The Federal Law On Customs Regulation in the Russian Federation is aimed at bringing Russian legislation concerning customs regulations and customs procedures into conformity with Russia’s international agreements that form the legal framework of the Customs Union within the Eurasian Economic Community.
The President also signed two laws amending the Tax Code of the Russian Federation and the Law On Tax Authorities in the Russian Federation. In particular, the amendments concern bringing the applicable Russian Federation Tax Code terminology into conformity with the terminology used in the customs legislation of the Customs Union within the EurAsEC and the Russian Federation legislation on customs procedures.