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Export revenues of the Kazakhstan’s car-making plants in 2014 is estimated at $220 million.
Earlier the country’s Prime Minister Serik Akhmetov announced plans to increase floor prices for alcoholic beverages three times by 2016.
Kazakhstan’s Vice Minister for Economic Development and Trade earlier announced that the average import duty rate within the WTO is 7.9% higher than that currently in place within the Customs Union.
Almaty Toyota spare part traders say that the scheme proposed by official Toyota brand representative in Kazakhstan is cost-inefficient .
The joint company is expected to be launched in the Q1 2014.
Kazakhstan's Prime-Minister Serik Akhmetov believes it especially important that all the member countries equally benefit from the Eurasian integration.
Yerevan expect to be ready for signing of the treaty to join the Customs Union and Common Economic Space in February 2014.
President of Kazakhstan Nursultan Nazarbayev proposed to dissolve EurAsEC because "two overlapping organizations with similar rules are not needed".
When speaking at the sitting of the Supreme Eurasian Economic Council in Minsk, Nazarbayev also suggested dismissing the EurAsEC.
President of Kazakhstan Nursultan Nazarbayev is going to visit Minks, Belarus this week.
Customs Union countries are mulling establishment of a common energy market within the Common Economic Space.
Air fares may go 15-20 percent in Russian airlines starting from January 2014, but not in Kazakhstan or Belarus ones.
The Customs Union countries - Kazakhstan, Russia and Belarus - are working to align duties on oil products to tackle corruption.
Kazakhstan is the second largest investor in the CIS with the investments volume of $5.6 billion.
Kazakhstan mulls lowering corporate income tax from 20 to 15 percent in 2014.
Armenia has blocked its chances of signing a free trade deal with the European Union by choosing to join the Russia-led customs union.
Armenia intends to ascend the Customs Union and take part in establishment of the Eurasian Economic Council.
Armenia said Tuesday it would join the Russia-led customs union to help promote close integration among neighbours.
The current regulations in place prevent Kazakhstan’s individuals from hiring labor migrants. Consequently, most of migrants from other Central Asian states work in Kazakhstan illegally: migration police official.
Presidents of Russia, Belarus, Ukraine and Kyrgyzstan will arrive to Astana on May 29.
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