EEU (Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan)

Customs duties for certain television equipment are to be raised

Draft decision of the EuroAsian Economic Commission proposed to increase import customs duties for up to 16% for certain types of television equipment. The new customs duty will apply to all equipment which includes video-recording or video-display equipment with liquid crystal or plasma screen.

About the Customs Union

The Customs Union (CU) of Russia, Belarus and Kazakhstan was founded by the Treaty of 6 October 2007 but actually came into its official existence on 1 January 2010 when the new common customs tariff and non-tariff regulations were adopted by the three states. The Customs Code of the Customs Union entered into force on 1 July 2010 regulating the newly created unified customs zone.

The supreme bodies of the Customs Union are the Inter-State Councils at the governmental level.

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