ANNOUNCEMENT 24 Apr 2018

On 24 April 2018, the EEU temporarily reduced or eliminated tariffs on components used in watch production. 

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

The Collegium of the Eurasian Economic Commission. 2018. Об установлении ставок ввозных таможенных пошлин Единого таможенного тарифа Евразийского экономического союза в отношении отдельных видов комплектующих, используемых в производстве часов, и о внесении изменений в Перечень товаров и ставок, в отношении которых в течение переходного периода Республикой Армения применяются ставки ввозных таможенных пошлин, отличные от ставок Единого таможенного тарифа Евразийского экономического союза (On setting the rates of import customs duties of the Unified Customs Tariff of the Eurasian Economic Union in respect of certain types of components used in the manufacture of watches, and on introducing changes to the List of goods and rates, for which during the transition period the Republic of Armenia applies import customs duties that differ from rates of the Common Customs Tariff of the Eurasian Economic Union). http://docs.cntd.ru/document/557281812

Inception date: 25 May 2018 | Removal date: 01 Jun 2020
Still in force

Import tariff

On April 24, 2018 the Collegium of the Eurasian Economic Commission announced a temporary reduction and elimination of import tariffs on various components used in watch production. Depending on the item, tariffs have been brought down from 8/10% to zero and from 10/13% to 5%. The reduced tariffs entered into force on May 25, 2018 and will be in force until 1 June 2019 or 2020, depending on the item. 

AFFECTED SECTORS

 

AFFECTED PRODUCTS