EurAsEC, Customs Union notified about Belarus’ enforcement of SES treaties

MINSK. December 31. KAZINFORM The Republic of Belarus has notified the EurAsEC Integration Committee and the Customs Union Committee that the country had fulfilled the intrastate procedures required for enforce agreements to set up the Single Economic Space, the press service of the Belarusian Foreign Ministry told BelTA.

On 29 December 2010 Belarus notified the depositaries - the EurAsEC Integration Committee and the Customs Union Committee - that the intrastate procedures had been fulfilled. The procedures are supposed to express Belarus' consent to the obligatory nature of all the international treaties that had been signed within the framework of the Single Economic Space of Belarus, Kazakhstan and the Russian Federation.

On 21 December the House of Representatives of the National Assembly ratified a package of 18 treaties that make up the legal base for the establishment of the Single Economic Space. The Council of the Republic of the National Assembly of Belarus ratified these documents the next day, on 22 December.

The bulk of the documents regulate the Single Economic Space's macroeconomic policy, free flow of goods, services, money and workforce. Their number includes agreements on coordinating the macroeconomic policy, common competition rules, industrial subsidies, currency exchange principles.

For Belarus the documents that will remove barriers in the trade in oil and oil products, gas and electricity transportation are very important. Their number includes agreements on access to services of natural monopolies in the gas transportation industry, including pricing rules, agreements on payment and transfer of export customs duties on oil and oil products, which are exported from Belarus beyond borders of the Customs Union.

The package of the ratified documents also includes agreements on common rules of government support for agriculture, common technical regulations, intellectual property rules, access to railway transport services, and cooperation in labor migration; Kazinform refers to BelTA.

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