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Agreement on the rules of release (delivery), circulation and redemption within the framework of the Eurasian Economic Union of warehouse receipts for agricultural commodities.

Type of law
Agreement
Source

Abstract
Warehouse receipt shall be intended undocumented non-issued security certifying the right of its holder to receive at the warehouse agricultural commodities in quantity and quality, determined upon release (issuance) of this paper, and providing the right to demand the fulfillment of obligations secured by a pledge. This Agreement governs legal relations concerning release (issuance), circulation and redemption within the Union of warehouse receipts, and determines the requirements for warehouse receipts. Types of agricultural commodities for which warehouse receipts are released (issued), are determined by the legislation of a Member State. Information about the released (issued) warehouse receipts is entered into the register of warehouse receipts. The warehouse register contains the following information: (a) about the type of agricultural commodities in storage of which the warehouse specializes; (b) name, type, capacity, available storage volume, the location of the warehouse and the storage location of agricultural commodities; (c) document confirming the registration of the warehouse in the register of warehouses issued in accordance with the legislation of a Member State; and (d) other information in accordance with the legislation of a Member State.
Date of text
Entry into force notes
This Agreement enters into force upon the expiration of 30 calendar days from the date of receipt by the depositary through diplomatic channels of the last written notification of the completion by Member States of the internal procedures required for the entry into force of this Agreement, but not earlier than June 1, 2026.
Repealed
No
Source language

English

Legislation Amendment
No
FAOLEX Organization
EAE
Original title
СОГЛАШЕНИЕ о правилах выпуска (выдачи), обращения и погашения в рамках Евразийского экономического союза складских свидетельств на сельскохозяйственную продукцию.