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29 Февраля, 2016 13:04

EEC zero rate of duty on cocoa products

Board of the Eurasian Economic Commission has decided to zero the rate of import duty on cocoa products until December 31 2017. The rate was 3-5% of the customs value.
EEC zero rate of duty on cocoa products | Strategy2050.kz

The zero rate will apply to non-defatted cocoa paste, cocoa butter and cocoa fat. These cocoa products are used by manufacturers of confectionery products for the manufacture of chocolate and other products made of chocolate, according to the press service of the EEC.

"Reduced rate will increase the competitiveness of manufacturers of confectionery products from the EAEU countries", - a member of the Board (Minister) for the EEC  Veronika Nikishina explained.

The decision will come into force after 30 calendar days from the date of its official publication.

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SMEs will make up at least 50% of the GDP

abour productivity will reach up to $126 000 and 3 to 6 y.o. kids will have 100% access to pre-school education in Kazakhstan.

Kazakhstan will fully satisfy its own market of POL in compliance with the new environmental standards

The share of non-primary exports in total exports will double and triple by 2040

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95% of the population will speak Kazakh

15% of the area under cultivation will make use of water-saving technologies.

The issue of providing water for irrigation will be resolve

GDP per capita will stand at $60 000

The urban population will represent 70% of the total population in Kazakhstan