LUKASHENKO ON TRADE WITH RUSSIA

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MINSK, September 6 (RIA Novosti) - The transfer in trade with Russia to new rules which envisage that the value added tax will be levied by destination country without withdrawals and restrictions, which may be implemented from January 1, 2005 must not entail a growth of prices in Belarus.

This was said on Monday by Belarussian President Alexander Lukashenko when he received the country's deputy Prime Minister Andrei Kobyakov, who delivered a report, RIA Novosti was told in the press service of the Belarussian president.

"Now work is underway on the draft agreement between the governments of Belarus and Russia on the levying of the value added tax by destination country in bilateral trade," Mr. Lukashenko said.

He instructed the country's government to pay special attention to prevention of negative consequences for Belarussian citizens and organizations.

The vice premier also told the Belarussian leader about the complex of agreements on the formation of a Common Economic Space (CES), which comprises 85 documents. In Mr. Kobyakov's words, the texts of agreements may be prepared by the end of this year.

Speaking about the negotiations on joining the World Trade Organization (WTO), Mr. Lukashenko noted that in this connection it is necessary to coordinate positions of the four countries (Russia, Ukraine, Belarus, Kazakhstan) so that conditions on which the countries enter the WTO would not hinder the establishment of a CES.

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