Kremlin still hopes to draw official Minsk into trade war with Kiev
A member of the Board on Trade in the Eurasian Economic Union, Minister Slepnyov, said that the Eurasian Economic Union did not preclude introducing protective measures on the Customs Union market due to Ukraine’s signing of the Association Agreement with the EU.
It should be noted that Belarus, Kazakhstan and Russia have already introduced unilateral restrictions on certain groups of goods from Ukraine, for example, on confectionery products, referring to internal reasons - to protect their markets under the import substitution policy. The Kremlin aspires to present unilateral measures taken by Belarus and Kazakhstan to restrict imports of Ukrainian goods, as joint actions of the Customs Union members in the EurAsEC – in order to put pressure on Kiev and strengthen the propaganda effect. However, official Minsk is not interested in siding with the Kremlin and participating in a trade war – quite the opposite, it hopes to increase trade with Ukraine.
The Labour and the Tax Ministries are considering the possibility to include persons engaged in some economic activity without forming a legal entity in the social security system. When the decree No 337 comes into effect, the number of private entrepreneurs is likely to reduce due to the possibility of reducing the tax burden when switching to a tax payment as an individual. 95% of self-employed, including PE, pay insurance premiums on the basis of the minimum wage. The number of self-employed citizens is expected to increase, the number of insurance contributions to the pension system from PE will decrease, the number of citizens who will pay a fee to finance government spending will decrease by several tens. Self-employed citizens have the alternative not to pay social security fees and save resources for future pensions, which, given the gradual restriction by the state of pension requirements could be a more long-sighted option.