The House of Representatives unanimously ratified the Treaty on the EEU
10.10.2014 |Politics| EuroBelarus Information Service,
The upper house of the Belarusian Parliament is expected to consider the ratification of the Eurasian Economic Union Treaty as early as on October 9.
On October 9 the House of Representatives unanimously ratified the Treaty on the Eurasian Economic Union (EEU), which is to become operational on 1 January 2015.
The document is divided into four parts. It has been prepared by means of codification of the treaties constituting the legal framework of the Customs Union and the Single Economic Space and some provisions of the legal framework of the Eurasian Economic Community.
After the upper house of the Belarusian Parliament’s ratification, the Eurasian Economic Union Treaty shall be sent to the President for signing, which will be the final step in the process of ratification on behalf of Belarus.
The Eurasian Economic Union Treaty has already been ratified by the Russian Parliament. The relevant law has been signed by Russian President Vladimir Putin. The document has been also ratified by one more partner to the Customs Union - Kazakhstan.
The document will enter into force when the parties exchange the instruments of ratification. The economic union is expected to become operational on 1 January 2015.
The Eurasian Economic Union Treaty was signed by Presidents of Belarus, Russia and Kazakhstan on 29 May 2014 in Astana. The text includes about 700 pages.
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