Increased customs duties on Ukrainian products will be dscussed in Sochi by CU

Date: 09:37, 23-06-2014.

Almaty. June 23. Silkrodnews - Russia, Belarus and Kazakhstan on June 23 will have a meeting of the Board of the Eurasian Economic Commission (EEC) in Sochi to agree on trade barriers for Ukraine, according rbc.ru.
It states that for  Ukraine it may cost $ 33billion a year.
In particular, will be discussed the response to the Ukraine in accordance with the sixth application of the contract on the single customs space of the CIS. It provides an opportunity to cancel the free trade zone and the increase of customs duties to the general level.
Also, the meeting will consider how comprehensive will the increase of fees for Ukraine, damage the Customs Union. Thus, the duty may be raised on all Ukrainian goods directly or selectively to a particular group of products.
Negotiations will be for informational purposes only, the report underlines.

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