Russia, Belarus, Kazakhstan to discuss integration within Customs Union

Azerbaijan, Baku, Nov 12 /Trend E. Kosolapova/

The heads of the Customs Union member states will discuss the current issues of integrating into the Eurasian region and a package of treaties forming the Common Economic Space between the three nations in Moscow on November 18, the Russian presidential press-service reported.

The documents on the establishment of the Customs Union were signed in Minsk on Nov.27, 2009. It has been operating since Jan.1, 2010. The Customs Union is the union of neighboring states. A single economic space was created under it to develop free trade, as well as to set higher tariffs on the external borders of the association. It includes Russia, Belarus and Kazakhstan.

The agreed forms of state control have been moved to external borders of the Customs Union. A common system of customs rules and regulations has been introduced. As a result, mutual turnover within the Customs Union increased by nearly 40 per cent in the first half of 2011.
The meeting agenda includes the current issues of the Customs Union's operations between Russia, Belarus and Kazakhstan.
During the trilateral meeting, many significant documents are to be signed to further develop mutually beneficial cooperation.