You searched for "EAEU" (9 results found)

Tariff quotas have been set on the meat products import to the EAEU countries in 2021

  • 25 Sep 08:39

Tariff quotas have been set on the meat products import to the EAEU countries in 2021 The decision # 102 of August 18, 2020 of of the Management Board the Eurasian Economic Commission (EEC) on quotas on meat and poultry imports for the EAEU countries in 2021. Russia has retained quotas on beef imports in 2021, according to the decision of the Management Board of Eurasian Economic Commission (EEC). The quotas on beef the imports will be 570 thousand Mt, including 40 thousand Mt of chilled beef. The quotas on poultry imports, as in previous years, will be 364 thousand Mt, including 100 thousand Mt of ground poultry meat, 250 thousand Mt of half or quarter chicken carcasses, 14 thousand Mt of frozen boneless turkey meat. Russia introduced the TRQ in 2003.. Read more...

Coordinated EAEU operations contribute to food security all over the Union’s market

  • 19 May 10:40

Coordinated EAEU operations contribute to food security all over the Union’s market The heads of the EAEU agricultural bodies discussed the food security matters in the context of global coronavirus outbreak at the online Council on Agro-Industrial Policy of the Eurasian Economic Union. The Russian Minister of Agriculture Dmitry Patrushev presupposes that joint work at the initial stage ensured taking all appropriate coordinated measures to keep food sustainability for the EAEU member states, in particular, the restrictions imposed on the export of essential goods to third countries and the reset of import duties on critical imports. According to the Minister, the results of these resolutions facilitate much the interplay between the Ministry of. Read more...

EAEU to reduce import duties on foodstuffs, medicines

  • 2 Apr 11:23

EAEU to reduce import duties on foodstuffs, medicines The Eurasian Economic Commission intends to reduce import duties on food, medicines and children's goods amid the coronavirus situation. Lifting of the Russian counter-sanctions on Western food is out of question, Andrei Slepnev, Member of the Board (Minister) for Trade of the Eurasian Economic Commission, told the media, BelTA has learned. “Today we discussed a number of measures in response to the increased demand for essential goods: food, hygiene products, etc. Indeed, retail networks in all countries are now under increased pressure from consumers. The EEC decided that within a week it will work out the final list for goods, the tariffs on which will. Read more...

EAEU does not seek to add new members, common space is more important - Russia’s PM

  • 5 Nov 11:10

EAEU does not seek to add new members, common space is more important - Russia’s PM The Eurasian Economic Union (EAEU) does not look for new members to join the organization, forming a single economic and cultural space is much more important, Russian Prime Minister Dmitry Medvedev said in an interview with Bangkok Post on the eve of the ASEAN Business Investment Summit and the 14th East Asia Summit. "Ultimately, formal accession to the EAEU is not that important. We have a different vision of what the Greater Eurasian Partnership is. It is about creating an entire economic and cultural space where people can freely communicate, trade, travel and discover new opportunities for themselves. Their rights and property will be protected by clear. Read more...

Russia, China and EAEU States Support Open Trade Policy

  • 28 Oct 10:47

Russia, China and EAEU States Support Open Trade Policy Russia, China and Eurasian Economic Union (EAEU) member states support the policy of free and predictable trade, a joint statement on the agreement on trade-economic cooperation between the EAEU and China informs, TASSreported. “We express our commitment to open, steady and predictable trade policy, which supposes inclusive participation of all interested partners on a non-discriminatory basis. We announce that the agreement on trade-economic cooperation between the Eurasian Economic Union and the People’s Republic of China has entered into force,” the statement informs. The sides also noted that the agreement would facilitate the development. Read more...

Russia in Total Domination of Trade Within EAEU

  • 25 Oct 10:57

Russia in Total Domination of Trade Within EAEU Russia accounted for 96.9% of all trade within the Eurasian Economic Union (EAEU) in 2018, with trade among the four smaller countries accounting for the remaining 3.1%,Eurasianetwrites. In comparison, the largest nation in the bloc in 2000 accounted for 98.6% of trade between the five countries that would one day form the EAEU. 19 years ago, the total volume of trade between these countries was worth $14.1 billion. Of this, turnover between Russia and the four other members stood at $13.9 billion. The total value of trade within the bloc rose steadily over the next decade or so, reaching a peak of $73.1 billion in 2012. Then the 2014-16 regional slowdown (driven by. Read more...

Singapore Set to Sign Free Trade Agreement with EAEU

  • 2 Oct 13:08

Singapore Set to Sign Free Trade Agreement with EAEU The Eurasian Economic Commission (EEC) isfinalizingnegotiations to set up a free trade zone between the Eurasian Economic Union (EAEU) and Singapore, officials announced this month. The EAEU is a free trade area that includes Russia, Armenia, Belarus, Kazakhstan, and Kyrgyzstan. The countries represent a market of some 183 million people and a combined GDP (PPP) of about $5 trillion. Veronika Nikishina, the EEC’s trade minister, explained that the free trade zone with Singapore will not only apply to goods but also to services and investment. “As a result, we will have a package of seven different agreements. We are set to sign the first of seven. Read more...

The EAEU countries became the main exporters of food and agricultural products to Russia

  • 22 Jan 08:58

The EAEU countries became the main exporters of food and agricultural products to Russia Employees of the federal state budgetary institution “All-Russian State Center for Quality and Standardization of Medicinal Products for Animals and Feeds” analyzed data on certain types of agricultural products supervised by the Rosselkhoznadzor and imported into Russia from January 1 to 13, 2019. According to the information and analytical system "Argus", the volume of imports of agricultural products or this period amounted to about 57.94 thousand tons. The main share of imports fell on four groups of goods: "Meat and offal" (more than 18 thousand tons, 31.4% of the total share of imports), "Milk and dairy products" (more. Read more...

Goals, resources and results from Russia's trade wars

  • 16 Nov 06:57

Goals, resources and results from Russia's trade wars Conflicts can be solved diplomatically, militarily or economically. Russia has had disputes with Turkey over tourism and Egypt over wheat exports. The Kremlin has even fought economic battles over fruits and vegetables. Moscow has criticized the West for its economic sanctions against Russia.But the Kremlin has demonstrated it is also willing to use an economic weapon: the embargo. The latest example came in a dispute over Russian wheat exports to Egypt, which over the past year has represented the most important foreign market for Russian grain. International standards allow up to 0.05 percent of the crop to contain ergot fungus. In 2016, Cairo. Read more...