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MIL OSI Translation. Region: Russian Federation –

Source: Ministry of Economic Development (Russia) – An important disclaimer is located at the bottom of this article.

The next meeting of the Council of the Eurasian Economic Commission was held in person at the Commission headquarters in Moscow. The Russian delegation was headed by Deputy Prime Minister of Russia Alexey Overchuk. The Russian Ministry of Economic Development was represented by Deputy Minister Dmitry Volvach.

During the meeting of the EEC Council, the Russian side supported the proposal to extend the zero rates of import customs duties of the Common Customs Tariff of the Eurasian Economic Union for two years in relation to components for the production of optical fiber: epoxy resins, polyurethanes in primary forms and optical glass rods.

“Today’s decision will reduce the cost of manufactured products and will help increase their competitiveness in the domestic market,” commented Deputy Minister of Economic Development of the Russian Federation Dmitry Volvach. During the meeting, the vice-premiers of the EAEU member states unanimously adopted a package of changes to the Union’s law in the field of competition, aimed at improving existing procedures. So, according to the changes made:

applications for violations of general rules of competition in cross-border markets can now be submitted to the Commission in any official language of the country of the Union with mandatory translation into Russian. The procedure for certifying such a translation has also been simplified. an additional basis for termination of the investigation is included, namely, the presence of a final decision of the Commission’s Board in the case of violation of the general rules of competition in cross-border markets in relation to the same persons, on the same basis and subject.

Also, Members of the EEC Council considered issues of further development of mutual trade in seed products, implementation of an agreed industrial policy in the EAEU, as well as improving technical regulation.

The next meeting of the Council of the Eurasian Economic Commission will take place in late March-early April.

Note; This information is raw content directly from the source of the information. This is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

MIL OSI News (multilanguage service)