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12 October 2022, 13:48

Belarusian parliament ratifies agreement on import customs duties in EAEU

MINSK, 12 October (BelTA) - At the ninth session of the seventh convocation on 12 October the House of Representatives of the National Assembly of Belarus adopted a draft law “On the ratification of the agreement on carrying out joint control measures for compliance with the procedure of distribution of import customs duties (other duties, taxes and charges with equivalent effect) and their transfer to the budgets of the Eurasian Economic Union (EAEU) member states”, BelTA has learned.

The bill is designed to create conditions for the implementation of the agreement signed in Moscow on 16 November 2021.

The agreement regulates the objectives and objects of joint control activities carried out by the supreme financial control institutions of the EAEU member states, the procedure for carrying out such activities and the registration of the results, as well as the mechanism for eliminating violations. It regulates the procedure of interaction between the supreme state financial control bodies and governments, national (central) banks, finance ministries, treasuries and central customs authorities of the EAEU.

The ratification of the agreement will help improve the efficiency and transparency of the distribution of import customs duties, make it possible to streamline checks on this issue, the elimination of detected violations on them and the implementation of proposals by the supreme financial control bodies.

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