The document pointed to the need for additional measures to form a common economic space and create equal conditions for economic entities in the two countries.
The statement also indicated that before a common monetary unit of the Union State was introduced, the Central Bank of Russia and the National Bank of the Republic of Belarus would pursue a coordinated policy to maintain the stability of exchange rates of the Russian and the Belarusian rouble.
Aside from the joint statement the two leaders signed a directive on progress in the implementation of the Treaty on the Union State and a programme of action for Russia and Belarus to realise its provisions.
A series of resolutions, in particular on progress in the work on a draft of the Constitutional Act of the Union State, on the budget of the Union state, on the procedure for drawing up and implementing the budget of the Union state, and other regulations, were also signed.
In the presence of both presidents, an agreement between the Russian and Belarusian governments on equal pricing policy conditions was signed, as well as an agreement on expanding cooperation in the gas sector.