The Role of the Eaeu Tariff Preferences Provided to the Goods of Developing Countries in Modern World Trade

Abstract

Nowadays the trade policy of different countries is characterized by an increased spread of preferential trade regimes. These regimes serve as the initial stage of the creation of integration groups, contribute to the solution of economic and political problems. A striking example of the implementation of preferential trade regimes is the practice of granting tariff preferences, including to developing countries. These preferences are the benefits of the customs tariff in the implementation of trade and political relations with foreign countries and are provided in the form of a reduction in the rate of import customs duty on goods originating from developing countries-users of the Unified system of tariff preferences of the Eurasian economic Union (EAEU USTP). The article considers the role of tariff preferences in modern world trade. The study was conducted on the example of developing countries-using of the EAEU USTP. The article analyzes the practice of granting tariff preferences to developing countries, as well as the features of declaring goods originating from these countries.The relevance of the article lies in the fact that today the role of tariff preferences in the trade of the EAEU with third countries is constantly growing, stimulating foreign trade turnover. The findings of the study can be used to adjust the list of developing countries-users of the EAEU USTP and the list of preferential goods, taking into account the peculiarities of the development of modern world trade.