Kazakh Senate ratifies deal on duty-free supply of oil products to Armenia

Public Radio of Armenia

The Senate (upper house) of the Parliament of Kazakhstan on Thursday ratified an intergovernmental agreement with Armenia on trade and economic cooperation in the field of supplies of oil products to the country. The agreement with Armenia was signed in Nur-Sultan in July 2020.

“The agreement provides for: non-collection of export customs duties on goods supplied from Kazakhstan to Armenia for domestic consumption in the volumes provided for by indicative balances; a ban on the supply of specified goods that are not approved by the list, as well as not provided for by indicative balances,” the committee on economic politics, innovative development and entrepreneurship of the Senate said.

At the same time, the specified goods supplied from Kazakhstan to Armenia are not subject to export to third countries and the countries of the EAEU. If facts of violation of this obligation are revealed, the Kazakh side reserves the right to prohibit or suspend duty-free supplies of these goods.

After ratification by the Senate, the agreement on cooperation in the field of supplying oil products to Armenia will go to the signature of the President of Kazakhstan, Kassym-Jomart Tokayev.

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS

Kazakh Senate ratifies deal on duty-free supply of oil products to Armenia

Public Radio of Armenia

The Senate (upper house) of the Parliament of Kazakhstan on Thursday ratified an intergovernmental agreement with Armenia on trade and economic cooperation in the field of supplies of oil products to the country. The agreement with Armenia was signed in Nur-Sultan in July 2020.

“The agreement provides for: non-collection of export customs duties on goods supplied from Kazakhstan to Armenia for domestic consumption in the volumes provided for by indicative balances; a ban on the supply of specified goods that are not approved by the list, as well as not provided for by indicative balances,” the committee on economic politics, innovative development and entrepreneurship of the Senate said.

At the same time, the specified goods supplied from Kazakhstan to Armenia are not subject to export to third countries and the countries of the EAEU. If facts of violation of this obligation are revealed, the Kazakh side reserves the right to prohibit or suspend duty-free supplies of these goods.

After ratification by the Senate, the agreement on cooperation in the field of supplying oil products to Armenia will go to the signature of the President of Kazakhstan, Kassym-Jomart Tokayev.