Agreement on the Customs union between the Russian Federation and Republic of Belarus

of January 6, 1995

The government of the Russian Federation and the Government of the Republic of Belarus which are hereinafter referred to as - Contracting Parties,

aiming at further development of the balanced and mutually beneficial economic relations;

wishing to provide further development of rights and freedoms of man and citizen of the countries on the democratic principles fixed in documents of the United Nations;

recognizing the international commonly accepted standards in the economic relations and being guided by rules of the GATT/the WTO;

confirming commitment to free development of mutual economic cooperation;

expressing intentions to continue realization of provisions of the Agreement on creation of Economic union by transition to step-by-step forming of the Customs union;

being guided by article 4 of the Agreement on creation of Economic union providing development of complex of the interconnected actions performed according to free standing agreements for each form of integration;

stating achievement of certain results within signed on April 12, 1994 (Moscow) Agreements between the Government of the Russian Federation and the Government of the Republic of Belarus on single procedure for regulation of foreign economic activity;

for the purpose of determination of obligations and the rights of Contracting Parties in step-by-step forming of the Customs union

agreed as follows:

Article 1 of the Purpose and principles of functioning of the Customs union

1. Contracting parties proclaim the following purposes of creation of the Customs union:

- ensuring social and economic progress of the countries with collateral actions by elimination between them the dividing obstacles for free economic interaction between business entities;

- guaranteeing sustainable development of economy, free barter and fair competition;

- strengthening of coordination of economic policy of the countries and ensuring all-round development of the national national economy;

- creation of conditions for forming of the Common Economic Space;

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