News

The meeting of the Supreme Eurasian Economic Council approved a list of regulatory legal acts of the Eurasian Economic Union Member States in the sphere of natural monopolies subject to convergence. The Heads of State instructed the EAEU countries to work on supplementing the national legislations specified in this list. 

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

The list covers regulatory legal acts relating to the spheres of natural monopolies in terms of railway transportation, fuel and energy complex, air navigation, water supply and water disposal, as well as stipulating the norms on including or excluding the natural monopoly services and maintaining a register of natural monopoly entities. The list of 26 legal acts of the Union Member States can be supplemented and updated as and when proposals are received from the parties or the Commission.

The EAEU countries are expected to work on amending their legislation on this list in the next four years.

"The results of our joint work will enable consumers, regardless of their origin in any EAEU Member State, to understand the general approaches of state regulation in rendering services by natural monopolies," noted Arzybek Kozhoshev, EEC Minister in charge of Energy and Infrastructure. 

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