ArmInfo. The Custom services of Eurasian Economic Union (EEU) and the General Customs Department of Chinese People Republic agreed to complete by the end of the year the modification of the Agreement on customs information exchange. That was stated by the Director of the EEU Customs Department during the regular session of the Consulting Committee on Customs Regulation on March 27.
The Consulting Committee members discussed the feasibility of conduction of two scientific research works, aimed at the settlement of some issues that both the Commission and National bodies face during the digitalization of the foreign economic activities sector. According to EEU specialists, working on the projects of transnational decisions, connected to the electronic interaction, they have fetched out a number of problems.
The EEC specialists are confident that their first work will determine multipurpose instruments will give an option to establish the unified rules of electronic documents creation and clears up any uncertainties.
The second work is aimed at the determination of economic and integration effects expected from the electronic documents turnover in the customs sector.
The Eurasian Economic Commission (EEC) is the permanent regulatory body of the Eurasian Economic Union (EAEU). It started work on February 2, 2012. The main purpose of the Eurasian Economic Commission is ensuring the functioning and development of the EAEU, and developing proposals for the further development of integration. Currently there are five EEC countries: The Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic and the Russian Federation. The EEC has supranational regulatory body status and its activity is guided by the interests of the participating countries of the Eurasian Economic integration project in general, not motivating its decisions by any interests of national Governments. Decisions of the Commission are obligatory for execution on the territory of the EAEU Member States.