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DECISION OF BOARD OF THE EUROASIAN ECONOMIC COMMISSION

of February 7, 2017 No. 19

About approval of the Regulations on the Advisory committee on the industry

According to Items 7 and 44 of the Regulations on the Euroasian economic commission (appendix No. 1 to the Agreement on the Eurasian Economic Union of May 29, 2014) the Board of the Euroasian economic commission solved:

1. To approve the enclosed Regulations on the Advisory committee on the industry.

2. To declare invalid Item 2 of the Decision of Board of the Euroasian economic commission of July 19, 2012 No. 112 "About the Advisory committee on the industry".

3. This Decision becomes effective after 30 calendar days from the date of its official publication.

Chairman of Board of the Euroasian economic commission
T. Sargsyan

It is approved by the Decision of Board of the Euroasian economic commission of February 7, 2017 No. 19

Regulations on the Advisory committee on the industry

I. General provisions

1. The advisory committee on the industry (further – Committee) is created under Board of the Euroasian economic commission (further – the Commission) according to Items 7 and 44 of the Regulations on the Euroasian economic commission (appendix No. 1 to the Agreement on the Eurasian Economic Union of May 29, 2014 (further – the Agreement on the Union)).

The committee is consultative body of the Commission on questions of industrial policy and the industrial cooperation, including questions of sale of the main directions of the industrial cooperation within the Eurasian Economic Union (further – the Union) and applications by state members of the Union (further – state members) single rules of provision of industrial subsidies according to the Section XXIV of the Agreement on the Union.

2. The committee in the activities is guided by the Agreement on the Union, other international treaties and acts constituting the right of the Union, the Regulations of work of the Euroasian economic commission approved by the Decision of the Supreme Euroasian economic council of December 23, 2014 No. 98, and also this Provision.

II. Main objectives and functions of Committee

3. The main objectives of Committee are:

a) preparation of recommendations for the Commission on questions of industrial policy and industrial cooperation;

b) carrying out consultations with representatives of state members concerning industrial policy and the industrial cooperation;

c) development of offers for the Commission on questions of enhancement of the industrial cooperation within the Union, including questions of provision of industrial subsidies.

4. For sale of the tasks assigned to it the Committee performs the following functions:

a) prepares offers and recommendations for the Commission on the following questions:

sale of provisions of the Section XXIV of the Agreement on the Union, Protocol on the industrial cooperation (appendix No. 27 to the Agreement on the Union) and Protocol on single rules of provision of industrial subsidies (appendix No. 28 to the Agreement on the Union) and monitoring of their observance by state members;

sale of the Main directions of the industrial cooperation within the Eurasian Economic Union approved by the Decision of the Euroasian intergovernmental council of September 8, 2015 No. 9;

determination of priorities and coordination of the industrial cooperation within the Union;

forming of the effective mechanisms and instruments of the industrial cooperation conforming to requirements of the World Trade Organization and Organization for Economic Cooperation and Development;

project development of international treaties within the Union and acts of bodies of the Union in the sphere of industrial policy and the industrial cooperation;

development of the sci-tech cooperation for the purpose of increase in competitiveness of the industry, its innovative and export potential;

development of technological cooperation and market forms of production integration of state members;

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