade among all SES participants starting 1 January 2005. "It would be a good step, the first stage of which has already been implemented by Russia and Ukraine," he said. JM

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August 24, 2004 in Recent Developments, SES (RTA) | Permalink

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