Optimization of the EAEU tariff preferences system in present conditions

The system of tariff preferences is a key instrument of influence on foreign trade activities in terms of customs and tariff regulation. The possibility of controlling the volume of imported goods, the level of their competitiveness in the domestic market, as well as the impact on the amount of customs duties paid, necessitate the optimization of the current system of tariff preferences, taking into account emerging challenges in the field of foreign trade. In this regard, the article discusses the main mechanisms of provision of tariff preferences in the EAEU, analyzes their functioning taking into account changes in the current legislation, and also suggests measures to overcome the current problems of applying the system of tariff preferences, taking into account the most important strategic objectives of the EAEU countries. In this context, the issues of transformation of the Unified System of Tariff Preferences in terms of differentiation of import customs duty rates when tariff preferences are triggered, the list of preferential goods, as well as improving the effectiveness of customs control in this area are of particular relevance. In the current conditions, the most important tasks for the development of preferential trade are, on the one hand, strengthening of the relations with key foreign trade partners by providing economic advantages in mutual trade, and, on the other hand, protecting national producers from excessive foreign competition. In this regard, the optimization of the system of provision of tariff preferences will allow the EAEU member states to build their foreign trade policy with third countries more effectively.