Russia Will Completely Cancel the Tariff from January 1st 2012

According to report from Russia's Interfax news agency on March 16, due to the establishment of unified economic space, Russia will completely cancel the customs tariff from January 1st 2012, said Putin at the end of White Russia press conference. In 2010, Russia has already unilateralism provided 6.3 million duty-free oil to White Russia for internal consumption.
During the press conference, Putin pointed out that transforming to single currency would be a possible step to realize economic integration between the two countries, which can simplify mutual settlement, minimize economic body cost, and promote economic competitive power in both sides.