Armenia approves Agreement on unified customs transit system of EAEU and a third party

YEREVAN, July 31. /ARKA/. At a meeting on Thursday, the Armenian government approved the Agreement on the unified customs transit system of the Eurasian Economic Union and a third party.
As stated by the Chairman of the State Revenue Committee of Armenia Eduard Hakobyan, the agreement was signed on December 26, 2024 in St. Petersburg. A similar system is already in force in the EAEU. It allows third countries to join it.
“The agreement will be applied when goods are moved in transit through the territory of the EAEU and the countries that are parties to the system. Currently, during transit movement through the territory of each of the parties, a customs transit declaration in the established format is submitted, that is, in the format of the EAEU and the relevant country. The unified transit system will allow submitting a customs transit declaration once. That is, entities engaged in foreign trade will only face this process once, which will be recognized by the EAEU and the relevant countries,” Hakobyan noted.
The head of the State Revenue Committee said that the system will be based on 5 main regulations (a single electronic system, the use of general security for the fulfillment of the obligation to pay customs duties, taxes, special, anti-dumping and countervailing duties, the use of individual special simplifications granted to authorized economic operators of member states and a third party (third parties), the use of navigation seals for the purpose of tracking the transportation of goods along the entire route of goods moved in accordance with the customs procedure "customs transit" through the customs territory of the Union and the customs territory of a third party and mutual recognition of decisions taken by customs authorities and the results of customs control), which are aimed at simplifying trade and maximally facilitating the activities of entities engaged in foreign trade.
“The system will operate on the basis of information interaction between the customs authorities of third countries. Information will be exchanged between customs authorities on this electronic platform. At the same time, the Eurasian Economic Commission will coordinate the interaction,” Hakobyan said.
According to him, this will increase Armenia’s transit potential, in particular if Iran joins this system.
“This will allow us to unify customs procedures. If a transit declaration is opened in Iran, it will be recognized in the EAEU system. At the same time, Armenia will receive preliminary information, and shipping companies will no longer have to go through all these processes twice,” Hakobyan noted.