Belarus proposes EEC to cancel duties on several chemicals

MOSCOW (MRC)–The Eurasian Economic Commission’s (EEC) Advisory Committee on Trade is considering a proposal from Belarus to reduce import duties for several chemicals among its members, analysts at MRC reported on Monday.

If approved, the proposals could see the ECC’s Common Customs Union ditching import duties on certain types of chemical products for the production of wallpaper, caprolactam, methanol, ammonia and methyl esters of fatty acids.

The proposal came from the Republic of Belarus, which forms the EEC together with the Republic of Armenia, the Republic of Kazakhstan and the Russian Federation.

The Belarusian side is initiating a temporary cancellation of the import duties from the 1 May 2016.

Belarus offered to cancel the import customs duties on acrylic polymers in basic forms, plasticized polyvinyl chloride (PVC) for the period 1 May 2016-30 April 2019, as well as setting to zero on a regular basis the import customs duties on sodium hydroxide in aqueous solution.

Two Belarusian companies, the Belarusian State Concern for Oil and Chemistry and Gomeloboi, a wallpapers producer, addressed the EEC with the proposal to introduce a measure of customs-tariff regulation, which will be debated for the remaining of April.

MRC, a partner of ICIS, produces polymers news and pricing reports from Russia, Ukraine, Belarus, Uzbekistan and Kazakhstan.