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Government supports bills on termination of CIS international agreements

04 May, 2022
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Government supports bills on termination of CIS international agreements

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The government supported two bills terminating some international agreements within the CIS for Ukraine. At present the CIS unites: Azerbaijan, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Uzbekistan and Ukraine.

This is a withdrawal from the Agreement on the Support and Development of Small Business in the CIS member states, concluded in 1997 and has lost its relevance.

Ukraine also proceeds from the Convention on Transnational Corporations, which aimed at industrial cooperation between enterprises of the CIS member states. At present, it does not correspond to the current state of international trade and economic relations and the current European integration policy of our country.

After adopting the relevant legislative acts by the parliament, these agreements will cease to be valid for our state.

In addition, the Cabinet of Ministers adopted a resolution withdrawing from the 1992 Agreement on a Coordinated Policy in the Field of Standardization, Metrology, and Certification. Ukraine will no longer be represented in the Interstate Council for Standardization, an intergovernmental body of the CIS.

These decisions will not negatively impact the Ukrainian economy but will allow Ukraine to get rid of the burden that hinders integration into the European Union.

In the context of a full-scale war with Russia, even purely formal agreements on integration within the CIS must be finally terminated.


The Odessa Journal

The Odessa Journal

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