The new Customs Code of the Eurasian Economic Union (EAEU)

November 30, 2017

 

Starting from January 1st, 2018 a new Customs Code of the Eurasian Economic Union will come in force.

Thus providing the legal basis for all customs clearance procedures in the Member States (Russia, Kazakhstan, Belarus, Kyrgyzstan and Armenia).

 

The following important changes are due to take effect:

 

  • Customs declarations will be made electronically; a written customs declaration is only possible in exceptional cases.

  • Customs declarations can be submitted without physical documents and accompanying papers; these will eventually only be required and checked within the course of the risk controlling system.

  • Stronger networking with other public electronic databases. This means that previously registered certificates can be retrieved directly from the existing databases during customs clearance.

  • Simplification and optimization in terms of the content required in customs declarations.

  • Single point of contact for economic operators (one-stop-shop principle).

  • Shorter clearance periods for customs procedures.

  • New Customs Code refers less to national legislation and regulations of EAEU member states than before.

 

The draft decisions took into account the standards of the World Customs Organization and the experience of the European Union, international standards and best practices. Draft decisions on other issues of customs regulation will be published soon.

 

 

Information has been prepared by the GMA Consult Group team.

 

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