Friday, October 30

The heads of the EAEU countries have identified a list of regulatory legal acts in the field of natural monopolies for convergence

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The meeting of the Supreme Eurasian Economic Council approved a list of regulatory legal acts of the member states of the Eurasian Economic Union in the field of natural monopolies, which are subject to convergence. The Heads of State instructed the EAEU countries to work on supplementing the national legislations listed in this list.

The list was formed as a result of the joint work of the Commission and the authorized bodies of the Union countries on the basis of the principles of regulation and rules for ensuring access in the areas of natural monopolies established by Annex No. 20 to the Treaty on the EAEU.

The list covers normative legal acts concerning the spheres of natural monopolies in terms of railway transport, fuel and energy complex, air navigation, water supply and sanitation, as well as providing for norms on the assignment or exclusion of services of natural monopolies and maintaining a register of subjects of natural monopolies. The list of 26 legal acts of the member States of the Union may be updated and updated as proposals from the parties or the Commission are received.

It is expected that the EAEU countries will work on amending their legislation on this list in the next four years.

“The results of our joint work will provide an opportunity for consumers, regardless of their affiliation to any member state of the EAEU, to understand the general approaches of state regulation in the provision of services by natural monopolies,” said Minister of Energy and Infrastructure of the EEC Arzybek Kozhoshev.

According to the EEC Minister, the new document is also aimed at ensuring equal conditions for consumers of natural monopoly services, freedom of movement of goods, maintaining a balance of interests of consumers and regulated entities, as well as creating conditions for the development of competition in the field of natural monopolies.

A source: eaeunion.org

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