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DECISION OF THE SUPREME EURASIAN ECONOMIC COUNCIL

of May 31, 2016 No. 8

About the Concept of forming of the total markets of oil and oil products of the Eurasian Economic Union

In compliance and Item 6 of article 104 of the Agreement on the Eurasian Economic Union of May 29, 2014 the Highest Eurasian the economic council solved spunkty 2 Articles 84:

Approve the enclosed Concept of forming of the total markets of oil and oil products of the Eurasian Economic Union.

Members of the Supreme Eurasian economic council:

From the Republic of Armenia

 

From the Republic of Belarus

From the Republic of Kazakhstan

From the Kyrgyz Republic

From the Russian Federation

 

 

Approved by the Decision of the Supreme Eurasian economic council of May 31, 2016 No. 8

Concept of forming of the total markets of oil and oil products of the Eurasian Economic Union

I. General provisions

This Concept is developed for the purpose of realization of Item 2 of article 84 of the Agreement on the Eurasian Economic Union of May 29, 2014 (further - the Agreement) and is aimed at providing forming with state members of the Eurasian Economic Union (further respectively - state members, the Union) the total markets of oil and oil products of the Union.

Forming of the total markets of oil and oil products of the Union is performed taking into account:

the existing relations and obligations of the state members determined by international treaties;

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