Customs union to work in 3 years


The presidents of Belarus, Kazakhstan and Russia today in Dushanbe signed the documents that deal with the development of a legal framowork for the Customs Union of the Eurasian Economic Community. The leaders of the three countries signed an agreement on the creation of the single customs territory, and agreement on the Customs Union's commission and a protocol which regulates accession and exit procedures of the customs union.

The heads of the state tasked the governments of Belarus and Kazakhstan to adjust internal procedures, required for enforcement of the international agreements associated with the formation of the Customs Union of Russia, Belarus and Kazakhstan.

The second package of documents on the customs union will be signed by prime ministers during the Eurasian economic community meeting in December.

In the view of Russian President Vladimir Putin, Customs Union could start functioning in 2010, reports Ria-Novosti.