Free Trade Agreement Cis

• Parties to the free trade agreement would not be able to apply other barriers to trade, except those permitted by the CIS Free Trade Agreement, for example. B that the Parties have not been able to apply quantitative restrictions (quotas) or other safeguard measures (e.B.g. sanitary and epidemic measures), all existing quotas or safeguard measures should be abolished unless they have been introduced in the form of anti-dumping. Safeguard or compensation measures. The Commonwealth of Independent States Free Trade Area (CISFTA) is a free trade area between Russia, Ukraine, Belarus, Uzbekistan, Moldova, Armenia, Kyrgyzstan, Kazakhstan and Tajikistan. Five CISFTA participants, all except Ukraine, Uzbekistan, Moldova and Tajikistan, are members of the Eurasian Economic Union, which includes a single market. [10] Nevertheless, in mid-December 2015, Russia signed a decree suspending its CIS free trade agreement with Ukraine as of January 1, 2016. [11] At the end of December, the Ukrainian government responded by adopting trade restrictions against Russia with effect from 2 January 2016. [12] Agreements between Ukraine and other EU Member States within the framework of the free trade area remain in force. The CIS Free Trade Agreement provides for the free movement of goods within the territory of the CIS, the non-application of import duties, non-discrimination, the progressive reduction of export duties and the lifting of quantitative restrictions in reciprocal trade between CIS member States. [4] [5] In December 2013, Uzbekistan signed and ratified the treaty[6][7], while the other two signatories, Kyrgyzstan and Tajikistan, ratified the treaty in January 2014 and December 2015 respectively. [8] [9] Azerbaijan is the only full-fledged CIS member state not to participate in the free trade area.

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