Single Economic Council approves Common customs tariff

Business 

The Single Economic Council set up within the framework of the treaty on establishing a common customs space and developing economic integration between the Donbass Republics has approved the uniform customs tariff.

“The Common customs tariff (attached) presented by the Single Economic Commission is approved under item 1, Part 1 of Article 17 of the treaty in the form of an exchange of letters on establishing a common customs territory and developing economic integration,” the Council said in a resolution.

 The decision becomes effective on October 1, 2021.

Follow the link to read the text on the uniform customs tariff.

On September 30, Lugansk People’s Republic Head Leonid Pasechnik and Donetsk People’s Republic Head Denis Pushilin held the first session of the Single Economic Council set up within the framework of the treaty on establishing a economic customs space and developing economic integration between the Republics.

The leaders of the Republics approved the provision on a Single Economic Commission and reached an accord on publishing the decisions made by the Commission on the official websites of the leaders of the LPR and the DPR until the Single Economic Council has designed and launched its official website.

Pasechnik and Pushilin signed a treaty on establishing a common customs territory and developing economic integration at a video conference on September 15, 2021. The LPR parliament ratified the document on September 22.

Earlier, Pasechnik said that the LPR and the DPR would establish a common economic and customs space that conforms to the legislation of the Russian Federation.

The LPR and DPR authorities adopted the programs of socio-economic development of the Republics for 2022-2024. The declaration released after the inter-state meeting noted that following the discussion of the socio-economic development programs, the representativies of LPR and DPR authorities planned to sign inter-state agreements to provide for establishing a common economic space for sustainable development of the economy of the Republics and improving the quality of life of the LPR and DPR population.

LPR State Customs Committee chairman Yury Afanasyevsky said that the customs points between the LPR and the DPR would be abolished on October 1, in connection with the launching of a common economic and customs space. *i*t

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