Regulations on the Business Council under the Interstate Commission for Military and Economic Cooperation of the Collective Security Treaty Organization

I. General provisions

1. The Business Council under the Interstate Commission for Military-Economic Cooperation of the Collective Security Treaty Organization (hereinafter referred to as the Business Council) was established in accordance with the Decision of the Interstate Commission for Military-Economic Cooperation of the Collective Security Treaty Organization.

2. The Business Council is intended to analyze and develop proposals for solving the most important problems in the field of military-economic cooperation affecting the interests of the financial and industrial circles of the member states of the Collective Security Treaty Organization (CSTO), defining the strategic objectives of the CSTO in the field of military industrial integration and ways of their implementation, preparation of proposals for the regulatory legal support of interstate military-economic cooperation.

3. In its activities, the Business Council is guided by the CSTO Charter, agreements and decisions concluded within the framework of the CSTO, these Regulations, as well as the legislation of the CSTO member states and is accountable to Interstate Commission for Military-Economic Cooperation.

II. The composition of the Business Council
4. The Business Council consists of the national parts of the Business Council, the Chairman of the Business Council and the First Deputy Chairman of the Business Council.

5. The national parts of the Business Council are made up of representatives interested in military and economic cooperation of holdings, concerns, industrial enterprises and financial circles of the CSTO member states.

The Business Council may include representatives of interested ministries and departments involved in the implementation of the tasks of military-economic cooperation and having interests in the development of the defense-industrial complexes of the CSTO member states.

The national parts of the Business Council are headed by the heads of the national parts of the Business Council - the Deputy Chairmen of the Business Council.

The head of the national part of the Business Council - Deputy Chairman of the Business Council is appointed by the decision of the Head of the national part of the Interstate Commission for Military-Economic Cooperation of the CSTO member state. The composition of the national part of the Business Council is determined by the Deputy Head of the Business Council of the national part of the Business Council.

The changes in the staff of the national part of the Business Council The head of the national part of the Business Council - Deputy Chairman of the Business Council informs the Chairman of the Business Council.

6. The Chairman of the Business Council and the First Deputy Chairman of the Business Council are elected for a period of three years by an open vote by a general majority of the heads of the national parts of the Business Council and are approved by the decision of the Interstate Commission for Military-Economic Cooperation.

III. Functions of the Business Council
7. The Business Council addresses issues and develops proposals and recommendations aimed at ensuring multilateral military-economic cooperation in the following priority areas:

a) analysis of the state of integration processes in the military-industrial sphere and the development of proposals on the directions and forms of their development;
b) the creation of joint ventures and large interstate integrated structures within the CSTO;
c) the creation of favorable conditions for the organization and implementation of joint research and development and production programs in the field of weapons and military equipment;
d) the interaction of the defense-industrial complexes of the CSTO member states and the interconnection of their conversion projects and diversification programs;
e) improving the organizational, financial and other aspects of the activities of the Interstate Commission for Military-Economic Cooperation.

IV. Business Council Rights
8. In order to fulfill its functions, the Business Council has the right to:

a) develop recommendations on a range of issues related to military-economic cooperation;
b) to submit proposals on matters related to the implementation of the functions assigned to the Business Council in accordance with the Rules of Procedure of the Interstate Commission for Military-Economic Cooperation for consideration of the Interstate Commission for Military-Economic Cooperation.

V. Organization of the Business Council

9. The Business Council carries out its activities in accordance with the work plan of the Interstate Commission for Military-Economic Cooperation and the Interstate Commission for Military-Economic Cooperation Rules of Procedure.
Meetings of the Business Council are held as necessary, as a rule, when holding meetings of the Interstate Commission for Military-Economic Cooperation or international exhibitions (salons) of weapons, military and special equipment of the CSTO member states. The time and place of the next meeting of the Business Council are determined at the previous meeting of the Business Council.

10. The main form of activity of the Business Council is to conduct its own meetings and participate in meetings of the Interstate Commission for Military-Economic Cooperation.
In order to more effectively carry out the functions assigned to the Business Council, sections of the Business Council may be formed on thematic areas of its activities, which include members of the Business Council.

The number of sections of the Business Council and their composition, including section heads, is approved by the Chairman of the Business Council.

For the operational consideration of the activities of the Business Council, the Chairman of the Business Council, his First Deputy, heads of the national parts of the Business Council - Deputy Chairmen of the Business Council, heads of sections of the Business Council shall form the Presidium of the Business Council, headed by the Chairman of the Business Council.

11. Representatives of state bodies or defense industry complexes of the CSTO member states may participate in the meetings of the Business Council as experts in matters within their competence.

12. If it is impossible for the Chairman of the Business Council to attend the meeting of the Business Council, the meeting is managed by the First Deputy Chairman of the Business Council.

13. Chairman of the Business Council:
a) provides overall guidance on the preparation of meetings of the Business Council;
b) leads meetings of the Business Council;
c) signs the decisions of the Business Council;
d) organizes the work of the Business Council in the period between its meetings;
e) interacts with the executive authorities of the CSTO member states in charge of military economy issues and the CSTO Secretariat in order to plan and implement military-economic cooperation activities;
f) represents the Business Council at the meetings of the Interstate Commission for Military-Economic Cooperation;
g) performs other functions in accordance with the decisions of the Interstate Commission for Military-Economic Cooperation.

14. Based on the results of its activities, the Business Council prepares recommendations and proposals, which are considered at the Interstate Commission for Military-Economic Cooperation meetings in accordance with the Interstate Commission for Military-Economic Cooperation Rules of Procedure.

15. The organizational, logistical, legal and informational support for the preparation and holding of meetings of the Business Council is provided by the host state.

16. The costs of secondment of members of the Business Council and invitees to meetings of the Business Council shall be borne by the sending state.