...

CIS COUNTRIES TO LIFT RESTRICTIONS ON MUTUAL TURNOVER OF GOODS

Business Materials 21 June 2005 18:30 (UTC +04:00)

Member countries of the Commonwealth of Independent States are about to lift by July restrictions on certain categories of goods as items of mutual turnover.

A source at the Azerbaijani Cabinet told Trend that by July 1, 2006, a free trade regime would hence apply to the imports of vodka and tobacco goods. In five months, the countries likely will get rid of the �bite’ on beer and refined sugar. Finally, by January 1, 2012, there will be no restrictions on trading in ethyl spirit, wines, vermouth and other fermented drinks. Azerbaijan and the Russian Federation will abolish the �bite’ on tobacco goods by January 1, 2012.

“This has been provided in a protocol on stage-by-stage lifting of restrictions on mutual trade among CIS nations,” the source said. The protocol was signed at the 3 July meeting of heads of the CIS Council of Prime Ministers in the Georgian capital.

As to non-tariff restrictions on free trade regime, the participants of the meeting have agreed to lift by January 1, 2008, the corresponding quotas on imports of beer, liqueur and vodka spirits and tobacco goods.

Latest

Latest