On This Day

Russia, Belarus and Ukraine form the Commonwealth of Independent States

The Common Economic Space is the goal and the result of the process of economic integration of post-Soviet states envisaged by Article 7 of the Agreement on the creation the Commonwealth of...

The Common Economic Space is the goal and the result of the process of economic integration of post-Soviet states envisaged by Article 7 of the Agreement on the creation the Commonwealth of Independent States signed on 8 December 1991. According to Article 7, the High Contracting Parties indicate that through common coordinating institutions, their joint activities will consist in coordinating foreign policy activities, cooperation in the formation and development of a common economic space, common European and Eurasian markets, in the field of customs policy, in the development of transport and communication systems, cooperation in the field of environmental protection, migration policy and the fight against organized crime.

The former Soviet republics that became independent states were...

Historical Significance

The Common Economic Space is the goal and the result of the process of economic integration of post-Soviet states envisaged by Article 7 of the Agreement on the creation the Commonwealth of Independent States signed on 8 December 1991.

Events Before

  1. Alan Hale Jr. dies

    Alan Hale Jr., American actor, known for american actor, died on 1990-01-02. Alan Hale Jr. was an American actor and restaurateur.

  2. Composer Andrew Lloyd Webber (41) divorces singer/dancer Sarah Brightman (29) after almost 7 years of marriage

    Composer Andrew Lloyd Webber (41) divorces singer/dancer Sarah Brightman (29) after almost 7 years of marriage

  3. NFL coach Jimmy Johnson (46) divorces Linda Kay Cooper after 26 years of marriage

    NFL coach Jimmy Johnson (46) divorces Linda Kay Cooper after 26 years of marriage

  4. John McEnroe becomes the first player to be expelled from the Australian Open

    John McEnroe becomes the first player to be expelled from the Australian Open

  5. Actor Michael Keaton (38) divorces actress Caroline McWilliams (44) after 7 years of marriage

    Actor Michael Keaton (38) divorces actress Caroline McWilliams (44) after 7 years of marriage

Events After

  1. Grace Hopper dies

    Grace Hopper, American u.s. naval officer and computer scientist, known for u.s. naval officer and computer scientist, died on 1992-01-01.

  2. MLB baseball right fielder Sammy Sosa (23) weds Sonia Rodriguez

    MLB baseball right fielder Sammy Sosa (23) weds Sonia Rodriguez

  3. The Maastricht Treaty is signed by 12 countries from the European Community (EC) to create the European Union (EU)

    The European Union is a geo-political entity, created in 1993, covering a large portion of the European continent.

  4. American record producer Lou Adler (58) weds American actress Page Hannah (27) (Daryl's sister)

    American record producer Lou Adler (58) weds American actress Page Hannah (27) (Daryl's sister)

  5. NHL players begin first strike in 75-year history; 10 day action earns large playoff bonus increase, more control over l

    NHL players begin first strike in 75-year history; 10 day action earns large playoff bonus increase, more control over licensing of their likenesses and changes to free agency system

More from the 1990s

Frequently Asked Questions

What happened on December 8, 1991?
The Common Economic Space is the goal and the result of the process of economic integration of post-Soviet states envisaged by Article 7 of the Agreement on the creation the Commonwealth of Independent States signed on 8 December 1991. According to Article 7, the High Contracting Parties indicate that through common coordinating institutions, their joint activities will consist in coordinating foreign policy activities, cooperation in the formation and development of a common economic space, common European and Eurasian markets, in the field of customs policy, in the development of transport and communication systems, cooperation in the field of environmental protection, migration policy and the fight against organized crime. The former Soviet republics that became independent states were...
Why is Russia, Belarus and Ukraine form the Commonwealth of Independent States significant?
The Common Economic Space is the goal and the result of the process of economic integration of post-Soviet states envisaged by Article 7 of the Agreement on the creation the Commonwealth of Independent States signed on 8 December 1991.

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