Medvedev to launch the Customs Union with Belarus, Kazakhstan

MOSCOW, November 27 (Itar-Tass) -- Russian President Dmitry Medvedev is leaving for Belarus on Friday to adopt the final documents for the start-up of the Customs Union with Belarus and Kazakhstan from 2010.

Summit host Alexander Lukashenko described the event as "truly historical, which we prepared for a long time."

"The presidents of Belarus, Kazakhstan and Russia will sign a package of documents on the start-up of the Customs Union of the troika of countries from January 1, 2010 and completion of all the necessary procedures by July 1, 2011," a high-ranking Kremlin official told Tass.

The heads of state are to consider a total of 15 documents, including the appointment of the Customs Union Commission head. At present Russia's economist Sergei Glazyev chairs the commission, which decisions will be directly applied in member-countries.

"The creation of an efficient mechanism of implementing Commission decisions at the national level is of major significance," the Kremlin official said.

Other EurAsEC member-countries (Tajikistan and Kirgizia) are expected to gradually join the Customs Union. Kirgizia, a WTO member, has already applied.

The EurAsEC summit will be also held in Minsk to discuss joint measures to fight the global economic crisis. The presidents will consider the creation of a joint Anti-crisis fund and EurAsEC high technology center.


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