Kazakhstan and Pakistan are strengthening their cooperation in the customs sector

Madi Takiyev, Minister of Finance of the Republic of Kazakhstan, presented to Members of Parliament a draft law ‘On the ratification of the Agreement between the Government of the Republic of Kazakhstan and the Government of the Islamic Republic of Pakistan on cooperation and mutual administrative assistance in customs matters.

The Agreement is aimed at developing ongoing and effective cooperation between the competent authorities of the two countries. The document provides for the prompt exchange of information, the coordination of measures to prevent and counter threats, and the coordination of actions in the customs sphere.

“Ratification of the Agreement will enable the establishment of a legal and organizational framework for interaction and timely cooperation in the field of customs, including the prompt exchange of information and the coordination of joint measures,” noted Madi Takiyev.

The establishment of the mechanisms provided for in the Agreement will enable the systematic development of cooperation between the customs authorities of Kazakhstan and Pakistan and enhance the efficiency of their interaction.

The implementation of the Agreement will not require additional expenditure from the state budget, will not necessitate amendments to customs legislation, and will not have a negative impact on budget revenue.