Prime ministers of EEU approves Customs Code

Should the draft is signed by the presidents before the end of Dec., the new Customs Code will come intro force starting from Jan. 2017
Prime ministers of EEU approves Customs Code
17 November 09:53 2016 Print This Article

The prime ministers of the Eurasian Economic Union (EEU) member states agreed on the draft Customs Code at a meeting of the Eurasian Intergovernmental Council in Gorky, Moscow Oblast. The document was sent to the countries for the signing, reports the press service of the Eurasian Economic Commission.

Should the document is signed by the presidents before the end of Dec., the new Customs Code will come intro force starting from Jan. 2017.

“The prime ministers agreed on all the issues connected to the approval of the draft Customs Code. Therefore, we can officially say that the hardest part is over,” said the head of the working group on the development of the Customs code legislative part, the member of the Board – Minister in charge of Customs Cooperation of the Eurasian Economic Commission Mukai Kadyrkulov.

The draft Customs Code is a comprehensive, codified international treaty, which is supposed to become one of the key documents that make up the EEU law. It is fully based on electronic document circulation in customs matters: electronic declaration, automated registration of a customs declaration, automatic release of goods, and application of an one-stop shop principle. An entire separate chapter of the draft is dedicated to the institute of authorised economic operators, which will substantially change the relationship between the customs authorities and representatives of the business communities. That will contribute to the development of the economic and export potential of the EEU.

Print this entry

view more articles

About Article Author

Anastasia
Anastasia

View More Articles