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Eurasian Economic Community Can Not Become Counterbalance On Armenia

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  • Eurasian Economic Community Can Not Become Counterbalance On Armenia

    EURASIAN ECONOMIC COMMUNITY CAN NOT BECOME COUNTERBALANCE ON ARMENIA'S ROAD TO EU

    YEREVAN, July 3. / ARKA /. Gagik Makaryan, the head of the National
    Union of Employers, said today Armenia's membership in the Customs
    Union of Russia, Belarus and Kazakhstan, which is supposed to be used
    as the backbone for creating the Eurasian Economic Community, will
    not provide Armenia, which has observer status in this still-on-paper
    organization, with opportunities that may be offered by the European
    Union, therefore, the Eurasian Economic Community can not be a
    counterbalance on Armenia's way towards signing Association Agreement
    with the EU and its key element, the Deep and Comprehensive Free
    Trade Agreement (DCFTA).

    "Armenia has free trade agreements with almost all the member states
    of the Eurasian Economic Community and CIS, which have been concluded
    since the early 90s to 2008. Therefore, a membership will not result
    in major changes for Armenia," Makaryan said at a press conference
    on Wednesday.

    The agreement on the establishment of the Eurasian Economic Community
    was signed on 10 October 2000 in Kazakhstan and entered into force
    on 30 May 2001 after its ratification by all member states - Russia,
    Belarus, Kazakhstan, Kyrgyzstan and Tajikistan. In 2002, Ukraine and
    Moldova were granted observer status. In January 2003 Armenia was
    also granted observer status.

    According to Makaryan, the Eurasian Economic Community would benefit
    the interests of Russia and the countries that have monopolized
    economies, including Kazakhstan and Belarus.-0-

    - See more at:
    http://arka.am/en/news/economy/eurasian_economic_community_can_not_become_counter balance_on_armenia_s_road_to_eu/#sthash.izCYkAKZ.dpuf

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