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Agreement

of May 17, 2018

About trade and economic cooperation between the Eurasian Economic Union and its state members, on the one hand, and People's Republic of China, on the other hand

Preamble

The Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic, the Russian Federation (further the referred to as "state members of EEU") and the Eurasian Economic Union (further referred to as EEU), on the one hand, and People's Republic of China (further referred to as China), on the other hand

Recognizing long friendship and strong commercial and commercial intercourses between the states by members of the Eurasian Economic Union and China, and wishing to strengthen their joint partnership; WISHING to create environment and conditions for development of mutual commercial intercourses and promotion of economic cooperation between the Parties in the areas which are of mutual interest;

Recognizing importance of economic integration in the Pacific Rim and in Eurasia, and also importance of interface of the Eurasian Economic Union and initiative "One belt, One way" as instrument of creation of strong and stable commercial intercourses in the region;

Confirming their right to perform regulation for goal achievement of national policy and keeping the opportunities for ensuring public wellbeing which are available for them;

Agreed as follows:

Chapter 1 General provisions

Article 1.1 General provisions and determinations

For the purposes of this agreement if other is not provided:

(a) "Agreement on agricultural industry" - The agreement on agricultural industry in Appendix 1 A to the Agreement of the WTO;

(b) "The agreement on special protective measures" - the Agreement on special protective measures in Appendix THAT to the Agreement of the WTO;

(c) "The agreement on anti-dumping measures" - the Agreement on application of Article VI of the General Agreement on Tariffs and Trade of 1994 in Appendix 1 A to the Agreement of the WTO;

(d) "The agreement on assessment of customs value" - the Agreement on application of article VII of the General Agreement on Tariffs and Trade of 1994 in Appendix 1 A to the Agreement of the WTO;

(e) "days" - calendar days, including days off and holidays;

 (f) "The Euroasian economic commission" - the permanent regulating authority EEU created according to the Agreement on the Eurasian Economic Union of May 29, 2014 (further the referred to as "Agreement on EEU");

(g) "GATT of 1994" - the General Agreement on Tariffs and Trade of 1994 and explanatory notes to it in Appendix 1 A to the Agreement of the WTO;

(h) "Parties" on the one hand, EEU within its competence established according to the Agreement on EEU and/or state members of EEU, and, on the other hand, China;

 (i) "The agreement of SKM" - the Agreement on subsidies and countervailing measures in Appendix 1 A to the Agreement of the WTO;

 (j) "The agreement of SFS" - the Agreement on application of sanitary and phytosanitary measures in Appendix 1 A to the Agreement of the WTO;

(k) "The agreement of TBT" - the Agreement on technical barriers in trade in Appendix 1 A to the Agreement of the WTO;

(l) "The agreement the THRIPS" - the Agreement on trade aspects of intellectual property rights in Appendix 1 C to the Agreement of the WTO;

(m) "The agreement of the WTO" - the Marrakesh Agreement on creation of the World Trade Organization of April 15, 1994;

(n) WTO - the World Trade Organization created according to the Agreement of the WTO.

Article 1.2 Purpose

Agreements the Purpose of this agreement is creation of basis for further development of the economic relations between the Parties by ensuring cooperation in the spheres covered by this agreement and simplifications of interaction between the Parties on the questions covered by this agreement.

Article 1.3 Territorial application

Only for the purposes of accomplishment of this agreement, this agreement is applied on all customs area of each of the Parties.

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