eurasian-economic-union-flag.jpg

The Board of Eurasian Economic Commission, as the highest governing body of EEU Commission, has recently adopted several important trade-related decisions.

Decision N 83 of July 26, 2016 lists goods that are of major importance for internal market of the EEU for which temporary ban on export can be introduced in exceptional cases. Such cases are not defined in the Decision. Among various types of products, there are also meat (from bovine, swine, sheep and goats), milk, cream and cereals. The decision took effect on August 27, 2016.

Decision N 97 of August 30, 2016 establishes tariff quotas and its distributed amounts for agricultural goods, which are meant for import on the territory of EEU member states in 2017. This Decision brings new foreign trade rules different from the previous ones, which included export/import licensing of products.

Goods in respect of which the quotas were set are mainly fresh and frozen meat and certain types of modified whey products. Quotas are to be distributed between third countries, according both to Russian legislation and obligations of Russia within World Trade Organization.

Products made and imported from Commonwealth of Independent States (CIS) are excluded from customs procedure defined in. CIS states include EEU member states and Moldova, Tajikistan and Uzbekistan, and the associate states of Turkmenistan and Ukraine.

This decision will become valid from September 30, 2016.

Posted by Selerant RSA on Sep 30, 2016

Subscribe to the newsletter

Recent Posts

Topics

see all