The Eurasian Economic Union (EAEU) is introducing a unified system for determining the origin of exported goods, significantly simplifying procedures for exporters from member countries. This initiative follows an agreement signed in Moscow on December 4, 2023, which has recently been ratified by all EAEU member states.
Armenia's Minister of Economy, Gevorg Papoyan, detailed this agreement during a meeting of the Standing Committee on Regional and Eurasian Integration of the National Assembly of Armenia on September 2. The committee approved the ratification of the document, acknowledging its importance for enhancing the country's export potential.
The new system aims to standardize the approaches of EAEU countries in determining and confirming the origin of exported goods. It is designed to simplify access to third-country markets by creating unified mechanisms for the Union's exporters. The agreement also provides for the harmonization of activities among organizations issuing certificates of origin and establishes a legal basis for implementing a self-declaration system.
The agreement places particular emphasis on combating the falsification of information about the origin of goods. It introduces penalties for such violations, which is expected to enhance trust in EAEU products in international markets.
The Eurasian Economic Commission is granted the authority to set special rules within this system, allowing for flexible responses to changes in global trade. Additionally, the EAEU establishes uniform rules for determining the origin of goods for export to countries that lack their own "import" rules, as well as for goods not covered by preferential regimes.
