Ukraine to quit CIS agreement on levying indirect taxes on export, import of goods

MOSCOW. Dec 20 (Interfax) - The Ukrainian government has asked the Verkhovna Rada to approve Ukraine's withdrawal from the Commonwealth of Independent States (CIS) agreement on the principles of levying indirect taxes on the export and import of goods.

The government adopted this decision at its meeting on Tuesday, Ukrainian media said, citing the government's representative to the Verkhovna Rada Taras Melnichuk.

Specifically, the government approved a bill that allows Ukraine to quit the agreement on the principles of levying indirect taxes on the export and import of goods (works and services) between the CIS member states, which was signed in Moscow on November 25, 1998.