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Economy and financial policy

Member of the Board – Minister in charge of Economy and Financial Policy Bakytzhan Sagintayev
Reception Office of the Chairman Tel. 8 (495) 669-24-07

News on «Economy and financial policy»

Russian tax legislation updated in accordance with EAEU law 21 Sep 2023 Russian tax legislation updated in accordance with EAEU law The Eurasian Economic Commission informs that necessary amendments and additions have been made to the tax legislation of the Russian Federation as part of implementing the Protocol on amendments to the Treaty on the Eurasian Economic Union. They concern the reporting on indirect taxation (VAT and excise duties) by importers of goods from the EAEU countries. The amendments are due to the introduction of a special procedure for paying VAT when importing goods from the Union countries by residents of the Russian free economic areas (FEAs) and are designed to ensure equal conditions for collecting indirect taxes in respect of goods from the EAEU and third countries. Now, in accordance with the updated legislation of the Russian Federation, importers of goods from the Union States must submit VAT and excise duty returns no later than September 20, 2023. The new form and procedure for completing the relevant declaration as well as the formats of its electronic submission came into effect on August 13 of this year. Besides, for residents of a free economic area, the indirect tax declaration is supplemented with a new Section 1.1 in respect of goods imported by them into the Russian free economic area from the EAEU territory. Line 060 is designated for goods sold with VAT within 180 calendar days, line 070 – for goods not sold within the same period and (or) sold without VAT. The procedure for filling out the amended declaration is stipulated in Annex No. 3 to the relevant Order of the Federal Tax Service of Russia. Updating the Russian tax legislation is the final stage of comprehensive efforts to ensure a non-discriminatory procedure for VAT taxation when importing goods from the Union States to the FEA territory. For reference The Protocol on amendments to the Treaty on the EAEU, signed by the Heads of State of the Union on February 8, 2021 in Moscow, came into effect on April 3, 2023.
14 Sep 2023 New trends in law enforcement practice to combat trafficking in counterfeit goods in EAEU to be discussed on October 5 in St. Petersburg A discussion session "New Trends in Law Enforcement Practice to Combat Trafficking in Counterfeit Goods in the EAEU" organized by the Business Development Department of the Eurasian Economic Commission will be held on October 5 in St. Petersburg as part of the business program of the 11th International Forum "Anti-Counterfeiting 2023". The following is planned to be discussed at the event: - results of monitoring of law enforcement practice in the EAEU States in protecting intellectual property rights for 2022; - changes in legislation and current trends in the practice of administrative and law enforcement authorities of the EAEU countries in combating illegal use of intellectual property objects; - interaction between public authorities and right holders to prevent the spread of counterfeit goods in the new business environment; - abuse of the right by trademark owners and changes in administrative and judicial practice on "parallel" import. The session speakers will include representatives of the Eurasian Economic Commission and other international organizations, law enforcement and customs officials, specialists from law firms of the Union States practicing in the field of intellectual property rights protection. The Forum and the discussion session can be participated free of charge. Registration of participants is open on the event's website. For reference The Anti-Counterfeiting Forum is an annual business event of the Eurasian Economic Union held alternately in the States presiding over the EAEU governing bodies. In 2023, Russia holds the presidency of the Eurasian Economic Union. The first International Anti-Counterfeiting Forum was held in 2012 in Moscow. In subsequent years, the Forum was held in the Republic of Kazakhstan, the Republic of Belarus, the Republic of Armenia, and the Kyrgyz Republic. This year, the eleventh forum will be held in St. Petersburg. The International Forum "Anti-Counterfeiting 2023" is organized by the Ministry of Industry and Trade of the Russian Federation. The Forum is co-organized by the Eurasian Economic Commission. 
01 Sep 2023 11th International Forum "Anti-Counterfeiting 2023" to be held on October 5-6 in St. Petersburg On October 5-6, St. Petersburg will host the 11th International Forum "Anti-Counterfeiting 2023" dedicated to protecting the markets of the Eurasian Economic Union countries from counterfeit and forged goods, implementing state-of-the art digital mechanisms, marking and traceability systems, sharing best practices of legal regulation in the field of standardization and certification, as well as protection of intellectual property rights.  As part of the Forum's business program, representatives of the Eurasian Economic Commission, the EAEU countries' public authorities, the World Intellectual Property Organization and other international organizations, professional associations and the business community will take part in the plenary session, discussion sessions and exhibition events. The Forum's main objective is to exchange ideas, opinions, and experience in the practical application of legislation, demonstrate successful projects and develop joint solutions to establish a civilized market for goods and services in the EAEU countries. According to Bakytzhan Sagintaev, Minister in charge of Economy and Financial Policy of the Eurasian Economic Commission, the Anti-Counterfeiting Forum is an integral part of the Eurasian integration agenda and makes it possible to raise awareness of the public, business community and public authorities to the problems of combating the spread of counterfeit goods. "Current trends in the manufacture and distribution of counterfeit goods necessitate the search for and discussion of new efficient instruments to combat counterfeit and forged goods in the common Eurasian market", the EEC Minister emphasized.    One of the Forum's topics will include the digital marking development in the territory of the EAEU countries, and exchange of experience on implementing such a system in various commodity groups, its efficiency and possibilities for further development. “New supply chains, rotation of companies and brands in the consumer market make the issues of combating counterfeit products particularly relevant. They require implementing state-of-the-art digital technologies, and accelerated development of the digital marking and traceability system throughout the EAEU. The Forum will traditionally become the main discussion platform in this field", noted Denis Manturov, Deputy Chairman of the Government of the Russian Federation and Minister of Industry and Trade of the Russian Federation.    The Anti-Counterfeiting Forum is an annual business event of the Eurasian Economic Union held alternately in the State presiding over the EAEU governing bodies. In 2023, Russia holds the presidency of the Eurasian Economic Union. The first International Anti-Counterfeiting Forum was held in 2012 in Moscow. In subsequent years, the Forum was held in the Republic of Kazakhstan, the Republic of Belarus, the Republic of Armenia, and the Kyrgyz Republic. This year, the eleventh forum will be held in St. Petersburg.  The International Forum "Anti-Counterfeiting 2023" is organized by the Ministry of Industry and Trade of the Russian Federation. The Forum is co-organized by the Eurasian Economic Commission. The partners of the Forum business program include the "Center for Development of Advanced Technologies" (operator of the state marking system "Honest Mark"), the Autonomous Non-profit Organization “National Scientific Center of Competence in Combating Illicit Trafficking of Industrial Products", and international association of organizations involved in combating illicit trafficking of counterfeit products "Anti-Counterfeiting". The Forum operator is the Roscongress Foundation.  The Forum participation is free of charge. Registration of participants is open until September 21, 2023. More detailed information can be found on the event website at https://antikontrafact-forum.ru/.
23 Aug 2023 EEC examined situation on access to secondary education for children of workers in EAEU countries One of the most important issues for workers in the Eurasian Economic Union is the ability to get their children settled in pre-school or general educational institutions without any problems. On the eve of September 1, the Eurasian Economic Commission analyzed the problem with access of children of workers from the EAEU Member States to secondary education in the territory of the State of employment. According to the Treaty on the EAEU, children of workers from the Member State residing together with them in the territory of the State of employment have the right to attend pre-school institutions and receive education in accordance with the legislation of the State of employment. The rights of children to education are guaranteed by important international agreements to which all the Member States are parties. According to the analysis of the Member States' legislation, most public schools offer free education. Workers who are not nationals of the Member States shall have the right to receive education in general educational institutions to the same extent as nationals of the Member States. In light of the recent trend of labor migration from the Russian Federation to the EAEU countries, the possibility of receiving education in Russian in the EAEU countries where Russian is not the official language should be noted. For example, the highest indicator is registered in the Republic of Kazakhstan: 3,754 out of 7,723 schools study the Russian language. The Russian language is studied in 901 schools out of 2,350 in the Kyrgyz Republic, and in 45 schools out of 1,353 in Armenia.
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Decisions on «Economy and financial policy»

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09/19/2023 12:00:00 am Решение Коллегии ЕЭК № 142 О наложении штрафов за непредставление сведений (информации)
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09/19/2023 12:00:00 am Рекомендация Коллегии ЕЭК № 25 О Руководстве по обеспечению целостности данных и валидации компьютеризированных систем
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09/19/2023 12:00:00 am Распоряжение Коллегии ЕЭК № 134 О проекте решения Совета Евразийской экономической комиссии «О проекте решения Евразийского межправительственного совета «Об утверждении Правил взаимной торговли электрической энергией на общем электроэнергетическом рынке Евразийского экономического союза»
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09/19/2023 12:00:00 am Распоряжение Коллегии ЕЭК № 133 О внесении изменений в состав Фармакопейного комитета Евразийского экономического союза
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09/19/2023 12:00:00 am Распоряжение Коллегии ЕЭК № 132 О внесении изменений в состав Консультативного комитета по макроэкономической политике

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14 2016 The interview of the Minister on the technical regulation of the EEC Valery Koreshkov with BELTA news agency on establishment of the common market of medicines in the Eurasian Economic Union Medicines is the first group of specific goods, with which the EAEU countries started to work closely by the beginning of the functioning of the common market. Using this experience, the EAEU will form other common markets - for finances, energy, oil and gas, and so on. The BELTA journalist discussed with the EEC Board Member - Minister in charge of technical regulation Valery Koreshkov, what stages are yet to be covered and how the common market of medicines will work.​
14 2016 the Minister in charge of Economy and Financial Policy, Doctor of Law Askar Kishkembaev with the newspaper “Kazakhstanskaya Pravda”: “Integration initiatives of the independent Kazakhstan in the post-Soviet space. View from Moscow” In just a few days Kazakhstan will celebrate the main national holiday of the Republic, the Kazakhstan’s Independence Day. On this day in 1991, the Supreme Council of the country adopted a law on the Republic’s independence and state sovereignty of Kazakhstan.
Minister in charge of energy and infrastructure of the Eurasian Economic Commission Adamkul Zhunusov answered questions of 09 2016 Minister in charge of energy and infrastructure of the Eurasian Economic Commission Adamkul Zhunusov answered questions of "RUSARMINFO" and shared his view on the level of integration of Armenia in the common energy market of the Eurasian Union ​​How do you estimate the level of integration of Armenia in the common energy market of he EAEU? And what are the objective possibilities of development? ​
Interview of the Minister in charge of Economy and Financial Policy Timur Suleimenov to BelTA Information Agency: “Belarus plays a key role in all integration processes in the EAEU” 24 2016 Interview of the Minister in charge of Economy and Financial Policy Timur Suleimenov to BelTA Information Agency: “Belarus plays a key role in all integration processes in the EAEU” For two years, Belarus, Russia, Kazakhstan, Armenia and Kyrgyzstan have been living in conditions of the Eurasian Economic Union, facing certain challenges and trying to resist them together. At the end of October, another large meeting within the Union will be held in Minsk - a meeting of the Eurasian Intergovernmental Council. On the eve of this important event, BELTA reporter met with the EEC Board Member - Minister in charge of Economics and Financial Policy Timur Suleimenov to find out what the year of 2016 was like, how the EAEU will address issues of parallel imports and establish the rates of customs duties and what measures have been taken to establish the common financial market.​
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