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Kazakhstan Concludes WTO Accession Process

by Lorys Charalambous, Tax-News.com, Cyprus

01 December 2015


Kazakhstan became the 162nd member of the World Trade Organization (WTO) on November 30, 2015, after 20 years of negotiations with WTO members.

Kazakhstan deposited its "Instrument of Acceptance" with WTO Director-General Roberto Azevêdo on October 31, 2015. This activated the 30-day countdown to its accession, with the nation becoming a full member on November 30, 2015.

Kazakhstan's Accession Package was approved by the Working Party members on June 22 and ultimately by the General Council on July 27 this year.

Under its membership terms, Kazakhstan has undertaken tariff concessions and commitments that bind tariff rates for all products on average at 6.1 percent. For agricultural products, this average is 7.6 percent, while for non-agricultural products the average is 5.9 percent.

The country has also committed to join the Information Technology Agreement (ITA) upon accession, a WTO plurilateral agreement that commits its participants to completely eliminating duties on the IT products covered by the ITA Agreement.

Tariff-rate quotas will be applied to beef, other than high-quality beef, and to poultry products. Imports entering the market within the quota will benefit from lower tariffs, while higher duties will apply to products imported outside the quota:

  • For beef, the in-quota tariff rate will be 15 percent and the out-of quota tariff rate will be 40 percent; and
  • For poultry products, the in-quota tariff rate will be 15 percent. The out-of quota tariff rate will be 40 percent but will be not less than EUR0.65 (USD0.72) per kilogram.

TAGS: export duty | tariffs | World Trade Organisation (WTO) | Kazakhstan | import duty | trade | Work

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