Financial Wealth Ideas

The countries of the Eurasian Economic Community (EEC) decided to establish a free trade zone with all the CIS states. Prior to 2012, will be eliminated barriers to trade in alcohol, sugar and cigarettes. Domestic manufacturers mostly calm: in the case of a sharp increase in imports of Russian law allows them to introduce new restrictions. Today at a meeting of the EurAsEC Interstate Council will be announced schedule of removing such exemptions. As is evident from the material to the Board who are available to Vedomosti, until 1 July 2006, will be eliminated barriers to the importation of vodka and tobacco, a year later - of sugar, and up to 1 January, 2012 - alcohol. In July, the same timetable for the lifting of restrictions on Russia agreed with Ukraine. "Now we make a real contribution to freer trade with the rest of the CIS", - said the EurAsEC Secretary General Grigory Rapota. According to him, recorded in the schedule of dates - the limit: if the Union's internal market participants will be ready for competition, tariffs reduced to zero before. EURASEC will introduce a single currency Following the meeting of the EurAsEC Interstate Council, which ended May 19 in Minsk, signed 3 documents: the Agreement on the application of a single sign-treatment products on the market of EurAsEC member states, agreement on the payment of customs duties with the introduction to the customs body of money or by the use of bank guarantees when moving goods under customs control between the customs authorities of Member States, the Eurasian Economic Community and the document "About the general principles of formation and use of railway tariffs for the transport of goods between the railway stations of EurAsEC member states and the manner in which the lowering rates and cutting tariffs on the transport of goods between rail stations roads of EurAsEC member states ". According to experts, the Agreement on the application of a single sign-treatment products on the market of EurAsEC member states greatly simplify the procedure for movement of products originating in the Community. During the meeting, attention was given to the establishment of a Customs Union, the final deadline for the creation of which is scheduled for late 2006. Introduction of the single currency - this phase, which indicates a high level of integration. This said, the Prime Minister of Kazakhstan Daniyal Akhmetov, replying to journalists' questions. According to him, before coming to this stage, it is necessary to create a customs union and single economic space. "We must be clear understanding that the creation of the single currency - is the delegation of their national rights, and to this, each government should be ready", - underlined D. Akhmetov. Regarding the timing of the introduction of the single currency, the Heads of Government of Kazakhstan, all depends on how successful will be made by two steps - the Customs Union and the EEA. "I think we come to it", - has added Premier RC. Kyrgyzstan considers necessary in the framework of the EurAsEC single document governing the stay of migrant workers in the territory of the Community, - a view in Minsk at the meeting of the EurAsEC Interstate Council was a member of the EurAsEC Integration Committee of Plenipotentiary Representative of the Kyrgyz President on the integration of cooperation within the CIS and EurAsEC Almambet Matubraimov, transmits Kazinform.