Budgeting and Getting Finance

1. Have you ever drawn up a personal budget? If so, was it a yearly, monthly or weekly budget?
2. Do you set a budget for holidays?
3. If you were to present a budget, how would you answer a question such as ''What could you do with half of that? ''
4. What parties agreed on Italy's latest budget?
5. What bodies are involved in the approval of the EU's yearly budget? - PSoI
6. List 5 good practices that can help you keep to your personal budget:
7. What is a balanced budget?
8. If you were to cut your budget, which entries would you consider?
9. What sectors have been more heavily affected by budget reduction in your country over the last year?
10. What could you do in order to slash your food budget?

https://busyteacher.org/22336-budget-and-getting-finance.html

Eurasian Economic Community

Emblem

Eurasian Economic Community is an international organization that ensures multilateral economic cooperation among its member states.

The EurAsEC was founded according to the Treaty on the Establishment of the Eurasian Economic Community, signed by the presidents of the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic, the Russian Federation and the Republic of Tajikistan in Astana on October 10, 2000.

In January 2006 the Republic of Uzbekistan joined the Community, but suspended its participation in the work of the EurAsEC's governing bodies since 2008.

In May 2002 the Republics of Moldova and Ukraine were granted observer status at the EurAsEC, and in April 2003 the same status was granted to the Republic of Armenia.

Incorporated as an international legal body, in 2003 EurAsEC was granted observer status in the United Nations General Assembly. During its 62nd session in December 2007 the UN GA adopted the resolution " Cooperation between the United Nations and the Eurasian Economic Community (EurAsEC)".

EurAsEC member states occupy a total area of 20.3 m sq. km. Their population exceeds 181 m. The trade turnover of the member states has increased three times since 2002, and in 2007 exceeded USD 90 bn.

During the Interstate Council meeting on August 16 2006 in Sochi heads of state Alexander Lukashenko, Nursultan Nazarbayev, Kurmanbek Bakiyev, Vladimir Putin, Emomali Rakhmon and Islam Karimov made a decision to establish a customs union within the EurAsEC framework, with the Republic of Belarus, the Republic of Kazakhstan and the Russian Federation as initial members. Other EurAsEC member states will join the customs union when their economies are ready to take this step. During the IC meeting on October 6, 2007 in Dushanbe they considered the issue of forming the legal basis of the customs union and signed some agreements on the subject.

The establishment of the EurAsEC customs union and common economic space will enable the Community to become in the near future a rapidly developing organization for regional integration, able to ensure effective use of existing economic potential to raise the living standard of its peoples.

The past decade has convincingly shown the demand for EurAsEC achievements such as the creation of the Customs Union between Belarus, Kazakhstan and Russia and the establishment of the Anti-Crisis Fund and the EurAsEC Centre for High Technologies. Formation of the Common Economic Space is proceeding with confidence. This publication has been prepared to meet the growing public interest in EurAsEC as a successful regional union.

Meeting of the EurAsEC Interstate Council on 5 July 2010 in Astana

The Eurasian Economic Community (EAEC or EurAsEC) originated from the Commonwealth of Independent States (CIS) Customs Union of Belarus, Kazakhstan and on 29 March 1996.The Treaty on the establishment of the Eurasian Economic Community was signed on 10 October 2000, in Kazakhstan's capital Astana by Presidents Alexander Lukashenko of Belarus, Nursultan Nazarbaev of Kazakhstan, Askar Akayev of Kyrgyzstan, Vladimir Putin of Russia, and Emomali Rakhmonov of Tajikistan. On 7 October 2005 it was decided between the member states that Uzbekistan would join. Freedom of movement without visa requirements has been implemented among the members. A Common Economic Space for the community was launched on 1 January 2010.

The Eurasian Economic Commission is the regulatory agency for the Eurasian Economic Community Common Economic Space and the Customs Union of Belarus, Kazakhstan and Russia.

On 10 October 2014 an agreement on the termination of the Eurasian Economic Community was signed in Minsk after a session of the Interstate Council of the EAEC. The Eurasian Economic Community was terminated on 1 January 2015 in connection with the launch of the Eurasian Economic Union.

The Eurasian Economic Community was established for effective promotion of the creation by the Customs Union member states of a Single Economic Space and for coordinating their approaches while integrating into the world economy and the international trade system. One of the Organization's chief activity vectors is ensuring the dynamic evolution of the Community states through coordinating their economic and social reforms while effectively using their economic potentials to improve the living standards of their peoples. Among the principal tasks of the Community are:

• completing the formalization of a free trade regime in all respects, creating a unified customs tariff and a unified system of nontariff regulation measures;
• laying down the common rules for trade in goods and services and their access to internal markets;
• Ensuring the free movement of capital
• introducing a unified procedure for foreign exchange controls;
• creating a common unified system of customs regulation;
• Harmonization of economies for the transition to a future single currency
• drawing up and implementing joint programs of economic and social development;
• creating equal conditions for production and entrepreneurial activities;
• forming a common market for transportation services and a unified transport system;
• forming a common energy market;
• creating equal conditions for access by foreign investment to the sides' markets;
• giving the citizens of the Community states equal rights in receiving education and medical assistance throughout its territory;
• converging and harmonizing national legislation;
• ensuring the coordination of the legal systems of the Eurasian Economic Community states with a view to creating a common legal space within the Community.

https://en.wikipedia.org/wiki/Eurasian_Economic_Union

1.Summarize the EAEC and the role of the Customs Union in the economic development of the CIS countries.

FOCUS ON SPEAKING

Part 1

Debate club: Participants discuss pros and cons of entering the World Trade Organization (WTO).

Part 2

Round table: Euro-Asian Economic Cooperation the Customs Union are sources of growth for economy of member countries.

Part 3

International Conference: Main factors, influencing on the process of economic globalization (it is held with the participation of interpreters).