Meeting of the Eurasian Intergovernmental Council

Dmitry Medvedev: "A large common market with free movement of goods, services, capital and labour gives us a serious competitive advantage. We must use it with maximum efficiency so as to facilitate steady development of our respective national economies despite the challenging economic environment."

Dmitry Medvedev’s remarks at the meeting

Documents signed following the Eurasian Intergovernmental Council meeting

List of heads of delegations at the Eurasian Intergovernmental Council:

Prime Minister of the Republic of Armenia Hovik Abrahamyan

Prime Minister of the Republic of Belarus Andrei Kobyakov

Prime Minister of the Republic of Kazakhstan Karim Massimov

Prime Minister of the Kyrgyz Republic Sooronbai Zheenbekov

Prime Minister of the Russian Federation Dmitry Medvedev

Chairman of the Board of the Eurasian Economic Commission Tigran Sargsyan

Excerpts from Dmitry Medvedev’s remarks:

Dmitry Medvedev at the expanded meeting of the Eurasian Intergovernmental Council

A large common market with free movement of goods, services, capital and labour gives us a serious competitive advantage. We must use it with maximum efficiency so as to facilitate steady development of our respective national economies despite the challenging economic environment.

This year, the relative weight of mutual trade in the structure of foreign trade increased by 14.2 percent notwithstanding an unfavourable state of the global economy. Armenia has almost doubled its exports to the Union’s internal market. The same goes for specific categories of goods from Belarus, Kazakhstan and Kyrgyzstan. Trade structure with third countries is also becoming increasingly balanced. Efforts to further expand trade require removing the remaining exemptions and barriers and making sure that instruments that we are about to draft within the Union have the least restrictions.

One of the priority subjects is the drafting of a new customs code. We are just one step away from agreeing on its text, which would be a major achievement. It took a lot of time and effort to develop this instrument. We worked with the business community to make sure that it meets the needs of entrepreneurs in our countries. With this code in place, customs clearance procedures along the Union’s external border will be unified and the movement of goods will be greatly facilitated.

Documents signed following the Eurasian Intergovernmental Council meeting:

• Directive on the Customs Code Agreement of the Eurasian Economic Union;

• Resolution on the Implementation of the Mechanism for Marking Certain Categories of Goods with Control (Identification) Signs;

 • Directive on Basic Approaches to Creating a Mechanism to Ensure the Traceability of Goods in the Eurasian Economic Union Member States;

• Resolution on Certain Aspects of the Import and Circulation of Goods in the Customs Territory of the Eurasian Economic Union in the Context of Kazakhstan’s Accession to the World Trade Organisation;

• Protocol on the Accession of the Republic of Kyrgyzstan to the Agreement on the Movement of Ozone-Depleting Substances and Products Containing Them, and the Recording of Ozone-Depleting Substances while Implementing Mutual Trade of the Eurasian Economic Union Member States of 29 May 2015.