Cooperation with economic organizations

  • Created 12.05.2017 09:21
  • Updated 29.10.2018 15:44
  • Published 12.05.2017 09:21

CIS

General information: The Commonwealth of Independent States was founded on 8 December 1991 by the Byelorussia SSR, the Russian SFSR and the Ukraine SSR. The agreement consisted on Preamble and 14 articles declared the abolishment of USSR as a subject of international law. However, due to historical unity and existence of crucial bonds between the region states the creation of Commonwealth of Independent States was necessary at the time. On 21 December 1991, the leaders of eight additional former Soviet Republics –Armenia, Azerbaijan, Kazakhstan, Kyrgyzstan, Moldova, Turkmenistan, Tajikistan and Uzbekistan – signed the Alma-Ata Declaration that stated the abolishment of USSR, creation of CIS, also reflecting the aims and principles of new organization. The organizational period was finished in 1993, 22th of January, in Minsk by signing the principal document of organization – The Charter

Member states: Azerbaijan, Belarus, Armenia, Kazakhstan, Kirgizstan, Moldova, Russia, Tajikistan, Turkmenistan, Uzbekistan and Ukraine.

 The aim:  For the purpose of maintaining the relations between former Soviet countries and strengthening the cooperation by reaching economic integration within the region.

Cooperation with Azerbaijan:  Azerbaijan has created the free trade regimes with all member states except Armenia. The appropriate legal base for free investment zones has been developed. Azerbaijan participates in the implementation of the Strategy of Economic Development of CIS till 2020, according to the Action Plan the information about the accomplished measures is presented to the Executive Committee of CIS. Furthermore, the appropriate reports about Azerbaijani business climate, privileges to investors, free economic zones, industrial and SciTech parks are sent to be published on the official site of CIS. The Report about trade policy of Azerbaijan has been regularly updated, the last overview of which was post on the official site of CIS in 2017.

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