DECISION OF THE SUPREME EURASIAN ECONOMIC COUNCIL

of December 26, 2016 № 20

About the Program of forming of the total electrical power market of the Eurasian Economic Union

According to articles 81 and 104of the Agreement on the Eurasian Economic Union of May 29, 2014 the Supreme Eurasian economic council decided:

1. Approve the enclosed Program of forming of the total electrical power market of the Eurasian Economic Union.

  2. To state members of the Eurasian Economic Union together with the Eurasian economic commission to prepare and submit for review by the Eurasian intergovernmental council:

  till April 1, 2017 – the offer on use of the trading floors existing in state members, including on their upgrade (if necessary), or about creation of new trading floors for the organization of centralized trade by electrical energy within the total electrical power market of the Eurasian Economic Union, and also about the mechanism of attraction of non-budgetary sources for financing of upgrade or creation of such trading floors;

 till May 1, 2017 – the offer on financing of actions for forming of the total electrical power market of the Eurasian Economic Union (except for actions for forming of the information exchange system providing interaction of subjects of the total electrical power market of the Eurasian Economic Union) with indication of the preliminary amounts of financing on appropriate sources of financing;

 till January 1, 2018 – offers on possibility of use of the integrated information system of the Eurasian Economic Union and (or) others (including existing) mechanisms for forming of the information exchange system providing interaction of subjects of the total electrical power market of the Eurasian Economic Union, and also the offer on financing of actions for forming of such information exchange system.

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