Commonwealth of Independent States

EENI- School of International Business

Subject: The Commonwealth of Independent States (CIS). Syllabus:

1. Introduction to the Commonwealth of Independent States (CIS)
2. The Economic Profile of the countries of the Commonwealth of Independent States: Armenia, Azerbaijan, Kazakhstan, Kyrgyzstan, Moldova, Tajikistan, Turkmenistan, and Uzbekistan
3. The Economic and Customs Union of the Commonwealth of Independent States
4. The Free-Trade Area of the Commonwealth of Independent States (CISFTA)
5. The Free Trade Agreement (FTA) with the Eurasian Economic Union (EEU)

The aims of the subject “The Commonwealth of Independent States (CIS)” are the following:

1. To understand the objectives and functions of the Commonwealth of Independent States
2. To know the economic profile of the Commonwealth of Independent States member countries
3. To evaluate the benefits for the member countries and the areas of cooperation
4. To understand the economic and customs union and the free-trade area (CIS-FTA) of the Commonwealth of Independent States

Sample of the subject - The Commonwealth of Independent States (CIS):

Description of the Subject: CIS (Commonwealth of Independent States).

The Commonwealth of Independent States (CIS) was created in 1991, by the heads of state of Russia, Belarus, and Ukraine. Between December 8 - 21, the three original signatories were joined by Armenia, Azerbaijan, Kazakhstan, Kyrgyzstan, Moldova, Tajikistan, Turkmenistan, and Uzbekistan.

The Headquarters of the Commonwealth of Independent States are in Minsk (Europe).

The member countries of the Commonwealth of Independent States (CIS) are Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyz Republic, Moldova, Russia, Tajikistan, Turkmenistan (*), Ukraine (*) and Uzbekistan.

(* associated states/not ratified).

The Free-Trade Area of the Commonwealth of Independent States (CIS) was created in 1994. In 2009, a new agreement created the CISFTA. Today, Armenia, Belarus, Moldova, Russia, and Ukraine are full members of the Free-Trade Area of the Commonwealth of Independent States (CISFTA).

The Commonwealth of Independent States (CIS) region.

1. Area: 22 million square kilometres
2. Population: 282 millions of people
3. Vast mineral resources and raw materials: gas, Petrol, coal, potassium, manganese
4. Export of mineral resources
5. Water resources (second in the World)

When Georgia joined in 1993, all the former Republics of the USSR excluding the Baltic States had become members of the Commonwealth of Independent States (or Russian Commonwealth).

The Commonwealth of Independent States (CIS) belongs to the:

1. Central Eurasian Economic Area of the Islamic Civilisation
2. Orthodox Civilisation