The System of Tariff Preferences in the EAEU requires revision

Authors

  • Pavel Anatolievich Kadochnikov The Russian Foreign Trade Academy
  • Mariya Grigorievna Ptashkina The Russian Foreign Trade Academy

Keywords:

Tariff preferences, Generalized System of Tariff Preferences, developing and least developed countries, trade policy

Abstract

Providing tariff preferences to the goods imported from developing and least developed countries is an important trade policy instrument, which influences the level of competition of domestic production with the imports from beneficiary countries, as well as those countries’ economic growth and development. The current system of tariff preferences in the Eurasian Economic Union requires revision, with the rising role of developing countries in the world economy and the changes in the world trade structure. The main changes could include the differentiation and revision of the lists of products for developing and least developed countries, and reduction in the number of beneficiary countries.

Author Biographies

Pavel Anatolievich Kadochnikov, The Russian Foreign Trade Academy

PhD in Economics
Place of work, post: The Russian Foreign Trade Academy, Vice President for Research

Mariya Grigorievna Ptashkina, The Russian Foreign Trade Academy

Place of work, post: The Russian Foreign Trade Academy, Researcher

Published

2024-02-08

How to Cite

Kadochnikov, P. A., & Ptashkina, M. G. (2024). The System of Tariff Preferences in the EAEU requires revision. Russian Foreign Economic Journal, (6), 3–9. Retrieved from https://journal.vavt.ru/rfej/article/view/911

Issue

Section

World economy

Most read articles by the same author(s)

1 2 > >>