President of Russia Vladimir Putin, President of Kazakhstan Nursultan Nazarbayev and President of Belarus Alexander Lukashenko signed the Agreement on the Eurasian Economic Union in Astana, the capital of Kazakhstan, where the Supreme Eurasian Economic Council met.
The agreement is based on norms of the contractual legal framework of the Eurasian Customs Union and Common Economic Space (those were prior stages of Eurasian cooperation), which were optimized, improved and brought into compliance with the rules of the World Trade Organisation, according to kremlin.ru. The three nations will allow the free movement of goods, services, capital and labour and work on further coordinated policy in with regard to energy, industry, agriculture and transport.
Source In Gold We Trust
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