Forming a common labor market is understood to be a system of coordinated measures for reproduction, management, exchange and rational use of labor in the CIS participating states to increase the efficiency of aggregate labor and intellectual potential of the Commonwealth countries.

The CIS Executive Committee has hosted a meeting of an expert group in Minsk to finalize and approve the draft concept of the gradual formation of a common labor market and the regulation of labor migration of the CIS participating countries, Argumenty.ru reported. The common labor market involves the formation of legal, economic and social conditions and mechanisms that take into account the interests of workers as much as possible. Its creation will be an important factor in the economic development of the CIS countries.

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