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EEU member states to shift to “Customs Union Product” labels

13.05.2015, 17:04
In a year or two all the products made in member states of the Eurasian Economic Union will carry labels "Customs Union Product", Sergey Sidorsky, a member of the Eurasian Economic Commission’s Board  in charge of industry and agriculture,  said today at an economic gathering in Minsk, Belarus.

EEU member states to shift to “Customs Union Product” labels
YEREVAN, May 13. / ARKA /. In a year or two all the products made in member states of the Eurasian Economic Union will carry labels "Customs Union Product", Sergey Sidorsky, a member of the Eurasian Economic Commission’s Board  in charge of industry and agriculture,  said today at an economic gathering in Minsk, Belarus.

He argued that the shift will give a number of advantages, such as smooth flow of goods through the territory of the Russia-led trade bloc and the recognition that these products meet the technical regulations.

Sidorsky noted that not all the countries of the EEU agree on the move, particularly, Kazakhstan  says it is not ready yet. The Russian Federation and Armenia agree, he said. -0-