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EAEU protocol on redistributing sums of import customs duties signed

02.10.2019

According to the source, members of the Supreme Eurasian Economic Council authorized the redistribution of percentages of import customs duties among the budgets of the EAEU member states at the session in Yerevan, Armenia on 1 October.

Member states of the Eurasian Economic Union (EAEU) have signed a protocol on redistributing import customs duties, the press service of the Eurasian Economic Commission (EEC) told BelTA. Belarus' percentage has been increased in line with the document. According to the source, members of the Supreme Eurasian Economic Council authorized the redistribution of percentages of import customs duties among the budgets of the EAEU member states at the session in Yerevan, Armenia on 1 October. A protocol was signed to amend the Eurasian Economic Union Treaty and amend and terminate a number of international agreements as from 1 January 2020. In line with the protocol Armenia is supposed to receive 1.220% of the sum of the import customs duties, Belarus – 4.860%, Kazakhstan – 6.955%, Kyrgyzstan – 1.900%, and Russia – 85.065%. Provisions of the protocol will be used by the Eurasian Economic Union member states as from 1 January 2020. At present Armenia gets 1.22% of the sum of the import customs duties, Belarus gets 4.56%, Kazakhstan – 7.055%, Kyrgyzstan – 1.9%, and Russia – 85.265%.

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