BEIJING: Eurasian Economic Union (EAEU) nations and China will share customs information on transit goods, reported Belta. The agreement was reached according to the results of the third round of negotiations held in Irkutsk on an agreement to share information about goods and international transportation vehicles transporting via the customs border of the EAEU and China, the press service of the Eurasian Economic Commission reported.
“With our Chinese colleagues, we agreed to share information about goods transiting from China to third countries through EAEU states and goods transiting from states of the union to those countries through China,” Board member (minister) on Eurasian Economic Commission (EEC) Customs Cooperation Vladimir Goshin said following the meeting. “This information will be used by customs authorities of EAEU states and China for customs purposes,” he stated.
As Goshin noted, that regularly sharing information, comparison of received data and identifying causes for their discrepancies will increase the level of trust between EAEU states and China and deter breaches of customs legislations of China and the union. Goshin also expressed his confidence that the informational interaction will accelerate customs operations and customs control.
Following the negotiations, Deputy Head of the EAEU Delegation and Director of Customs Infrastructure Department Vladimir Skiba and Delegation Leader of China’s General Administration of Customs Zhou Weni signed a protocol, noting the achievement of mutually acceptable agreements on a number of key issues of the draft agreement.
According to agreements reached on previous rounds of negotiations, after signing an agreement, China’s General Administration of Customs will present to customs authorities of EAEU member states information about goods transported to EAEU states from China. Customs authorities of EAEU in turn will share information with their colleagues from China about goods transported from the union to China.
