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China inks agreement with EEU to share customs information

byCustoms Today Report
01/09/2015
in Latest News
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BEIJING: Countries of the Eurasian Economic Union and China will exchange customs information with regard to goods in transit. The agreement was reached in the course of the third round of talks in Irkutsk on the conclusion of an agreement on exchange of information about goods and vehicles moved across the customs border of the EEU member states and the People’s Republic of China, BelTA learned from the press service of the Eurasian Economic Commission.

“We have agreed with our Chinese counterparts to exchange the information with regard to goods that transit from the People’s Republic of China through the Member States of the Eurasian Economic Union to third countries and, similarly, with regard to goods that transit from the countries of the Eurasian Economic Union through China to third countries,” EEC Member of the Board (Minister) on Customs Cooperation Vladimir Goshin said after the meeting. “This information will be used for customs purposes by the customs authorities of the EEU member states and China,” he added.

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The Minister noted that such regular exchange of information, comparing the data and identifying the reasons for differences will increase the degree of trust between the EEU Member States of and China. They customs authorities will be able to detect and suppress the breaches of the customs legislation of the EEU and the PRC more efficiently. Vladimir Goshin also expressed confidence that the information interaction will contribute to the acceleration of customs operations and customs control.

According to the agreements reached at previous rounds of talks, the General Administration of Customs of the People’s Republic of China will provide the customs authorities of the EEU Member States with the information about products exported from China to the EEU countries once the agreement is signed. In turn, the customs authorities of the Eurasian Economic Union will share with colleagues from China the information about products exported from the Eurasian “five” to China.

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