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Customs services of EAEU countries and Vietnam deepen interaction on electronic information exchange

Customs services of EAEU countries and Vietnam deepen interaction on electronic information exchange

3/12/2021

Issues of phased implementation of electronic exchange of customs information between the customs authorities of the Eurasian Economic Union countries and Vietnam were discussed at a consultation involving the sides’ authorized representatives chaired by Oleg Pankratov, Member of the Board – EEC Minister in charge of Customs Cooperation.

The case touched on arrangements for signing a document implying amendments to the Protocol on exchange of information on goods being moved within trade turnover between the Union States and Vietnam.

"We strive for early exchange of information on all goods in trade turnover between the EAEU countries and Vietnam. Such an exchange will contribute to improving reliable declaration of goods and efficient customs control as well as speeding up customs operations," Oleg Pankratov noted.

It bears reminding that the EAEU and Vietnam have a Free Trade Agreement dated 2015. The Agreement contemplates the phased implementation of the electronic exchange of customs information on a regular basis. For this purpose, in 2018 the central customs authorities of the Member States and Vietnam signed a Protocol on information exchange under the Commission’s coordination. In accordance with the Protocol, an experimental exchange of information on certain types of goods is being performed.

As defined by the Agreement, upon completing the experimental stage, the list of goods subject to the information exchange between the customs services of the EAEU countries and Vietnam should be expanded. The relevant amendments to the Protocol as well as the updated scope of information for exchange have been reflected in the draft document being prepared for signing.

Given the persisting difficult epidemiological situation across the globe, the consultation attendees supported the proposal to sign the amended Protocol in absentia.​