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Plans to amend Eurasian Economic Union Treaty to lower barriers, get rid of unsafe products

Economy 23.10.2018 | 16:03
Viktor Nazarenko. An archive photo
Viktor Nazarenko. An archive photo

MOSCOW, 23 October (BelTA) – The Eurasian Economic Union Treaty needs to be improved in order to protect the domestic market from hazardous goods, lower technical barriers, and start locally making products, which will be highly competitive on the global market. These are the goals the Eurasian Economic Commission, the governments, and the private sector in the EAEU member states intend to accomplish, BelTA learned from Viktor Nazarenko, Member of the Board (Minister) for Technical Regulation of the Eurasian Economic Commission, during the roundtable session held in Yerevan, Armenia on 23 October to discuss the improvement of EAEU technical regulations from the point of view of the private sector. The roundtable session was held as part of the international forum Eurasian Week.

According to Viktor Nazarenko, the Eurasian Economic Commission is working together with government agencies, scientists, and businessmen of the EAEU member states to ensure the safety of products. Transition to universal technical regulations and standards will allow the Eurasian Economic Union member states to speak the same language, follow universal rules, replenishing the market with a multitude of safe products every day, Viktor Nazarenko believes.

According to the source, technical regulations play a major part in removing the artificially created trade barriers. The unified legal base of the Eurasian Economic Union will help achieve these goals.

Since the Eurasian Economic Union was established, the Eurasian Economic Commission has adopted 46 technical regulations affecting a considerable part of the merchandise market ranging from liquefied petroleum gas and oil and ending with drinking water and toys or roughly 85% of the Eurasian Economic Union merchandise market and hundreds of thousands of product titles.

About 12 technical regulations of key importance for the Eurasian Economic Union economies are in the pipeline. As many as 39 technical regulations have already come into force.

“It is now obvious that in order to successfully implement the EAEU requirements, it is necessary to eliminate the existing contradictions in the legal base, which sometimes result in problems with shipping local products,” stressed Viktor Nazarenko.

Work is now in progress to develop an agreement on establishing the responsibility for violating technical regulations.

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