AGREEMENT

of May 30, 2012

About cooperation in the field of the industry and creation of Council for industrial policy of the State Parties of the CIS

The governments of the State Parties of this agreement which further are referred to as with the Parties

proceeding from provisions of the Concept of further development of the Commonwealth of Independent States of October 5, 2007,

considering priority role of the industry in economy and social development, and also interest in the joint solution of problematic issues in industries of the State Parties of this agreement,

for the purpose of creation of mutually advantageous competitive environment in the markets of industrial output of the State Parties of this agreement,

recognizing importance of ensuring the coordinated work of industries of the State Parties of this agreement based on the principles of voluntary and mutually advantageous cooperation bonds and interstate specialization

being guided by the international obligations and the legislation of the State Parties of this agreement,

agreed as follows:

Article 1

For the purpose of carrying out the coordinated industrial policy of the Party perform cooperation in the field of the industry in the territories of the State Parties of this agreement in the following main directions:

development of mutually agreed decisions in the field of industrial policy;

implementation of international treaties and the decisions made within the CIS concerning cooperation in the field of the industry;

approval of the main directions of development of cooperation in the field of the industry, determination of the priority directions of cooperation on separate industries of the State Parties of this agreement, forming of the list of joint programs and projects;

coordination of the collateral actions in the field of the industry directed to increase in competitiveness and sustainable development of industries and business entities;

forming of favorable conditions for innovative industrial development of economy of the State Parties of this agreement;

creation of coproductions, multinational companies and financial and industrial groups;

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