News

At a meeting of the Eurasian Economic Commission's Council held in Moscow on March 1, the Vice Prime Ministers of the Eurasian Economic Union countries considered 25 issues.

The EEC Council adopted a package of amendments to the EAEU competition law. Amendments were introduced to the acts regulating the procedure for monitoring compliance with general rules of competition in cross-border markets, such as the Procedures for considering applications, conducting investigations, considering cases and Methodologies for fines and assessing the state of competition. Applications regarding violations of general rules of competition in cross-border markets can now be submitted to the Commission in any official language of the Eurasian Economic Union countries with mandatory translation into Russian. The procedure for certifying such a translation has been simplified.

Duty-free import of components for producing optical fiber has been extended until the end of February 2026. The Council of the Eurasian Economic Commission decided to extend the validity of zero import customs duty rates for polyurethane and epoxy coatings used as protective coatings for manufacturing optical fiber. 

The EAEU will provide tariff benefits for imports of jute yarn to Armenia and Belarus. The EEC Council decided to provide a tariff benefit in the form of an exemption from import customs duties for yarn made from jute fibers or other textile bast fibers (codes 5307 10 000 0 and 5307 20 000 0 in the CN FEA of the EAEU), imported into the Republic of Armenia in an amount of not more than 3 tons and to the Republic of Belarus in an amount of not more than 6,000 tons. The said tariff benefit will be provided upon confirmation issued by the authorized authority; its validity period is limited to February 28, 2026.