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27 Nov 2023 Republican budget executed with surplus in Armenia and Kyrgyzstan by results of 9 months of 2023 The budget surplus increased in Armenia and Kyrgyzstan (1.4 times and 7.8 times, respectively) compared to the corresponding period of the previous year. In Kazakhstan, the budget deficit increased by 2.8 times. In Russia the budget surplus turned into a deficit. As of October 1, 2023, the public-sector debt denominated in national currency increased by 10.5% in Armenia, by 22.2% in Kazakhstan, by 26.9% in Kyrgyzstan, and by 30.8% in Russia. In the structure of public-sector debt, external debt prevailed in Armenia and Kyrgyzstan, while internal debt prevailed in Kazakhstan and Russia.  More detailed statistics has been provided on the EEC Statistics Department’s webpage in the “Financial Statistics” section.
27 Nov 2023 Artak Kamalyan, EEC Minister in charge of Industry and Agriculture, to inform on how to get financing for cooperative project An open presentation of the mechanism of financial support for industrial cooperation in the Eurasian Economic Union will be held on December 11 at 11.00 a.m. Moscow time at the venue of the Chamber of Commerce and Industry of the Russian Federation. Representatives of industrial enterprises, industry associations, as well as regional authorities interested in developing cooperation with the EAEU partners are invited to participate in the event.   The meeting attendees will learn what criteria a cooperative project must meet to receive financial support, what requirements are set for the borrower and financial organizations, as well as which sectors of the real economy are priorities for providing support. Artak Kamalyan, Minister in charge of Industry and Agriculture of the Eurasian Economic Commission responsible for developing and implementing the new mechanism, will answer questions about implementing the financing mechanism. The meeting will be attended by representatives of the Chambers of Commerce and Industry of the Member States, sectoral industrial unions and business associations. The event will be held in a mixed format with the possibility of online participation. For more information please contact Elena Astapieva, EEC Industrial Policy Department, tel.: +7 (495) 669 24 00, ext. 48 78. You can confirm participation in the event by emailing to: astapeva@eecommission.org. For reference On October 26, 2023, the Eurasian Intergovernmental Council approved the Regulation on selecting joint cooperation projects in industries and providing financial support for their implementation by the Eurasian Economic Union Member States.
24 Nov 2023 Outcomes of EEC Council's meeting on November 23-24, 2023 At the meeting of the Eurasian Economic Commission's Council held on November 23-24 in Moscow, the Vice Prime Ministers of the Eurasian Economic Union considered 49 issues. The EEC Council granted a tariff exemption in the form of an exemption from import customs duties for certain types of cattle meat for industrial processing. The tariff exemption for the import of electric vehicles into the EAEU was extended until 2025. The Vice Prime Ministers approved a new version of the rules for issuing licenses and permits for the export and import of goods into the Union. Now these documents can be received electronically. The EEC Council extended for one year the simplified procedure for confirming the origin of goods from developing and least developed countries. Amendments were made to the EAEU marking decisions which will help ensure free movement of goods in the internal market. The possibility to manufacture marine fuel with a sulfur mass fraction not exceeding 1.5% and put it into circulation in the EAEU market was extended for three years. The EEC Council adopted a number of decisions to amend the Rules for determining the country of origin of goods for public procurement. The Union expanded the possibilities for manufacturers of tractors and self-propelled vehicles to equip them with gas-fueled engines. The EEC Council approved the Agreement on the common system for customs transit between the Eurasian Economic Union and a third party (third parties). The common system for customs transit between the EAEU and third countries is created. The EEC Council approved a decision on the EAEU countries' regulatory legal acts in the sphere of natural monopolies subject to convergence.
Common system for customs transit between EAEU and third countries is created 24 Nov 2023 Common system for customs transit between EAEU and third countries is created The Eurasian Economic Commission's Council approved the Agreement on the common system for customs transit between the Eurasian Economic Union and third party (third parties). The document defines the main principles of the common system for customs transit between the Union and a third party (third parties). The practical implementation of the Agreement on the CSCT after its adoption will simplify and optimize the transportation procedure, both by minimizing the actions of regulatory services and by reducing business overhead costs. This will be achieved through the use of a single transit declaration in the form of an electronic document; the application of common security for fulfilling the obligation to pay customs duties, taxes, special, anti-dumping and countervailing duties; and the use of certain special simplifications granted to authorized economic operators of the Union and third parties. Besides, these objectives will be achieved through the use of navigation seals for monitoring the transportation of goods along the entire route of transported (shipped) goods under the customs procedure of customs transit through the Union's customs territory and the customs territories of third parties, as well as mutual recognition of decisions adopted by customs authorities and the results of customs control. The draft Agreement on the common system for customs transit between the EAEU and third party (third parties) was prepared jointly by the experts from the Ministries and Departments of the Union States and the Commission as part of implementing the Strategic Directions for Developing the Eurasian Economic Integration until 2025. The Agreement has been sent to the EAEU States for internal legal procedures required for its signing.
24 Nov 2023 Customs administration of international mail discussed at Contact Committee of World Customs Organization and Universal Postal Union The Eurasian Economic Commission's delegation took part in the meeting of the Contact Committee of the World Customs Organization (WCO) and the Universal Postal Union (UPU) at the UPU headquarters in Bern (Switzerland). The main issues addressed during the session related to improving the exchange of electronic data when moving international mail due to the explosive growth of cross-border e-commerce and, consequently, moved parcels. As part of the event, some documents being elaborated by the WCO were discussed in the context of improving customs administration and movement facilitation. These include the Framework of standards for cross-border e-commerce and the Framework of standards for securing and facilitating global trade, including the need for electronic data when moving international mail and extending the concept of authorized economic operators to postal operators. During the work of the Contact Committee, the EEC representatives discussed certain issues of customs administration of international mail in the context of the pilot project on foreign e-commerce being conducted in the Union States, as well as proposed amendments to the EAEU Customs Code with regard to foreign e-commerce with national postal operators. For reference The World Customs Organization is an intergovernmental organization of more than 180 member countries that account for at least 98% of international trade. The Universal Postal Union (UPU) is a specialized agency of the United Nations in the postal sector. The UPU plays a leading role in promoting the continued enhancement of postal services and serves as the main mechanism for cooperation between postal services. The Memorandum of Understanding between Commission and the WCO was signed in 2016. It contemplates strengthening cooperation, interaction between organizations and the Commission’s participation in the WCO working bodies and other events.
24 Nov 2023 Possibility to manufacture marine fuel with sulfur mass fraction not exceeding 1.5% and put it into circulation in EAEU market extended for three years At its meeting held on November 24, the Eurasian Economic Commission's Council amended the Note to Annex 7 of the Customs Union's Technical Regulation "On requirements to motor and aviation gasoline, diesel and marine fuel, jet fuel and fuel oil" at the proposal of the Russian Federation. Until December 31, 2026, the possibility to manufacture and put into circulation marine fuel with a sulfur mass fraction not exceeding 1.5% has been extended for vessels involved in inland water transportation. This decision was adopted to ensure stability of inland water transportation, existing logistics schemes and to maintain uninterrupted supply of goods to the regions of the Far North and equated localities.
24 Nov 2023 EEC Council adopted number of decisions to change COG rules for public procurement By Decision of the Eurasian Economic Commission's Council, amendments were made to Annex No. 1 to the Rules for determining the country of origin of goods for public procurement (COG). Conditions for the manufacture of medical gloves (heading "Medical Products") were developed and agreed upon jointly with representatives of the Union countries' public bodies authorized in the field of procurement and business, using a point approach to calculate their production localization level. According to Bakhyt Sultanov, EEC Minister in charge of Competition and Antitrust Regulation, earlier the Russian Federation had restricted access to public procurement for this heading according to Resolution No. 617 of the Government of the Russian Federation dated April 30, 2020. "Now the EAEU goods, information about which will be included in the Eurasian Register, will have free access to public procurement," the EEC Minister noted. Besides, the Decision of the Commission's Council extended until December 31, 2024 the period during which the goods included in Annex No. 1-1 of the COG Rules are entered into the Eurasian Register of Industrial Goods based on the ST-1 certificate of origin.
24 Nov 2023 Amendments to EAEU marking decisions to help ensure free movement of goods in internal market The Eurasian Economic Commission's Council considered the "second package" of amendments to the basic technological organizational model of the EAEU system for marking goods by identification means and earlier decisions of the EEC Council on the introduction of marking in respect of certain categories of goods. "Given the accumulated practice, as well as the expanded number of marked product categories, the Commission has decided to clarify and update the current marking rules. The main objective of such amendments is to ensure the absence of barriers in the Union's internal market, to increase the harmonization of marking procedures in the Member States and to improve information exchange between national operators," emphasized Andrey Slepnev, EEC Minister in charge of Trade.  For this purpose, the following principal amendments were made to the current acts of the Commission's Board: - the provisions of the Basic Model are extended to cases of moving goods subject to marking for purposes other than cross-border trade (for example: presentation at trade fairs or temporary storage in the territory of another Member State); - the possibility of marking goods by a manufacturer from one Member State with the identification means of a customer from another Union country within the "contract manufacturing" (manufacture from raw materials supplied by the customer or under the customer's trademark).  - previously adopted decisions of the Commission's Council on the introduction of marking of certain goods by identification means are brought in line with the Basic Model provisions. The decision shall come into effect after 10 calendar days have elapsed from the date of its official publication.
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