The agreement on the approved macroeconomic policy

of December 9, 2010

The Republic of Belarus, the Republic of Kazakhstan and the Russian Federation which further are referred to as Parties

based on the Agreement on custom union between the Russian Federation and the Republic of Belarus of January 6, 1995, the Agreement on custom union of January 20, 1995, the Agreement on custom union and the Common economic space of February 26, 1999, the Constitutive treaty of Eurasian economic community of October 10, 2000, the Agreement on creation of single customs area and forming of custom union of October 6, 2007,

proceeding from the main objectives of Eurasian economic community directed to the economic growth, improvement of quality of life and welfare of people

considering necessary carrying out the approved macroeconomic policy for effective functioning of the Customs union and the Common economic space of the Parties,

agreed as follows:

The article 1 Determination of Concepts, used in this agreement

In this agreement concepts which mean the following are used:

"the approved macroeconomic policy" - coordination, development and realization of collateral actions of the Parties for the purpose of achievement of the balanced development of economy of the Parties;

"the main reference points of macroeconomic policy" - quantitative values of the economic indicators accepted according to this agreement for the purpose of ensuring stable and sustainable development and expansion of integration cooperation of the Parties.

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