Kazakhstan ratifies protocol to agreement on tariff quotas application

Date: 04:33, 17-04-2014.

Astana. April 17. KazTAG - Kazakhstan has ratified a protocol into agreement on mechanism of tariff quotas application, reports Akorda.

"The President has signed the law "On ratification of protocol on amendments into agreement on conditions and mechanism of tariff quotas application dated December 12 2008," reads the message.

The text is being published in the press.

Earlier Yerbolat Dosayev, Minister of Economy and Budget Planning said, "the updates will concern distribution between the states of the volumes of tariff quotas within the difference between the production volume and consumption in each state, i.e. the volume necessary for factual consumption and market saturation of each state, and gives power to the parties to define the method and order of quotas distribution between the players of foreign trade activity".

Share the news: