Common use of PURPOSES AND OBJECTIVES Clause in Contracts

PURPOSES AND OBJECTIVES. The purpose of establishing the SES is to create conditions for the stable and efficient development of the member-states’ economies and to raise the standards of living of the population. The member countries shall strive to facilitate: • the development of trade and investment between the member-states, which would ensure the sustained development of the Parties’ economies on the basis of generally recognized principles and rules of international law; • the creation of opportunities for the development of entrepreneurship by setting up a harmonized system of regulation and integration of the infrastructure complex; • the integration and buildup of the member-states’ economic potentials in order to raise the competitiveness of the member-states’ economies on foreign markets. The member-states will deal with the stage-by-stage tasks of deepening integration by meeting their undertaken commitments and actually achieving the objectives of: • establishing a free trade area without exclusions and restrictions, which in mutual trade provides for the nonuse of antidumping, compensating and special protective measures on the basis of pursuing a uniform policy in tariff and nontarrif regulation, uniform rules of competition, application of subsidies and other forms of state support; • unifying the principles of the design and application of technical regulations and standards, sanitary and phytosanitary rules; • harmonizing macroeconomic policy; • creating conditions for the free movement of goods, services, capital and labor; • harmonizing the member-states’ legislations to the extent that is necessary for the operation of the SES, of trade and competition policy included; • designing uniform principles for regulating the activity of natural monopolies (in rail transport, telecommunication mains, transportation of electricity, oil, gas and other areas), uniform competition policy and assurance of nondiscriminatory access to and equal level of tariffs for the services provided by natural monopolies.