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05-17-2017 (Newsletter Issue 9/17)
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EAEU Customs Code Signed

The Customs Code of the Eurasian Economic Union (EAEU) is to be expected to enter into force this year, as the last EAEU member state, Belarus, signed the Code on April 11, 2017.

All other member states signed The Customs Code in December 2016. However, the Code still needs to be ratified by all five members – Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia.

The new Code provides for the establishment of the EAEU Customs Register that will be kept by the Eurasian Economic Commission (EEC) and that will exist alongside national customs registers.

For further information, please see the article from Ms Julia Zhevid and Ms Tatyana Kulikova of PETOŠEVIĆ which can be accessed here