On the ratification of the Treaty on the Eurasian Economic Union

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The Law of the Republic of Kazakhstan dated October 14, 2014 No. 240-V SAM.

To the attention of users!

A TABLE OF CONTENTS has been created for the convenience of using the RCPI document.

RCPI's note!

For the procedure for the enactment of this Law, see art. 113

IZPI's note!

The law is amended by the Law of the Republic of Kazakhstan dated 09/15/2021 No. 64-VII SAM.

To ratify the Treaty on the Eurasian Economic Union, signed in Astana on May 29, 2014.

President

Republic of Kazakhstan

N. NAZARBAYEV

The Treaty on the Eurasian Economic Union entered into force on May 29, 2014 - Bulletin of International Treaties of the Republic of Kazakhstan 2015, No. 2, art. 11

The Republic of Belarus, the Republic of Kazakhstan and the Russian Federation, hereinafter referred to as the Parties,

Based on the Declaration on Eurasian Economic Integration of November 18, 2011,

guided by the principle of sovereign equality of States, the need for unconditional respect for the principle of the supremacy of constitutional human and civil rights and freedoms,

Desiring to strengthen solidarity and deepen cooperation between their peoples while respecting their history, culture and traditions,

Expressing their conviction that the further development of the Eurasian economic integration meets the national interests of the Parties,

driven by the desire to strengthen the economies of the member States of the Eurasian Economic Union and ensure their harmonious development and rapprochement, as well as to guarantee sustainable growth of business activity, balanced trade and fair competition,

ensuring economic progress through joint actions aimed at solving common tasks facing the member States of the Eurasian Economic Union for sustainable economic development, comprehensive modernization and strengthening the competitiveness of national economies within the global economy,

Reaffirming the desire to further strengthen mutually beneficial and equitable economic cooperation with other countries, as well as international integration associations and international organizations,

Taking into account the rules, regulations and principles of the World Trade Organization,

Reaffirming its commitment to the purposes and principles of the Charter of the United Nations, as well as other universally recognized principles and norms of international law,

We have agreed on the following.

PART OF THE FIRST INSTITUTION OF THE EURASIAN ECONOMIC UNION, DIVISION I GENERAL PROVISIONS

Article 1 Establishment of the Eurasian Economic Union. Legal personality

1. By this Agreement, the Parties establish the Eurasian Economic Union (hereinafter referred to as the Union, the EAEU), which ensures the freedom of movement of goods, services, capital and labor, and the implementation of a coordinated, coordinated or unified policy in the sectors of the economy defined by this Agreement and international treaties within the Union.

2. The Union is an international regional economic integration organization with international legal personality.

Article 2 Definitions

For the purposes of this Agreement, concepts are used that mean the following::

"harmonization of legislation" is the approximation of the legislation of the Member States aimed at establishing similar (comparable) regulatory legal regulation in certain areas.;

"Member States" means the States that are members of the Union and Parties to this Treaty.;

"officials" are citizens of the Member States appointed to the positions of directors of departments of the Eurasian Economic Commission and deputy directors of departments of the Commission, as well as the head of the Secretariat of the Court of the Union, deputy heads of the Secretariat of the Court of the Union and advisers to judges of the Court of the Union.;

A "single economic space" is a space consisting of the territories of the member States in which similar (comparable) and similar mechanisms for regulating the economy operate, based on market principles and the application of harmonized or unified legal norms, and there is a single infrastructure.;

"unified policy" means the policy implemented by the Member States in the areas defined by them, provided for by this Treaty, involving the application by the Member States of a unified legal regulation, including on the basis of decisions of the Union's bodies within their powers.;

"international treaties within the Union" - international treaties concluded between the Member States on issues related to the functioning and development of the Union;

"international agreements of the Union with a third party" - international agreements concluded with third states, their integration associations and international organizations;

The "common (single) market" is a set of economic relations within the Union that ensure the freedom of movement of goods, services, capital and labor.;

"order" is an act adopted by the Union's bodies, which has an organizational and administrative character.;

"decision" is an act adopted by the Union's bodies containing provisions of a regulatory nature.;

"coordinated policy" means a policy involving the implementation of cooperation between the Member States on the basis of common approaches approved within the framework of the Union's bodies necessary to achieve the goals of the Union provided for in this Treaty.;

"coordinated policy" is a policy implemented by the Member States in various fields, involving the harmonization of legal regulation, including on the basis of decisions of the Union's bodies, to the extent necessary to achieve the objectives of the Union provided for in this Treaty.;

"employees" are citizens of the Member States who work in the Union's bodies on the basis of employment agreements (contracts) concluded with them and are not officials.;

"customs union" is a form of trade and economic integration of the member states that provides for a single customs territory, within which customs duties (other duties, taxes and charges having equivalent effect), non-tariff regulatory measures, special protective, anti-dumping and countervailing measures are not applied in mutual trade, and a Single customs Tariff of the Eurasian Economic Union applies. the Union and common measures for regulating foreign trade in goods with a third party;

A "third party" is a State that is not a member of the Union, an international organization, or an international integration association.;

"unification of legislation" is the approximation of the legislation of the Member States aimed at establishing identical mechanisms of legal regulation in certain areas defined by this Treaty.

Other concepts used in this Agreement are understood in the meanings given in the relevant sections of this Agreement and its annexes.

Section II BASIC PRINCIPLES, OBJECTIVES, COMPETENCE AND LAW OF THE UNION

Article 3 Basic principles of the Union's functioning

The Union shall carry out its activities within the scope of the competence granted to it by the Member States in accordance with this Treaty, based on the following principles:

Respect for universally recognized principles of international law, including the principles of sovereign equality of Member States and their territorial integrity;

respect for the specifics of the political structure of the Member States;

ensuring mutually beneficial cooperation, equality and consideration of national interests of the Parties;

compliance with the principles of a market economy and fair competition;

the functioning of the customs union without exceptions and restrictions after the end of the transition periods.

The Member States shall create favorable conditions for the Union to perform its functions and refrain from measures that could jeopardize the achievement of the Union's objectives.

Article 4 Main objectives of the Union

The main objectives of the Union are:

creating conditions for the stable development of the economies of the Member States in the interests of improving the living standards of their populations;

striving for the formation of a single market for goods, services, capital and labor resources within the Union;

comprehensive modernization, cooperation and increasing the competitiveness of national economies in the global economy.

Article 5 Competence

1. The Union shall be vested with competence within the limits and to the extent established by this Treaty and international treaties within the Union.

2. The Member States shall implement a coordinated or coordinated policy within the limits and to the extent established by this Treaty and international treaties within the Union.

3. In other areas of the economy, the Member States shall strive to implement coordinated or coordinated policies in accordance with the basic principles and objectives of the Union.

For this purpose, the decision of the Supreme Eurasian Economic Council may establish subsidiary bodies (councils of heads of government agencies of the Parties, working groups, special commissions) Instructions from the Eurasian Economic Commission on coordination of cooperation between the Parties in relevant areas should be given in the relevant areas and/or.

Article 6 The law of the Union

1. The law of the Union consists of:

this Agreement;

international agreements within the Union;

international Union agreements with a third party;

decisions and orders of the Supreme Eurasian Economic Council, the Eurasian Intergovernmental Council and the Eurasian Economic Commission adopted within the framework of their powers provided for in this Treaty and international treaties within the Union.

Decisions of the Supreme Eurasian Economic Council and the Eurasian Intergovernmental Council are subject to execution by the member States in accordance with the procedure provided for by their national legislation.

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President

Republic of Kazakhstan

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