The upper house of the Kazakh parliament, the Senate, ratified an intergovernmental agreement on trade and economic cooperation with Armenia in the field of oil supply. It was signed in Nur Sultan in July 2020.
"The agreement provides for the abolition of export duties on goods supplied from Kazakhstan to Armenia for domestic consumption in volumes on the indicative balance sheets, as well as a ban on the supply of goods not provided for in the indicative balances,” the conclusion of the Senate Committee on Economic Policy, Innovation Development and Entrepreneurships reads.
Moreover, the goods supplied from Kazakhstan to Armenia are not subject to export to EEU and third countries.
The agreement will be sent to President Kassym-Jomart Tokayev for signing.
