At the Moscow conference “The Future of Foreign Trade: Transforming Enforcement Practice in Russia and the EAEU”, EEC Deputy Director of the Department of Customs Legislation and Enforcement Alexander Titov spoke on business–customs interaction in the Union and main lines of customs reform. Source: Eurasian Economic Commission (EEC).
He outlined consultative bodies that involve the EAEU business community, progress on a second package of amendments to the EAEU Customs Code and changes to the rules on customs valuation control.
Titov said further legal updates should enable traders to use the full range of tools to substantiate customs value.
He also reported adopted acts needed to implement the agreement on navigation seals for tracking shipments and pointed to prospects for the EAEU common transit system agreement with third countries.
The EEC, Russia’s Ministry of Economic Development, the Public Council under FCS Russia, EAEU member customs services and customs law experts debated HS classification, valuation control, current practice and the outlook for foreign trade activity.
