Belarusian President Alexander Lukashenko has signed a law on the ratification of the Eurasian Economic Union Treaty, TASS agency reported referring to the head of the presidential administration Andrei Kobyakov.
Earlier on Thursday, both houses of the Belarusian parliament voted to ratify the Eurasian Economic Union Treaty. Now that the document is signed by the Belarusian leader, the ratification procedure is finalized.
The Eurasian Economic Union Treaty was signed by the presidents of Russia, Kazakhstan and Belarus on May 29, 2014. The treaty provides for free movement of commodity, services, capital and labour force within the union. It also envisages that the three countries coordinate or pursue common policy in certain economic sectors.