Russia, Kazakhstan and Belarus agreed on duties on oil products
Almaty. December 10. Kazakhstan Today - Russia, Kazakhstan and Belarus agreed on oil product duties. The President of the Russian Federation, Dmitry Medvedev, said during an expanded session of the heads of the EurAsEC states, the agency reports citing RIA RosBusinessConsulting.
"We have agreed on the documents concerning functioning of the Customs Union and the documents, which solve a number of issues of our two- and tripartite relations concerning duties on oil products and other questions," D. Medvedev said.
According to the Minister of Economic Development and Trade of the Russian Federation, Elvira Nabiullina, Russia and Belarus will lift duties on oil, but will raise 100 % of export duties on oil products, ITAR-TASS informs.
"We managed to agree and coordinate all package of documents of the Eurasian economic space," E. Nabiullina informed. "We have cancelled oil duty in mutual trade, but duties on oil products will be charged on the external border and will come back to the Russian budget."
This decision will come into force after Belarus ratifies the whole package, but not earlier than January 1, 2011. "The President Lukashenko said that ratification should take place in the near future."
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