Agreement between the Government of the Russian Federation and Government of the Kyrgyz Republic on single procedure for regulation of foreign economic activity

of January 10, 1996

The government of the Russian Federation and the Government of the Kyrgyz Republic which are hereinafter referred to as with the Parties

for the purpose of implementation of the Agreement on creation of Economic union of September 24, 1993, forming of the Common Economic Space and the mechanism of regulation of foreign economic relations on the basis of the unified legislation,

aiming at creation of equal conditions of implementation of foreign economic activity for business entities,

proceeding from mutual interest in forming of the Customs union,

being guided by the universally recognized norms of international law,

agreed as follows:

Article 1

The parties will cooperate for the purpose of ensuring accomplishment of conditions of accession of the Kyrgyz Republic to the Customs union between the Republic of Belarus, the Republic of Kazakhstan and the Russian Federation (are referred to as - members of the Customs union).

Article 2

The Kyrgyz Side will provide establishment of the single, operating within the Customs union procedure for regulation of foreign economic activity and decision making in the following areas:

tariff and non-tariff regulation in the field of foreign economic activity;

currency control, currency and export exchange control of the external economic transactions;

establishment of trade regime in the relations with the third countries.

The parties will inform beforehand each other on need of introduction of amendments to the legislation regulating the specified fields of foreign economic activity and to hold consultations.

Article 3

1. The Kyrgyz Side will enter the common customs tariffs, and also the taxes and fees having equivalent action, accepted by members of the Customs union concerning import and commodity exportation as in trade, and uncommercial turnover.

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