The Eurasian Economic Commission decided to import aluminum fluoride with zero tariff

According to Prime News Agency reported on April 29, the Executive Committee of the Eurasian Economic Commission (EEC) has adopted the decision to implement a temporary zero-tariff import of aluminum fluoride in the customs union area, according to the EEC's press bureau.

Economic commission for Europe and Asia's trade minister, had said, the zero tariff policy will be as of April 30, 2016, while imports from 2011-2013 aluminum fluoride increased by 4.6 times, but the raw material Eurasian economic union market demand gap, adopted a policy of tax exemption will create more favorable conditions for industry development, reduce product cost and improve its competitiveness in the international market.The decision shall take effect 30 days after the date of its announcement.