Kazakhstan is preparing to amend its agreement with Russia on oil supplies

27 April 2022


The ministry of energy of Kazakhstan has developed a draft government decree amending the agreement with Russia on cooperation in the supply of oil and petroleum products to the republic. The document was posted on Wednesday on the portal of normative legal acts.


According to the explanatory note to it, the Russian legislation provides for temporary periodic customs declaration for up to 180 days. "This rule allows one of the Russian market participants to declare the entire volume of supply to the Republic of Kazakhstan oil products provided by indicative balances or a list of oil products banned or restricted for exportation from Russia to the Republic of Kazakhstan, respectively, other market participants from both the Kazakh and Russian sides, take out any volume of oil products in the Republic of Kazakhstan," the ministry explained.


According to the ministry, Russia has come up with a proposal to amend Article 3 of the agreement in terms of the abolition of the temporary periodic customs declaration.


In this regard, the article is proposed to be redrafted, according to which oil and oil products classified in group 27 of the single commodity nomenclature of foreign economic activity of the Eurasian Economic Union (EEU), exported from Russia to Kazakhstan are subject to customs declaration in Russia for accounting purposes as if they were exported outside the customs territory of the EEU.


"The norm is prescribed for the Russian side, as the statistical record of the movement of Russian goods to the EEU member states in Russia is carried out by the federal customs service," the press service pointed out.


The Kazakh government decree on the signing of the protocol to amend the agreements between the two countries will be in public discussion until May 6.

 

 

GSV "Russia - Islamic World"

Photo: Creative Commons

Based on materials from TASS