KUALA LUMPUR: Malaysia’s annual inflation rate in November was 2.6 per cent, government data showed.
The change in the consumer price index (CPI) in November from a year earlier was higher than the 2.3 per cent median forecast by economists in a Reuters poll, and slightly above the 2.5 per cent pace in October.
The government said the November rate reflected rises in prices for consumer goods.
The country’s inflation rate rose after the government introduced a 6 per cent goods and services tax in April but has been below 3 per cent since August.
http://sputniknews.com/business/20151223/1032206728/eeu-iran-customs-duties.html
EEU may discuss cutting customs duties on Iranian agricultural products
TEHRAN: According to Shuvalov, on December 21, Putin proposed to his partners from the Eurasian Economic Union (EEU) to decrease customs duties on agricultural goods imported from Iran.
“That’s why this [issue] will be thoroughly worked out within the framework of the Eurasian [Economic] Commission, in January. We hope that our colleagues from the council [of the EEC] will consider the issue soon,” Shuvalov said during a meeting with Iranian top officials.
The EEU is a bloc conceived to streamline the flow of goods, capital and labor between its member nations, namely Russia, Kyrgyzstan, Armenia, Belarus, and Kazakhstan. It was officially launched on January 1, 2015.
The EEC is the executive body of the five-nation union.
Talks on a free trade zone between Iran and the Eurasian Economic Union could be completed quickly, Shuvalov added.
