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    To the Submission to the Verkhovna Rada of Ukraine of the Draft Law of Ukraine “On Withdrawal from the Agreement on the Principles of Levying Indirect Taxes on the Export and Import of Goods (Works, Services) between the Member States of the Commonwealth of Independent States”

    This act concerns Ukraine’s withdrawal from the Agreement on the Principles of Levying Indirect Taxes between the CIS countries.

    **Essence of the act:**
    The order of the Cabinet of Ministers of Ukraine envisages the submission to the Verkhovna Rada of Ukraine of a draft law on Ukraine’s withdrawal from the Agreement on the Principles of Levying Indirect Taxes during the Export and Import of Goods (Works, Services) between the Member States of the Commonwealth of Independent States.

    **Structure of the act:**
    The act consists of one clause, which obliges the submission of the relevant draft law to the Verkhovna Rada of Ukraine. The text of the act states that the Agreement was concluded on November 25, 1998, in Moscow and ratified by the Law of Ukraine of April 20, 2000, No. 1690-III.

    **Key provisions:**
    The most important provision is the initiation of the process of Ukraine’s withdrawal from the Agreement, which may have consequences for the taxation of export-import operations with the CIS countries.

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