EEC to raise duties on dairy products

MINSK. February 8. KAZINFORM The Board of the Eurasian Economic Commission (EEC) has approved a draft decision of the EEC Council to increase customs duties on many dairy products, BelTA learnt form the Eurasian Economic Commission.

The customs duties on butter, cottage cheese and dairy spreads will rise from 15% to 20%. The Council of the Eurasian Economic Commission is expected to study the matter next week.

The Board of the Eurasian Economic Commission also decided to raise import duties on several types of cheese, including grated cheese, powder cheese of all types, including Schabziger cheese, up to 20% and the import duties on Feta cheese made from cow milk up to 25% of their customs value. At present customs duties on these cheeses make up 15%.

The decision of the Board will come into force simultaneously with the decision of the council regarding customs duties on dairy products.

The Eurasian Economic Commission was established upon the decision of the presidents of Russia, Belarus and Kazakhstan at the end of 2011. It is a single permanent regulating body of the Customs Union and the Single Economic Space. Its members are Russia, Belarus and Kazakhstan. Other countries can also join the organization. The EEC has a status of a supranational body. It is not subordinate to any government. The decisions of the EEC are legally binding for its member states. The major objective of the EEC is to create conditions for smooth operation of the Customs Union and the Single Economic Space and to work out proposals to promote integration.

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