The head of the European economic community has urged the common oil market agreement to be signed b

Mikhail myasnikovich, head of the Eurasian Economic Commission, told reporters on Monday that member states of the Eurasian Economic Unio (eaeu) must sign an international treaty on a common market for oil and petroleum products by January 1, 2023.

"As for the other international agreement we have made at the college today that needs to be developed, it is the international agreement on the common oil and petroleum products market. The mission is to sign it by January 1, 2023, "said miyasnikovic. Hew also pointed out that a common gas market agreement will be prepared and sent to eaeu countries by the end of 2021.

"Another very serious agreement that the Commission is currently working on is the draft agreement on a common gas market. This topic has been discussed for many years, and we have set domestic procedures for the implementation of tasks for the documents prepared and sent to countries this year, "he added. According to miyasnikovic, the European economic community is still working on an agreement to introduce the electronic navigation seal into the European Economic Unio, which can also be passed this year.

"We are currently working on a very large and modern document, namely the use of electronic navigation seals on the outer packaging of transit goods. We believe that the document is under intensive preparation and can be adopted this year. Therefore, all kinds of inspection, distrust, delivery, and many things that cause dissatisfaction today will be eliminated as far as possible, "said miyasnikovic. Previously, it was reported that the Eurasian Economic Unio agreement stipulated the task of forming a common energy market in three fields: electric power, natural gas, oil and petroleum products. In April this year, it was reported that the European economic community had submitted a draft agreement on a common natural gas market to the countries of the Eurasian Economic Unio for domestic approval. The general natural gas market is planned to start in 2025.

Source: Linyi Council for the promotion of international trade