Mackay: Kazakhstan’s accession to the WTO may delay the development of the EEU

Mackay: Kazakhstan’s accession to the WTO may delay the development of the EEU


According to the head of the foreign Ministry of Belarus, the single economic space can be shifted to a later time because of the actions of some partners. In particular, because of Kazakhstan’s accession to the WTO, he explained.

MOSCOW, 27 Jan. The accession of Kazakhstan to the world trade organization (WTO) might slow the integration within the Eurasian economic Union (EEU), the head of the foreign Ministry of Belarus Vladimir Makei.

AAAS is an international integration economic Union created on the basis of the Customs Union and the common economic space and functioning from January 1 of the current year. Now members of the EEU are Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan.

“We have upheld a huge number of exemptions and limitations that are not conducive to a speedy establishment of a single economic space, and in fact this is the main goal to which we aspired. Moreover, the decision on its creation is postponed until 2025, and the actions of some of the partners lead to the fact that these terms can be shifted to a later time. I mean, in particular, Kazakhstan’s accession to the WTO and the adoption by Kazakhstan of the obligations, which reduce the level of tariff protection in the framework of the Eurasian economic Union,” Makei said in an interview with the newspaper “Kommersant”.

“Of course, we see these risks and will take appropriate response measures, building appropriate levels of customs protection with our side of of those products can enter the market of the EEU via Kazakhstan. By the way, here we are together with our partners from Russia, Armenia and Kyrgyzstan”, — he added.

The Protocol on the accession of Kazakhstan to the Marrakesh agreement establishing the WTO signed in Geneva on 27 July 2015. The Protocol and its obligations are an integral part of the WTO agreement. The Parliament of Kazakhstan has already ratified the document, then the relevant law was signed by President Nursultan Nazarbayev.

Officially Kazakhstan will become a member 162 of the organization at the end of 2015, after the settlement of all procedural formalities.

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