YEREVAN, April 11. /ARKA/. The government of Armenia has okayed today the signing of an agreement between the Eurasian Economic Union (EEU) and China on the exchange of information on goods and vehicles passing through the customs borders of the parties.
The head of Armenia’s State Revenue Committee (SRC) David Ananyan said the agreement provides for the exchange of information on goods and vehicles passing through the customs borders of the EEU and China.
He said information will be shared on a single platform, which will be provided by the EEC. He also said that the agreement does not provide for the control of cargo and postal parcels of individuals and the exchange of secret information between the countries.
The agreement on the exchange of information between EEU and China has been developed to speed up the customs clearance of goods. The parties also plan to use data on goods and vehicles, to be obtained during the exchange of information, to improve efficiency in risk management and customs control.
China will become the second country with which the EEU will be exchanging customs information. Earlier, the EEU agreed on a similar electronic exchange of information with Vietnam under the current Free Trade Agreement. –0–