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EEC invited business for a more active participation in public discussion of Commission’s draft decisions

EEC invited business for a more active participation in public discussion of Commission’s draft decisions

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9/21/2018
The decisions of the Eurasian Economic Commission (EEC) take into consideration more than 65% of comments and proposals of the business community of the Eurasian Economic Union (EAEU) countries. This was announced by the Member of the Board –Minister in charge of Economy and Financial Policy of the EEC Timur Zhaksylykov on September 19 in Yerevan at the meeting with the business community of the Republic of Armenia.
The EEC Minister told the representatives of the largest business associations and Armenian entrepreneurs on the successful experience of introduction of regulatory impact assessment (RIA) procedure for the EEC’s draft decisions and invited the Armenian business community and experts to take a more active part in public discussion of the Commission’s draft decisions on the Union’s website.
“The practice has shown that the regulatory impact assessment procedure is popular with businesses, on average we get 24 opinions per draft decision”, - mentioned Timur Zhaksylykov.
He added that the format of direct dialog with businesses of the Union countries enables the Commission to promptly get feedback and to improve integration activity taking into account the proposals of business circles.
During the meeting the Commission’s representatives answered the questions of Armenian entrepreneurs concerning the formalization of customs transit upon movement of goods between Armenia and Russia as well as VAT refund procedures upon consummation of export transactions in mutual trade.
The EEC representatives also reported on the EEC work for detection of obstacles inhibiting the entry of Armenian goods into the markets of other Union States and elimination of barriers, exceptions and restrictions in the spheres of technical regulation, application of veterinary and sanitary measures, and turnover of jewelry.

The Armenian business community was notified of advantages of the single services market and simplified the procedure of entry into the markets of other Union countries. Thus, for instance, entrepreneurs of the EAEU States are not required any additional registration as a legal entity, they have an opportunity to render cross-border services or to engage employees of the service provider without the need to open an affiliated branch. Besides, all Union countries accept authorization documents and staff qualifications in services sectors making part of the single market.