On May 29, 2014, in Astana at the meeting of the Supreme Eurasian Economic Council the Heads of three countries-participants - Kazakhstan, Russia and Belarus - signed the agreement on establishment of the Eurasian Economic Union, which goes into effect on January 1, 2015.
It should be noted that Nursultan Nazarbayev, President of Kazakhstan, proposed to the parliaments of the countries-participants to synchronize the time of ratifying the agreement on establishing the EaEU, in order to the Union begins fully operating since January 1, 2015.
