Politics • 31 March, 2019

Alikhan Smailov participates in a meeting of the Council of Eurasian Economic Commission

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First Deputy Prime Minister – Minister of Finance Alikhan Smailov took part in a regular meeting of the Council of the Eurasian Economic Commission March 29, 2019, in Moscow.

Thirty-six approved and ten additional questions were on the agenda.

The Council members heard the commission's information on the progress in the implementation of the EAEU regulations, the concept for the formation of the EAEU common financial market, on negotiations for the conclusion of the EAEU agreements on free trade zones with Egypt, Serbia and Israel, the implementation of the Supreme Council Decision No. 72. In addition, the draft agenda of the meeting of the Eurasian Intergovernmental Council, which is scheduled for April 2019, was approved.

The obstacles most sensitive to the Member States in the internal market of the Union were discussed. In general, mutually acceptable solutions were achieved.

The draft joint statement of the members of the Supreme Eurasian Economic Council on the 5th anniversary of the signing of the EAEU Treaty of May 29, 2014, was discussed.

During the Council meeting, amendments were introduced to the Common quarantine phytosanitary requirements for quarantine products and quarantine facilities at the customs border and the customs territory of the EAEU.

Changes will also be made to Section II of the plan for the development of technical regulations of the EAEU and to the technical regulations of the Customs Union, including the technical regulations of the Customs Union “On the Safety of Perfumes and Cosmetics.”

The changes will also affect the list of goods for which the Republic of Kazakhstan, in accordance with the commitments made as a condition of accession to the WTO, apply import customs duty rates, which are lower than the customs duties of the Eurasian Economic Union Common Customs Tariff, and the size of such duty rates.

The Council also approved amendments to the Agreement on the procedure and conditions for the elimination of technical barriers in mutual trade with third countries, draft orders of the Supreme Eurasian Economic Council "On Liberalization for Individual Service Sectors within the EAEU" and "On EAEU Industrial Policy Council."

In general, the meeting meets the strategic interests of Kazakhstan and will give a high dynamism of changes and globalization of economic integration processes, will serve the desire of the EAEU member states to integrate both at the regional and international levels.

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