Friday, July 8 2016 16:02
Naira Badalian

Minister: EEU countries will have common Customs Code by December 1 2016

Minister: EEU countries will have common Customs Code by December 1 2016

ArmInfo. EEU countries will have common Customs Code by December 1 2016, member of the Collegium, Minister of Economy and Financial Policy of the Eurasian Economic Commission Timur Suleymanov told journalists on July 8 on the sidelines of the 9th session of the Consultative Committee for Entrepreneurship of the Eurasian Economic Commission.

The Minister noted that the Customs Code will be the main document by its scope. According to him the document regulates all the customs relations between the EEU countries. "Obviously taking into account the differences of the risk management systems and customs services and point of views on business-state relations it is very difficult to bring in line all these documents", Suleymanov stated.

He recalled that during the summit of the EEU Prime Ministers on May 20 in Yerevan strict deadlines were set for adoption of the document. "This instruction will be carried out for sure. We will have the Code by December 1", he stated.

At the same time Suleymanov noted that the Commission's task is to draft a good Code, which will not be just a compromise to meet the deadline. "I call for the business-communities of the EEU countries and our counterparts from the Armenian government to keep all the right and progressive provisions and to develop them as much as possible", he summarized.

To recall, at the 5th Intergovernmental Session of EEU Council on May 20 in Yerevan the sides agreed on the draft concept of establishing common market of petroleum and petroleum products, the terms of adopting the common customs code and a number of other important documents for deepening further cooperation. The EEU customs code may be approved at the regular session of Intergovernmental Council on October 28 in Moscow", Chairman of the Eurasian Economic Commission Collegium Tigran Sargsyan informed. He also said that a conceptual agreement has been reached on the key issues and only some additional issues are left, which the sides will continue discussing in Sochi on August 12.

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