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The federal law ratifies the Protocol on Confirming the Provisions of the Executive Committee of the Commonwealth of Independent States signed in Moscow 21 June 2000 at the session of the Council of Heads of State of CIS member countries. The Protocol will enable CIS member states complete the necessary legal aspects involved in improving and reforming the structures and executive organs of the CIS.

According to the decision made by the CIS Council of Heads of State on 2 April 1999 the Executive Secretariat and structures of the Intergovernmental Economic Committee of the Economic Union will be transformed into the Executive Committee of the CIS which is the only permanent executive, administrative and coordinating agency of the CIS.

The Protocol confirms the Provisions of the Executive Committee of the CIS and determines its legal and organizational status, the fundamental directions in which it will operate, its structure, composition, functions, the powers its officials will hold, and its financing.

Once the Protocol comes into force the Agreement on Establishing an Intergovernmental Economic Committee of the Economic Union of 21 October 1994 and ratified by a federal law No. 90-F3 of 8 July 1996 will cease to be applicable.

The Protocol is subject to ratification based on Article 15 paragraph 1 a) of the federal law “On the International Treaties of the Russian Federation”.