Common Economic Space of the Commonwealth of Independent States

Common card · No. 382379

The Common Economic Space is the goal and the result of the process of economic integration of post-Soviet states envisaged by Article 7 of the Agreement on the creation the Commonwealth of Independent States signed on 8 December 1991. According to Article 7, the High Contracting Parties indicate that through common coordinating institutions, their joint activities will consist in coordinating foreign policy activities, cooperation in the formation and development of a common economic space, common European and Eurasian markets, in the field of customs policy, in the development of transport and communication systems, cooperation in the field of environmental protection, migration policy and the fight against organized crime. The former Soviet republics that became independent states were part of the economy of the Soviet Union with its common technical standards, common infrastructure, territorial proximity, chains of cooperation, and common legal heritage. Through the signing of international...

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