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Law on ratification of Protocol amending the Treaty on the EAEU of May 29, 2014 (regarding the creation of a common EAEU electricity market)

July 1, 2021

Vladimir Putin signed Federal Law On Ratification of the Protocol on Amendments to the Treaty on the Eurasian Economic Union of May 29, 2014 (regarding the creation of a common electricity market of the Eurasian Economic Union).

The Protocol was signed in Nur-Sultan on May 29, 2019.

The provisions of the Protocol aim to improve the energy security of the EAEU member states, establishing a legal framework in the EAEU that ensures fair competition, creating conditions for increasing the efficiency and competitiveness of the economies of these states in the electric power industry, and further strengthening their mutually beneficial and equitable economic cooperation.

July 1, 2021