EEC expects Kazakhstan to submit WTO approved import duty rates soon.

By bne IntelliNews June 28, 2012
The Eurasian Economic Commission (EEC) expects Kazakhstan to submit import duty rates as a part of the country's accession to the World Trade Organization and an adjusted unified customs tariff for the Customs Union in the next 2 weeks, EEC Trade Minister Andrei Slepnevhas has informed. According to him, UCT will be adjusted proportionately to the size of Kazakhstan's economy as compared to the economy of the Customs Union. Earlier it was reported that if Russia joins the WTO, the level of tariff protection will decrease from 10% in 2011 to 7.5-7.8%. Moreover, Kazakhstan's accession to the WTO is expected to reduce the level of tariff protection by 0.5%-0.75%.

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