📋 Tender Overview
A decision was made to set the rates of import customs duties of the Unified Customs Tariff of the Eurasian Economic Union for certain types of raw materials of mineral origin containing precious metal or precious metal compounds at 0% of the customs value until December 31, 2027 inclusive.
"Currently, the precious metals market in the Eurasian Economic Union has insufficient reserves of raw materials to fully load production capacities. Given the economic restrictions in force in relation to some EAEU states, businesses are beginning to build systems for supplying products from new partner countries. However, the need to pay import customs duties makes such supplies unprofitable," said Vahagn Kazaryan, Director of the Department of Customs, Tariff and Non-Tariff Regulation of the EEC.
According to him, the approved measure of customs and tariff regulation will help to cope with restrictions and will promote the development of processing and refining enterprises, will increase the degree of utilisation of production capacities and improve competitiveness.
Currently, the rates of import customs duties of the Unified Tariff of the Eurasian Economic Union for the goods in question range from 3 to 15%.
The necessary changes were also made by the EEC Council to other acts of the Commission.
Taking into account the shortage of raw materials on the domestic market of the EAEU, zero rates of import customs duties have previously been applied to certain types of goods in question in accordance with the decisions of the Board of the Commission of October 25, 2016 No. 117, May 22, 2018 No. 87 and March 1, 2021 No. 20.
