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Share of Kyrgyzstan in EEU treasury not to change until end of 2019

The share of Kyrgyzstan in the total revenues of the Eurasian Economic Union (EEU) will not be reviewed until the end of 2019. The Economy Minister Oleg Pankratov announced this today at the session of the Parliament.

According to him, when joining the union, Kyrgyzstan was set a share in the treasury of EEU in the amount of 1.9 percent of the volume of customs payments. This rate was set for three years.

«Since the methodology for recalculating the share of total revenues has not been determined yet, the share of 1.9 percent was extended for us. The inflow of money to the budget from the treasury of EEU will depend on the turnover,» stressed Oleg Pankratov.

The total revenues of EEU from payment of customs duties in the import of goods from third countries are distributed in such a way that Kyrgyzstan gets 1.9 percent, Armenia — 1.11 percent, Belarus — 4.55 percent, Kazakhstan — 7.11 percent, and Russia — 85.32 percent.