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The Belarusian Telegraph Agency (Belta) in a release reproduced by the State Customs Committee announced that on December 19, 2013, the Council of the Republic approved the draft law “On Customs Regulation in the Republic of Belarus.” The draft law replaces the existing Customs Code with a law that takes the Customs Union into account and regulates those activities which remain with national authorities. The bill also would reduce the number of required documents for Customs clearance, simplify the clearance process, and specify requirements for banks in providing Customs guarantees. Once the bill is signed by the President, the State Customs Committee intends to eliminate several existing requirements. |
