Inter-State Economic Committee of the Economic Union of the Commonwealth of Independent States (ISEC)

Comité économique interétatique CEI de l'Union économique
Mezgosudarstvennyj Ekonomiceskij Komitet Ekonomiceskogo Sojuza (MEK)

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21 Oct 1994, within the framework of Commonwealth of Independent States (CIS), following; proposal Oct 1992, Bishkek (Kyrgyzstan); signature of an agreement of principle by 9 of the 10 Heads of State of Commonwealth of Independent States (CIS / CEI / CEI / GUS / SNG), 14 May 1993, Moscow (Russia); endorsement at meeting of senior officials, 16 Mar 1994, Moscow. Also referred to as CIS Inter-State Economic Committee. Collective Security Treaty Organization (CSTO), set up 14 May 2002, complements the Committee.


Establish the (CIS) Economic Union by: development of a common scientific and technology structure, system-of-payment union, free trade zones and customs union; establishment of a common market of goods, services, capital and labour force; formation of a monetary union. Pursue harmonized regulation of economic relations; support entrepreneurship: promote development of a common market structure, namely international corporations, industrial/financial groups, financial/credit and insurance bodies and joint ventures; prepare coordinated decisions on social and ecology issues of common interest; restore united transportation and information structures.

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Examines status of national economics and economic reformation development. Coordinates activities in the multinational arena. Develops joint programmes in the framework of the multilateral agreement on the development of industry, agriculture and other branches of economics. Prepares: proposals on the fulfilment of harmonized economic and social policy, development of common legitimate support for business, creation of legal bases of economic cooperation and integration and establishment of united information systems; recommendations on development of production/technology cooperation and joint investment projects. Promotes the establishment and operation of a payment system and jointly agreed financial/credit, budget taxation, pricing, foreign economic, customs and currency policies. Coordinates activities in standardization, statistics, metrology, certification of supplied products, protection of the environment and natural resources, prevention and elimination of extreme event consequences and other inter-state matters. Organizes joint research and development in the most important areas of science and technology and prepares proposals on the effective use of scientific potential and protection of intellectual property. Trains scientific and education staff and highly qualified specialists in high priority areas of national social/economic development.


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Relations with Inter-Governmental Organizations

Relations with 3 inter-governmental organizations.
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Relations with Non-Governmental Organizations

Relations with 1 non-governmental organizations.
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Members in 0 countries
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Type I Classification

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Type II Classification

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Subjects *

  • Commerce
    • Money
    • Customs
    • Conditions of Trade
  • Research, Standards
    • Quality Unification
  • Government
    • Intergovernmental
  • Economics
    • Economic

UN Sustainable Development Goals **

GOAL 8: Decent Work and Economic GrowthGOAL 10: Reduced InequalityGOAL 16: Peace and Justice Strong Institutions



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* Subject classification is derived from the organization names and aims.
** UN SDGs are linked to the subject classification.

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