EEU to Develop Response to EU-Ukraine Free Trade Area Deal by Mid-2016

© Sputnik / Alexander Astafyev / Go to the mediabankFirst session of EEU Intergovernmental Council
First session of EEU Intergovernmental Council - Sputnik International
Members of the Eurasian Economic Union (EEU) will develop in the next six months response mechanisms to the EU-Ukraine free trade area agreement at the unilateral level, Viktor Khristenko, Chairman of the Eurasian Economic Commission, said Monday.

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MOSCOW (Sputnik) — "During the first half of 2016, we should develop legal mechanisms, which would allow national governments to realize their right to conduct unilateral actions in the framework of a supranational body, when they have the right to carry out responsive measures under an effective management mechanism," Khristenko told reporters following a meeting of the Supreme Eurasian Economic Council, the EEU decision-making body composed of the leaders of member-states.

The EEU is a regional trading bloc comprising Russia, Kyrgyzstan, Armenia, Belarus, Kazakhstan and Kyrgyzstan, which aims to streamline the flow of goods, capital and labor.

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