The agreement on harmonization of customs procedures when moving electrical energy through customs borders of the State Parties of the Commonwealth of Independent States

of November 22, 2007

The State Parties of the Commonwealth of Independent States on behalf of the governments which further are referred to as with the Parties

Being guided by provisions of the European Energy Charter of December 17, 1991 and the Agreement to the Energy Charter of December 17, 1994,

in view of the Agreement on coordination of the interstate relations in the field of power industry of the Commonwealth of Independent States of February 14, 1992, the Agreement on creation of the free trade area of April 15, 1994, the Agreement on ensuring parallel work of electric utility systems of the State Parties of the Commonwealth of Independent States of November 25, 1998 and the Agreement on transit of electrical energy and capacity of the State Parties of the Commonwealth of Independent States of January 25, 2000,

expressing readiness for equal cooperation in the field of power industry on the basis of mutual trust and cooperation in management of the Parties of electric utility systems,

for the purpose of use of technical and economic benefits of parallel work of electric utility systems of the Parties,

aiming to promote formation and expansion of the electrical power market of the State Parties of the CIS,

considering need of establishment of the simplified procedure for customs regulation of interstate exchanges of the electric power,

in view of features of electrical energy as goods,

agreed as follows:

Article 1

The purpose of this agreement is establishment of the harmonized and simplified customs procedures when moving electrical energy between electric utility systems of the Parties.

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