The decision to hold a meeting in Sochi was taken in May 2016 at a meeting of the Eurasian Intergovernmental Council regarding cooperation in trade, customs cooperation, economy and financial policy, energy and infrastructure. During the upcoming meeting, the Heads of governments of the EEU countries plan to address important policies on economic integration, including determining a final due date on accepting the Customs Code of the EEU. They will also discuss questions concerning managing the movement of goods through the territory of the Economic Union, as well as the handling of medical drugs.
Particular attention will be given to issues of commodity circulation on the customs territory of the EEU, due to Kazakhstan’s accession to the World Trade Organization.
The Eurasian Economic Union is an international economic union created on the basis of the Customs Union and the Common Economic Space, functioning since January 1, 2015. Currently the EEU members are Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan.