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On 23 December 2014, the presidents of Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan held a meeting of the Supreme Eurasian Economic Council, to take the last decisions before the agreement on the Eurasian Economic Union (EAEC or Евразийскому экономическому союзу (ЕАЭС)) entered into force on 1 January 2015. According to Rossiskaya Gazeta, the Russian labor market will change as workers from any of the members (except Kyrgyzstan) will be able to work in Russia, Belarus, Armenia and Kazakhstan, and feel at home. At this time, Kyrgyzstan will only be joining the Customs Union and the Common Economic Space. Passport controls will remain since there is no common border. However, immigration cards and visas will not be needed among the members. Armenia’s accession treaty was approved by the Parliaments of Armenia, Belarus, Kazakhstan and Russia and received Presidential assents in all four countries during December 2014 and entered into force on 2 January 2015, while Kyrgyzstan’s will not be effective until May 2015, assuming all legal formalities are completed. On 2 January 2015, the Heads of State met again to nominate Armenian members to the Board, the Council, the Court and its staff. In addition to the existing website of the Eurasian Economic Commission, the Eurasian Economic Union will have its own website: http://www.eaeunion.org/. The plan is for the Eurasian Economic Commission to function in a manner similar to that of the European Commission, while the Eurasian Economic Union will function in a manner similar to that of the European Union with its own Court. |
