In 1995, the following steps have been made towards the liberalization of foreign trade in the Republic of Kazakhstan: all export quotas and licenses were eliminated, except for a short list of goods that was compiled for reasons of national and personal safety and health (9 items for export and 11 items for import). The monopoly on foreign trade in strategic goods was cancelled, the mandatory sale of foreign currency earnings of exporters was cancelled as well, moreover, the barter trade was banned and the exchange and auction trading were expanded. In January 1995, Russia, Kazakhstan and Belarus signed an agreement on the Customs Union. Later Kyrgyzstan and Tajikistan joined them. The main purpose of the creating of such union is the removal of tariff barriers, creating a single economic space for the free movement of goods, capital, people and services. In 1995, the rates of export and import duties were reduced, however the list of items that were placed under the procedure of taxation, was still included12 titles. The presidential decree having the force of law "On the liberalization of foreign economic activity" was adopted on January 11, 1995.
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