Prime Ministers of Kazakhstan, Russia and Belarus to coordinate customs duties in May

Astana. March 18. Kazakhstan Today - The Prime Ministers of Kazakhstan, Russia and Belarus will co-ordinate the customs duties of the Customs Union in the end of May. The Prime Minister of Kazakhstan, Karim Masimov, informed during the plenary session of the Senate of Parliament of Kazakhstan, the agency reports.

"Those forecasts we made in regards to increase of the profitable part of the budget of Kazakhstan, connected with the change of the customs tariff policy, will be coordinated with those macroeconomic forecasts we made and carry out with our Customs Union partners," K. Masimov said.

"We reached an arrangement in the questions of splitting the customs duties between three countries. I will have a meeting with the Prime Ministers of the Russian Federation and Belarus in Moscow on May 21, where we will discuss this question and will bring it for consideration of the heads of states," he noted.

As informed earlier, the participants of the session of the Customs Union Commission on February 26 in Moscow decided that Kazakhstan would receive 7.36 % of the total amount of the customs duties of the Customs Union.

The Customs Union of Kazakhstan, Russia and Belarus came into force on January 1, 2010.