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Law ratifying Protocol on import and circulation of goods in Eurasian Economic Union customs territory

December 30, 2015

Vladimir Putin signed Federal Law On Ratification of the Protocol on Certain Issues Concerning the Import and Circulation of Goods in the Eurasian Economic Union Customs Territory.

The Protocol was drafted following the Republic of Kazakhstan’s accession to the World Trade Organisation (WTO) with the aim of minimising risks for the EEU member states’ economies and the operation of a common goods market.

In particular, the Protocol requires the Republic of Kazakhstan to adopt measures to prevent the export to other EEU member states of goods that have been cleared using lower import customs duties.

The Protocol is in line with the provisions of the Treaty on the Eurasian Economic Union of May 29, 2014, and other international agreements of the Russian Federation.

December 30, 2015