To the draft resolution of the Government of the Republic of Kazakhstan «On signing the Protocol on electronic information exchange between the Eurasian Economic Union and its Member States, of the one part, and the Socialist Republic of Viet Nam, of the other part, within the Electronic Origin Certification and Verification System»

To the draft resolution of the Government of the Republic of Kazakhstan «On signing the Protocol on electronic information exchange between the Eurasian Economic Union and its Member States, of the one part, and the Socialist Republic of Viet Nam, of the other part, within the Electronic Origin Certification and Verification System»

The draft Protocol was developed by the member States and the Eurasian Economic Commission in order to implement Article 4.29 of the Free Trade Agreement between the Eurasian Economic Union and its member States, of the one part, and the Socialist Republic of Viet Nam, of the other part, dated May 29, 2015.

The electronic system of certification and verification of the origin of goods is a system of electronic data exchange from preferential certificates of origin of goods between organizations authorized to issue such certificates, as well as customs authorities. The application of this system is aimed at eliminating the use of paper certificates in trade with Viet Nam, and, as a result, simplifying the procedure for documenting the origin of goods necessary to obtain tariff preferences.

The adoption of the draft Protocol and its implementation will not entail negative socio-economic and legal consequences, as well as will not require additional financial costs from the state budget.