Decision of Interstate Council of EurAsEC

of February 28, 2003 No. 103

About Fundamentals of energy policy of state members of EurAsEC

Interstate Council of Eurasian economic community (at the level of heads of governments) solved:

Approve Fundamentals of energy policy of state members of EurAsEC it (is applied).

Members of Interstate Council of EurAsEC:

Approved by Mezhgossovet's decision of EurAsEC of February 28, 2003 No. 103

Fundamentals of energy policy of state members of Eurasian economic community

Fundamentals of energy policy of state members of Eurasian economic community (further - the states of EurAsEC) represent system officially of the views of the purpose, tasks, the principles, the main directions and the mechanism of realization of energy policy of the states of EurAsEC accepted in these states.

1. General provisions

The energy policy of the states of EurAsEC is understood as their joint activities for rational use of energy resources and forming of general complementary fuel and energy complex of the countries of Community based on increase in efficiency of functioning of power supply systems, development of transit capacity of the states of EurAsEC and creating favorable conditions for increase in interstate supply of energy resources. It is aimed at providing energy independence of the states of EurAsEC by recovery and development between them mutually advantageous economic bonds in the field of power and forming of total energy market.

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