ECONOMIC COURT OF THE COMMONWEALTH OF INDEPENDENT STATES

TIMELINE

YYYY.MM.DD

EVENT

Declaration and Agreeement Establishing the Commonwealth of Independent States signed in Minsk (Belarus) by the representatives of Belarus, Russian Federation and Ukraine. (aka Minsk Agreement)

Alma-Ata Declaration and Protocol to the Agreement Establishing the Commonwealth of Independent States signed in Alma-Ata (Kazakhstan) by the representatives of Azerbaijan, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russian Federation, Tajikistan, Turkmenistan, Uzbekistan and Ukraine. (aka Alma-Ata Declaration)

Agreement on the Measures Directed at the Improvement of Payments between Corporations of the CIS Member-States (note: unofficial translation of the title of the agreement). Agreement signed in Tashkent (Uzbekistan).
 
Article 5 of the Agreement provides: "Commercial Court of the Commonwealth shall be created for the purpose of the settlement of interstate economic disputes, which are not justiciable by the highest domestics courts of arbitration and commercial courts. Highest commercial courts and courts of arbitration of the member-states of the Commonwealth of Independent States shall file their propositions regarding members of the court and a draft of the Regulation of the court at the next (or ordinary) meeting of the Council of the Heads of States of the CIS." (note: unofficial translation of the provision.)

Agreement on the Status of the Economic Court of the Commonwealth of Independent States and Regulation on the Economic Court of the Commonwealth of Independent States signed by 8 CIS members-states: Armenia, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russian Federation, Tajikistan, Uzbekistan (i.e. all members except  Azerbaijan, Georgia, Turkmenistan and Ukraine) in Moscow (RF).

Charter of the Commonwealth of Independent States adopted by the Meeting of the Council of the Heads of States in Minsk (Belarus). Declaration of the Council of the Heads of States signed by representatives of Armenia, Belarus, Kazakhstan, Kirghizstan, Moldova, Russian Federation, Tadjikistan, Turkmenistan, Uzbekistan, Ukraine.
 
Article 32 of the Charter provides: "The Economic Court shall funtion with the aim to ensure the observation of economic obligations within the framework of the Commonwealth. Under the jurisdiction of the Economic Court there shall be settlement of disputes, arising while the economic obligations are being executed. The Court may also settle other disputes, referred to its jurisdiction by the agreements of the member states. The Economic Court shall also have the right to interpret the provisions of agreements and of other acts of the Commonwealth on economic issues. The Economic Court shall exercise its activities in complience with the Agreement on the Status of the Economic Court and with the Regulations on it, adopted by the Council of Heads of States. The seat of the Economic Court shall be the city of Minsk." (see 34 ILM 1282 (1995) 1292-1293.)

Treaty on Creation of an Economic Union was signed by Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgystan, Moldova, Russian Federation, Tajikistan, Uzbekistan signed signed in Moscow. Tukrmenistan and Ukraine did not sign the treaty, but became associate members, with Turkmenistan becoming a full member on December 24, 1993. Georgia became a full member in October 1993.
 
Article 31 of the Treaty provides: "The Contracting Parties pledge to resolve their disputes in respect to interpretation and implementation of the present Treaty by means of negotiations or through the Economic Court of the Commonwealth of Independent States. If the Economic Court finds that a State Member of the Economic Union has failed to fulfill an obligation under the present Treaty, the State shall be required to take necessary measures to comply with the judgment of the Economic Court. The Contracting Parties shall work out and conclude a special agreement on the procedures for deliberation of disputed issues in respect to economic relations of the entities of the Member States of the Economic Union, as well as on a system of sanctions for non-fulfillment of the assumed obligations. If the Contracting Parties fail to resolve their disputes by means of negotiations or through the Economic Court of the Commonwealth of Independent States, they have agreed to resolve them in other international judicial bodies in accordance with their respective rules of procedure." (see 34 ILM 1309 1995)

Plenum of the ECCIS adopted its Rules of Procedure.

Agreement on the conditions of presence of the Economic Court of the Commonwealth of Independent States on the territory of the Republic of Belarus signed in Minsk. In force since 1997.06.12.

Plenum of the ECCIS adopted revised Rules of Procedure.

Resolution of the Interstate Council of the Eurasian Economic Community № 123 "On the establishment of the Court of the Eurasian economic community" (note: unofficial translation of the title of the resolution)

Resolution of the Council of the Heads of the States of the Commonwealth of Independent States "On the assignment of the role of the court of the Eurasian Economic Community to the Economic Court of the Commonwealth of Independent States" (note: unofficial translation of the title of the resolution)

Agreement between the Commonwealth of Independent States and Eurasian Economic Community in respect of performance by the Economic Court of the Commonwealth of Independent States of the functions of the Court of the Eurasian Economic Community signed in Minsk (Belarus).

Council of the Heads of the States of the CIS passed a resolution "On the improvement and reformation of the bodies of the CIS."

Article 4 of the Resolution provides: "Council of the Permanent Plenipotentiary Representatives of the Member-States of the Commonwealth in cooperation with the Executive Committee of the CIS shall produce a study, with the assistance of experts, of the effectiveness of the Economic Court of the CIS, taking into account the transition of this organ to the session basis as well as for the purpose of making propositions in respect of its further reformation." (note: unofficial translation of the resolution)

session of the plenum of the Economic Cour of the CIS took place in Moscow (RF), with the primary purpose of discussing issues related to the Resolution of the Council of the Heads of the States of the CIS "On the improvement and reformation of the bodies of the CIS." (note: unofficial translation of the title of the resolution)