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Sunday, November 29, 2009
Belarus, Kazakhstan, Russia To Establish Customs Union
MINSK -- Kazakh President Nursultan Nazarbaev is in Minsk ahead of a Eurasian Economic Community (Eurasec) summit where Belarus, Russia, and Kazakhstan are to form a customs union, RFE/RL's Belarus Service reports.
Belarusian President Alyaksandr Lukashenka and Nazarbaev will hold talks on cooperation before the Eurasec summit begins on November 28.
Kazakh Ambassador to Belarus Anatoly Smirnov told RFE/RL that Kazakh and Belarusian leaders will sign a number of "important documents, including ones regulating cooperation between the economic institutions of the two countries."
The document establishing the customs union is slated to be signed on November 28 and the union is due to begin on January 1.
By July 1, customs checkpoints along the Belarusian-Russian border are to be closed, as will checkpoints along the Kazakh-Russian border a year later.
Lukashenka told journalists in Minsk on November 24 that the customs union will provide "great support to Russia," adding that Kazakhstan and Belarus will not be the "backyards" of such a union.
Source:rferl.org
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Lukashenko Favors Rapid Steps to Set Up Economic Space With Russia, Kazakhstan
Source: Daily News Bulletin; Moscow - English)MINSK. Nov 27 (Interfax) - The establishment of a common customs space in the middle of 2010 and then of a common economic space will become a key stage in the development of the Customs Union of Russia, Belarus and Kazakhstan, Belarusian President Alexander Lukashenko said.
The next key stage of the Customs Union should become the formation of a common customs territory in the middle of next year, after which we should promptly achieve the highest level of economic integration - the creation of a common economic space," Lukashenko said at a session of the Eurasian Economic Community's Interstate Council in Minsk on Friday.
Source:istockanalyst.com
The next key stage of the Customs Union should become the formation of a common customs territory in the middle of next year, after which we should promptly achieve the highest level of economic integration - the creation of a common economic space," Lukashenko said at a session of the Eurasian Economic Community's Interstate Council in Minsk on Friday.
Source:istockanalyst.com
PGNiG, Petrolinvest To Cooperate In Kazakhstan
WARSAW (Dow Jones)--Polish gas monopoly PGNiG (PGN.WA) and oil company Petrolinvest (OIL.WA) signed an agreement to cooperate on exploration projects in Kazakhstan, Petrolinvest said in a statement Wednesday.
The agreement closes a dispute between the units of the two companies that resulted in a PGNiG unit filing for the bankruptcy of Petrolinvest's TOO Emba Yug Neft, the company also said.
Under the deal, PGNiG may in the future acquire shares in Petrolinvest or in its assets. A PGNiG appointee will also sit on Petrolinvest's supervisory board.
Source:wsj.com
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