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28 Feb 2017 Belarus and Kyrgyzstan remove barriers in the field of taxation Belarus and Kyrgyzstan remove barriers regarding VAT on certain types of agriculture and fish farming commodities. Change of taxation will occur within the framework of the activity to remove obstacles for the free movement of goods and services on domestic markets of the Eurasian Economic Unity (EAEU) and prevent their occurrence.

28 Feb 2017 The procedure for crossing the border between the EAEU and Iran can be simplified At a bilateral meeting in Geneva, the EEC Board member - Minister in charge of energy and infrastructure Adamkul Zhunusov and the Minister of roads and urban development of Iran Abbas Ahundi discussed plans for cooperation in the fields of transport and infrastructure. They discussed simplification of procedures for the crossing of the border between the Eurasian Economic Union (EAEU) and Iran, providing favorable conditions for transit and development of transport corridors.

28 Feb 2017 Medicines in the EAEU may become five times cheaper Medicines in the Eurasian Economic Union (EAEU) may may become five times cheaper, and automobile spare parts and perfumery and cosmetic products two or three times cheaper through the introduction of a “parallel” imports for these goods. This was reported by the EEC Board member - Minister in charge of competition and antitrust regulation of the Eurasian Economic Commission Nurlan Aldabergenov at a session with the heads of antimonopoly bodies of the Member States held in Moscow on February 28. According to the EEC Minister, the “parallel” imports will significantly reduce prices in the EAEU States for many imported goods.

28 Feb 2017 Baby toys, entertainment items and electric household appliances in the EAEU States will become safer The EEC Board endorsed a prohibition on the use of high-intensity loose magnets and small size magnets in toys, established transitional provisions for technical regulations of the Eurasian Economic Union (EAEU) on entertainment facilities and dangerous substances in electrical and radioelectronics products, adopted a number of other important decisions in the areas of technical regulations, industry and agroindustrial complex, and customs cooperation.

27 Feb 2017 The EEC Minister Tatyana Valovaya: “Cooperation with Brazil strengthens relation between the EAEU and Latin America” Issues of trade and economic cooperation between the countries of the Eurasian Economic Union (EAEU) with Brazil and leading integration association of South America (MERCOSUR) were discussed at a meeting of the EEC Board Member - Minister in charge of integration and macroeconomics Tatyana Valovaya with the Ambassador Extraordinary and Plenipotentiary of Brazil in Russia, Antonio Luis Espinola Salgado.

27 Feb 2017 The EAEU opens up new possibilities for European business “The German business considers the establishment of the EAEU economically reasonable," said the Chairman of the EEC Board Tigran Sargsyan about the results of the study conducted by the Russian-German Chamber of Foreign Trade before the Conference “New rules, new spaces - opportunities in Russia and the EAEU”. Tigran Sargsyan and the EEC Board members - Ministers Karine Minasyan and Mukai Kadyrkulov were the main speakers of the forum, which brought together more than 400 representatives of German business, already engaged in business on the territory of the Union States or considering investment opportunities in the EAEU States.

22 Feb 2017 EEC Minister Valery Koreshkov: “In the EAEU, we will achieve free circulation of medicines that meet the needs of health care and international trade” The establishment of the Pharmacopoeia in the Eurasian Economic Union (EAEU) (a single set of requirements for the quality of medicines) is necessary not only for the production of quality medicines, but also for the stable development of the pharmaceutical industry in the Union. As a result, citizens of the EAEU States will be provided with safe and high-quality medicines.

22 Feb 2017 The EEC Minister Sergey Sidorskiy: “The EEC supports business initiatives on modernization and innovative development of the real sector of economy” Over the short time span, the countries of the Eurasian Economic Union (EAEU) managed to agree on the common industrial policy, develop approaches to the formation of innovative economy. The EEC supports business initiatives on modernization and innovative development of the real sector of economy.

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