CIS MPs Draft Model Laws in Field of Digitalization
20 May 2022
On 20 May 2022, a meeting of the IPA CIS Permanent Commission on Economy and Finance took place in the Tavricheskiy Palace – the IPA CIS headquarters.
The meeting brought together the MPs of the Azerbaijan Republic, the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic, the Russian Federation, the Republic of Tajikistan and the Republic of Uzbekistan, experts and staff members of the IPA CIS Council Secretariat.
Secretary General of the IPA CIS Council Dmitriy Kobitskiy opened the meeting and informed that the Commission continued drafting 12 model laws and recommendations, including a set of laws in the field of digitalization of the economy. He also noted that the Commission successfully continued developing cooperation between the IPA CIS and international organizations.
Further, the meeting continued with an organizational issue. Member of the Committee of the Milli Majlis of the Azerbaijan Republic on Economic Policy, Industry and Entrepreneurship Rufat Guliyev was re-elected for a new term as deputy Chair of the Commission.
A package of model laws in the field of digitalization took a significant place on the agenda. The discussion began with the draft Model Law on Digital Financial Assets. Chair of the IPA CIS Permanent Commission on Economics and Finance, member of the Standing Commission of the National Assembly of the Republic of Armenia on Regional and Eurasian Integration Issues Aleksey Sandykov noted the relevance of the document.
Moreover, the draft Model Laws on the Digital Transformation of Industries of the CIS Member Nations, on the Digital Transformation of the Service Sector of the CIS Member Nations, on the Digital Space, Its Infrastructure and Regulation in the CIS Member Nations and on Digital Rights were considered.
The meeting also continued its work on the Special Part of the Model Tax Code for the CIS Member Nations. Chapters 3, 3.1 and 3.2 on simplified and patent taxation systems and professional income tax were considered.
The meeting also approved the proposals submitted earlier to the draft Long-Term Plan for Model Law-Making in the Commonwealth of Independent States for 2023-2025.
