ArmInfo. The Armenian government has approved draft agreement on Customs Code of the Eurasian Union.
Head of State Revenue Committee of Armenia Vardan Harutyunyan stated that the code regulates all the customs relations related to import and export of goods from the EEU countries into third countries. Economic entities will be given an opportunity to use common customs legislation in the countries of the Eurasian union. The document envisages online customs declaring of goods. In this case according to Harutyunyan it will be easier and faster for businesses to fill them and for customs officers to increase efficiency of the process of customs control. Armenia plans to fully pass to online declarations from 2020. Customs Code will allow Armenia creating a free economic zone, which will increase investment attractiveness of the country, he noted.
Armenia's Prime Minister Karen Karapetyan noted that the Customs Code is a quite important document. "It is necessary to at most adapt the customs code to the local legislation making the mechanisms of use maximally available", Karapetyan stated emphasizing the importance of the fact that the Customs Code sets forth Armenia's right to create a FEZ on the border with Iran.
It is planned to approve the Customs Code of the Eurasian Economic Union on the summit in Saint Petersburg on December 26, Vladimir Putin stated at the meeting with the Chairman of Eurasian Economic Commission Collegium Tigran Sargsyan. The Russian President noted that the agreements, which exist today are only a basis for free transportation of goods, capitals and people within the EEU. Adoption of the new Customs Code will become an important step for forming a common economic space.