LANES | Client alert
Exporters shipping goods to Pakistan or through its territory. Importers of Pakistani goods. Transport and logistics companies using or planning to use Pakistani sea ports to access foreign markets. Customs representatives and declarants. Companies processing transit declarations in the southern direction.
The Agreement between Kazakhstan and Pakistan on Cooperation and Mutual Administrative Assistance in Customs Matters has been ratified. One provision is crucial for business: the customs services of the two countries will exchange information on export and transit declarations. This means that data declared by a Kazakhstani exporter becomes available to the Pakistani side and vice versa, and discrepancies between the departure declaration and the destination declaration cease to go unnoticed. The Agreement establishes the legal framework for the joint prevention of customs legislation violations and the coordination of response measures. The context is the development of Kazakhstan's exports through Pakistani sea ports.
The Agreement enters into force in the manner prescribed therein—as a rule, following the exchange of notifications on the fulfillment by the Parties of internal state procedures. The Law on Ratification was signed by the President of the Republic of Kazakhstan, and the text of the law is published in the press.
For further details and to check the status, please contact us. This material is for information only and does not constitute legal advice.
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