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Russia's Economy Ministry Commissions Study For Gauging Effect From

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  • Russia's Economy Ministry Commissions Study For Gauging Effect From

    RUSSIA'S ECONOMY MINISTRY COMMISSIONS STUDY FOR GAUGING EFFECT FROM JOINING OF SOME CIS COUNTRIES TO CUSTOMS UNION

    YEREVAN, September 26. /ARKA/. Russia's economy ministry has released
    2.15 million rubles to commission a study for gauging the effect
    from joining of some CIS countries to the Customs Union of Russia,
    Belarus and Kazakhstan.

    The study will assess changes in customs regimes of Armenia, Kyrgyzstan
    and other countries which will be named by the ministry after the
    launch of the study.

    "The difference between the present import tariffs in CIS countries
    and the Customs Union's single tariff creates different negotiation
    conditions and therefore requires quantitative assessment,"
    Novosti-Armenia cites the ministry's document referring to RIA
    Novosti. "In this connection, it is necessary to assess how the
    accession will change the amount and the cost of customs duties of
    the countries.

    The study has to be completed before December 15, 2013. Applications
    for participation in the tender are accepted until October 28. Results
    of tender will be announced on November 5.

    In early September, Armenian President Serzh Sargsyan and his Russian
    counterpart, Vladimir Putin, made a joint statement, according to
    which Armenia has decided to join the Customs Union and to take part
    in formation of the Eurasian Union in the future.

    Kyrgyzstan's government filed its official application for membership
    in the Customs Union in spring 2011 and is expected to obtain it later
    this year. Kyrgyzstan's authorities expect that the country will get
    certain preferences from this membership. ---0----

    18:47 26.09.2013

    http://arka.am/en/news/economy/russia_s_economy_ministry_commissions_study_for_ga uging_effect_from_joining_of_some_cis_countries_to/



    From: Emil Lazarian | Ararat NewsPress
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