Select font Arial Times New Roman
Character spacing (Kerning): Standard Medium Large
Документ /
Dmitry Medvedev sent the agreement on creating conditions on financial markets for free movement of capital to the State Duma for ratification.
The agreement was drafted following a decision by the Customs Union Commission on January 27, 2010, and was signed in Moscow on December 9, 2010.
The agreement will ensure free movement of capital, develop mutually beneficial financial sector cooperation, and harmonise banking sector, currency market, securities market, and insurance sector legislation in Belarus, Kazakhstan and Russia.
Under the agreement, harmonisation of legislation will take place in phases through to December 31, 2013.
The agreement will facilitate coordinated approaches to resolving issues regarding financial markets’ activity and developing the Common Economic Space, in particular through cooperation between the parties on matters concerning financial markets’ operation, and putting in place the necessary organisational and legal conditions at the inter-state level for developing integration in the financial sector.
June 10, 2011