* Each WTO member country has limited freedom to take swift and effective measures to limit imports. It must always coordinate its actions with WTO principles and rules. When a country is a member of the WTO, it is obliged to abide by WTO rules and standards, regardless of their opinion as to whether or not they are suitable for the country. As of 1 January 2016, Ukraine and the European Union began to provisionally apply a Deep and Comprehensive Free Trade Agreement. On 22 December 2015, the Member States of the Eurasian Economic Union held consultations to discuss the impact of the agreement on the possible duty-free transit of goods from the EU to the EU via Ukraine. States agreed to establish, in the course of 2016, a provisional customs control regime for goods imported into the EU from Ukraine; and, in the long term, the establishment of a common information system for the control of all imports into the customs area of the European Union. [10] Nevertheless, in mid-December 2015, Russia signed a decree suspending its CIS free trade agreement with Ukraine as of January 1, 2016. [11] At the end of December, the Ukrainian government responded by adopting trade restrictions against Russia with effect from 2 January 2016. [12] Agreements between Ukraine and other EU Member States within the framework of the free trade area remain in force. * Detect trade barriers used by Tajikistan`s trading partners with regard to Tajik products by examining and analysing the different commodity markets and start working towards the elimination of restrictions. * With regard to the member countries of the Eurasian Economic Community (EurAsEC) and the Shanghai Cooperation Organization, the Republic of Tajikistan should in future work on the extension of economic cooperation within the framework of bilateral and multilateral agreements. Joint work with the countries of the Central Asian region should continue towards the creation of a single economic area, the efficient use of water and energy resources and existing infrastructure, and further economic integration.
Effective participation of Tajikistan in the international division of labour. Favourable conditions are occurring since Tajikistan participates in international cooperation (establishment of joint ventures, conclusion of agreements on joint research projects, production, sale and exchange of intellectual property). Tajikistan has a relatively open economy and low tariffs: the total value of foreign trade corresponds to 57% of GDP (World Bank – 2017, latest available data) and the average interest rate is 5.6%. Tajikistan has taken steps to improve its global and regional integration by participating in the WTO in 2013 and participating in free trade agreements with the CIS. Tajik exports are mainly made from aluminum, agricultural products and light industries. Low product diversification and dependence on natural resources make the Tajik economy particularly vulnerable to volatile commodity prices. Indeed, the main exported products – aluminium and cotton – have been affected by a fall in prices on the international market, which has seriously affected the country`s trade balance. The country mainly imports oil, machinery and food. The main suppliers are China (43%), Russia (23%), Kazakhstan (15%) and Turkey (5.1%), while the main customers are Kazakhstan (32%), Turkey (21%), Switzerland (17%), Algeria (8.8%), India (5%) and China (4.9%). Tajikistan is the 148th largest exporter and 145th largest importer in the world….