ArmInfo. On September 10, the Armenian Parliament approved the draft law "On ratifying the "Agreement on a Harmonized System for Determining the Origin of Goods Exported from the Customs Territory of the EAEU." After the agreement enters into force (signed on December 4, 2023 in Moscow), foreign trade participants exporting goods to third countries will have a document containing all the basic provisions on working with origin.
This will help solve two problems at once - simplifying the access of Eurasian goods to foreign markets and preventing the emergence of barriers in the Union's internal market>. The Agreement is aimed at creating uniform mechanisms for documentary confirmation of the origin of products exported from the EAEU and establishing uniform rules for interaction between exporters and organizations that issue certificates of origin.
In addition, the document lays the legal basis for the formation of a new institution within the Union that allows verification of the preferential origin of goods being supplied to free trade partner countries of the EAEU in a simplified format: the institution of authorized exporters. Participants in foreign trade who have obtained this status will be able to benefit from tariff preferences without having to obtain certificates of origin for their goods. Thus, after receiving the appropriate authorization instead of certificates, the receipt of which is associated with the need to contact authorized organizations, they will be able to issue documents independently. This will save them time and financial resources.
An important role in the Agreement is also given to issues of determining the origin of goods, in relation to which export regulatory measures are applied. A seamless internal contour is being created at the customs border of the EAEU, which will enable the five countries to reevaluate the possibilities of adjusting export regulatory measures, thereby minimizing the restrictions that periodically arise in mutual trade. Armenian parliamentarians also approved the ratification of the agreement on the rules for the issuance, circulation and cancellation of warehouse receipts for agricultural products within the EAEU.
The agreement was signed in Moscow on July 31, 2023, by representatives of the governments of Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia. The document establishes the legal framework for cooperation in issuance, circulation and cancellation of warehouse receipts for agricultural products. We are talking about uncertificated non-emission securities certifying the right to receive agricultural products from a warehouse. Their quantity and quality are determined upon the issue of this paper. Warehouse receipts also provide the right to demand the fulfillment of obligations secured by collateral.
The document allows for mutual recognition by member states of the EAEU warehouse receipts issued in these countries that meet the requirements of the agreement. The document establishes uniform approaches to the circulation and cancellation of certificates, outlines requirements for the standard form of a public storage agreement, provides directions for ensuring state control in this area, specifies mandatory information contained in a warehouse certificate, and lists of information that must be made available on the Internet regarding the operation of the national system for the circulation of warehouse certificates.
