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AGREEMENT OF THE STATE PARTIES OF COMMONWEALTH OF INDEPENDENT STATES

of March 6, 1998

About the Total agrarian market of the State Parties of the Commonwealth of Independent States

The State Parties of this agreement (further - the Parties)

for the purpose of implementation of the Agreement on creation of Economic union of September 24, 1993,

understanding objective need of integration of agro-industrial production and forming of the Common Economic Space,

wishing to keep and develop traditional economic, commercial and scientific and technical ties,

considering need of radical economic restructurings for the agrarian sector in connection with transition to the market relations,

in view of distinction of natural and economic conditions for production of agricultural products and its conversion, efficiency of agro-industrial complexes,

proceeding from social and economic interests of producers in agricultural industry and the sphere of conversion of products,

aiming at growth of welfare of the people,

agreed as follows:

Article 1

The parties step by step create the Total agrarian market of the State Parties of the Commonwealth of Independent States (further - the Total agrarian market) providing free movement of agricultural products, food products, scientific and technical products, technologies, means of production and services for agro-industrial complex of national origin (further - goods and services).

The total agrarian market is created by the Parties on the basis of voluntarily assumed liabilities and equal rights.

Conditions of creation and functioning of the Total agrarian market are determined by the Provision which is integral part of this agreement.

Article 2

Coordination of sales activity of the actions directed to creation and functioning of the Total agrarian market is performed by Intergovernmental council on questions of agro-industrial complex (further - Council) which for realization of the specified tasks, as required, creates the commissions and expert groups of number of authorized experts and specialists of the Parties.

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