deputy minister for economic development of the russian federation alexey likhachev
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The establishment of the Common economic space of the Republic of Belarus, the Republic of Kazakhstan and the Russian Federation and its implications for Russia’s global integration, including WTO accession. THE MINISTRY F OR ECONOMIC DEVELOPMENT OF THE RUSSIAN FEDERATION. Deputy Minister - PowerPoint PPT PresentationTRANSCRIPT
The establishment of the Common economic space of the Republic of Belarus, the Republic of Kazakhstan and the Russian Federation and its implications for Russia’s global integration, including WTO accession
Deputy Ministerfor economic developmentof the Russian Federation
ALEXEY LIKHACHEVWashington, D.C. - May 23, 2011
THE MINISTRY FOR ECONOMIC DEVELOPMENT OF THE RUSSIAN FEDERATION
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The main goalsof the Customs Union
Formation of the Common Customs Tariff and the systemof non-tariff regulation
Launching the common Customs code
Transfer of customs control to the external
borders
Formation of the common trade regulations with the
third countries
Creation of the framework of enrollment and allotment of
customs duties, taxes and fees
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01.07.2010 01.07.201101.01.2010
Launching the common customs tariff and non-tariff regulation
Launching the Customs code of the Customs Union
Transfer of customs control to the external borders of Belarus
Launching the framework of enrollment and allotment of import customs duties
Transfer of customs control to the external borders of Kazakhstan
Abolishment of customs clearance procedure of the goods in the mutual trade within Belarus, Kazakhstan and Russia
Common tariff territory(stages)
Launching theCommon economic space
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Common Customs Tariff
14% 4%
82%
45%
45%
10%
Not changed Decreased Increased
For RussiaFor Belorussia For Kazakhstan
Increased:►individual meat items►ready-made canned meat►individual metal items►passenger cars
Decreased:►clothing►carpets►leather and textile footwear►electrical machinery and equipment ►pharmaceutical substances
Increased:►mutton, horsemeat, goat meat►ready-made canned meat►yeast►individual items and clothing accessories
Decreased:►exotic fruit juice concentrates ►food for baby feeding►materials for photographic purposes ►wool and fabric►pharmaceutical substances►parts for shoes►electric equipment
Increased:►transport group (including cars) ►wood►refrigeration equipment►pharmaceuticals►household appliances►clothing and footwear
Decreased:►certain types of agricultural products►skins►optical, medical instruments and devices
75%
7% 18%
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Determination of strategy and the main directions of
development of the Customs Union
(solutions - consensus)
Regulating authority of the Customs Union
(solutions - 2/3 majority or consensus )
Execution of decisions
Supranational institutions
The highest authority of the Customs Union
at the level of heads of state and heads of government
CourtCourtof the EEC*of the EEC*
State executive authorities
Secretariat of the Commission
of the Customs Union Commission of the
Customs Uniondeputy heads of government
Dispute resolution
Russia – 57%
Kazakhstan – 21,5%
Belarus – 21,5%
Distribution of votes
Organizing the activities of the Commission
*Eurasian Economic Community
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Implementation of "four freedoms“ (free movement of goods, services, capital and labour force)
Harmonization and unification of the standards of economic regulation in the key areas (competition, subsidies, public procurement, technical regulation, natural monopolies,
intellectual property, etc.)
Formation of integrated markets
Coordinated macroeconomic and currency policies
Common economic space of Belarus, Kazakhstan and Russia
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20 million km2 (15% of the
earth surface)
4% of world GDP (PPP)
9% of world proved reserves
of oil
11% of world exports of raw
materials
13% of world exports of energy
resources
80% of foreign trade turnover
of CIS* countries
70% of mutual trade volume
of CIS countries
CES
25% of world proved reserves
of natural gas
80% of GDP of CIS
countries
170 million population
*Commonwealth of Independent States
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Macroeconomy
CES agreements
Free movementof labour force
Free movementof goods and services
Natural monopolies
Competition
Industrial subsidies
Agricultural subsidies
Intellectual property
Currency policy
Financial markets
Electric energy
Railway transport
Gas transportation
Markets of oil, oil products
Illegal migration
Status of migrant workers
Technical regulation
Trade in services + investments
Public procurement
Common market of CES
Energy, transport
Free movementof capital
Common economypolicy
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Technicalregulation
Migrationpolicy
Industrialsubsidies
Agriculture
Key CES provisions
•common list of products in respect of whichcommon technical regulations of the Customs Union are adopted
•simplified procedure for residence and labour activity•coordinated policy against illegal migration
November 18, 2010
August-September 2011
August-September 2011 •grants in accordance with WTO rules
August-September 2011 •state aid not exceeding 10% of agricultural production
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Trade in services and investmentactivity
Competition
Intellectualproperty
Macroeconomicstabilityrates
August-September 2011•national treatment and MFN•favourable conditions for expansion of mutual trade in services and investment activities
Key CES provisions
2012-2013
January 1, 2012
January 1, 2013
•common principles and rules•protection against unfair competition•prohibition on abuse of dominance
•national treatment in the field of conservation and protection of intellectual property rights • common international legislation (obligatory international treaties: the Singapore Treaty in 2006, the Rome Convention 1961)
•budget deficit not exceeding 3% of GDP•public debt not exceeding 50% of GDP•inflation not more than 5 percent points above inflation in the CES country with the lowest price growth
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Key CES provisions
Railwaytransport
Currency andfinancial markets
Publicprocurement
January 1, 2013
December 31, 2013
July 1, 2014
•unified tariff for the transportation of goods by different types of communication: export, import and domestic
•harmonization of legislation in accordance withinternational standards in:-the banking field;-the foreign exchange market;-the equity market;-the field of insurance.
•equal access to procurement in electronic format
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New Zealand
Commonwealth of Independent States(Free trade area)
European Free Trade Association
Common EconomicSpace