According to him, this contributes to reducing transaction costs and accelerating the movement of goods.
In addition, Murataliev mentioned that the union is actively developing external integration directions through free trade agreements with third countries. Among the partners are Iran, Vietnam, Serbia, Indonesia, the UAE, Singapore, and Mongolia.
“A temporary agreement with Mongolia is in effect for a period of three years, providing for preferential or zero customs duties on approximately 370 commodity items,” he reported.
