The Commission of the Government on legislative activities approved the draft law «On ratification of the Agreement on trade regime for goods between the Government of the Russian Federation and the Government of the Republic of South Ossetia», submitted by the Russian Foreign Ministry.
According to the official website of the Government of the Russian Federation, the agreement was signed in Moscow on March 2, 2012. The document provides for the duty-free importation of goods, while preserving to be seized for a number of commodity items.
The Agreement also provides for the collection of export duties on a number of products in the cases stipulated by Russian legislation. At the same time, the export customs duties are not applied to gasoline and diesel fuel intended for consumption in the territory of the Republic of South Ossetia in a limited volume.
The agreement contains rules other than those provided for by the legislation of the Russian Federation, and is subject to ratification in accordance with subparagraph "a" of paragraph 1 of Article 15 of the Federal Law of July 15, 1995 № 101 of the FL "On International Treaties of the Russian Federation."
The agreement is aimed at resolving the situation with the application of tariff regulation measures in respect of goods produced in the Republic of South Ossetia after Russia`s recognition of the independence of South Ossetia.
The bill will be considered at a meeting of the Government.
