Customs Union's Code to be signed between Belarus, Kazakhstan and Russia Nov 27

sp;ASTANA. November 17. KAZINFORM /Serik Sabekov/ New Customs Code of the Customs Union is to be signed by heads of Belarus, Kazakhstan and Russia in Minsk on November 27, 2009.
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Minister of Finance Bolat Zhamishev has made it public at the Government's session on Tuesday.

According to him, this document will enter into force from July 1, 2010. Development of the Customs Code was conducted by the Kazakh leadership. This document was based on the Kyoto agreement. The draft Customs Code consists of 368 articles.

Main amendments are introduction of the "unified customs territory of the Customs Union" definition, creation of uniform conditions of transit across the territories of the Customs Union, abolition of customs clearance and customs control.

"We should bring the domestic legislation in line with the Customs Code of the Customs Union taking into account that the national Customs Code is almost ready", he noted.

The draft national code will be introduced to the Government in January, 2010. Kazakh Prime Minister Karim Massimov urged to carry out a public presentation of this document.

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