MOSCOW, Oct. 28 (Xinhua) -- Customs duties on goods imported into the Eurasian Economic Union (EAEU) have been fully eliminated for 32 African countries, Russian President Vladimir Putin said Wednesday.
Speaking at a meeting with representatives of major African regional organizations, Putin said exporters from 47 African countries benefit from tariff preferences when their goods enter EAEU markets.
"These benefits are available to 47 countries on the continent, and for 32 of them, customs duties have been completely eliminated," he said.
Formed in 2015, the EAEU groups Russia, Kazakhstan, Belarus, Kyrgyzstan and Armenia, aiming to modernize and enhance the competitiveness of their economies, strengthen cooperation and foster stable development to improve living standards in member states. ■
