Agreement on custom union
of January 20, 1995
The government of the Republic of Belarus and the Government of the Russian Federation, on the one hand, and the Government of the Republic of Kazakhstan, on the other hand, hereinafter referred to as "Contracting parties",
aiming at further development of the balanced and mutually beneficial economic relations, expressing intention to continue implementation of the Agreement on creation of Economic union of September 24, 1993,
wishing to start forming between them the Customs union, agreed as follows:
Contracting parties create the single Customs union, the purposes and the principles of forming, the mechanism and stages of creation which procedure for functioning, and also distribution of customs duties, taxes and fees, conditions of introduction of temporary restrictions and customs control are determined by the Agreement on the Customs Union between the Russian Federation and the Republic of Belarus of January 6, 1995.
Contracting parties assume in full the rights and obligations following from the Agreement on the Customs union between the Russian Federation and the Republic of Belarus of January 6, 1995 in that, as for the purposes, the principles of functioning, the mechanism and stages of creation of the Customs union, distribution of customs duties, taxes and fees, conditions of introduction of temporary restrictions, customs control.
At the same time regulation of foreign economic activity of the Republic of Kazakhstan will be performed according to the Agreement between the Government of the Russian Federation and the Government of the Republic of Kazakhstan on single procedure for regulation of foreign economic activity of January 20, 1995.
For the purpose of implementation of this agreement Contracting Parties on the basis of the free standing agreement will create executive body of the Customs union.
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