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Eurasian Union to open new prospects for Armenian market - MP

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  • Eurasian Union to open new prospects for Armenian market - MP

    Eurasian Union to open new prospects for Armenian market - MP

    12:53 * 02.09.14


    A lawmaker of the ruling Republican Party of Armenia on Tuesday
    elaborated on the economic advantages of Armenia's Eurasian
    integration.

    Gagik Minasyan, who heads the National Assembly's Standing Committee
    on Financial-Credit and Budgetary Affairs, said he expects the
    exemption of customs duties to be Armenia's major gain after joining
    the Eurasian Economic Union (EEU). He noted further that new sanitary
    norms and the market opening to the country (promising delays in VAT
    payments) are likely to raise the economic advantages in future.

    The parliamentarian said he believes that the Western sanctions
    against Russia have changed the Armenian society's understanding of
    the Russian market over the past period. "New opportunities emerge for
    us in terms of exporting and realizing goods. As to what extent we
    will manage to us those opportunities, it depends on the flexibility
    of our entrepreneurs," he added.

    Commenting on Kazakh President Norsultan Nazarbaev's statement that
    his country may decide against continuing the EEU membership process,
    Minasyan said he thinks that the move is extremely important in terms
    of realizing that the union is really an economic one. "Those states
    pursue approaches conflicting with one another," he said, addressing
    the economic interests of Russia, Belarus and Kazakhstan, the founding
    member states of the economic bloc.

    Minasyan noted that despite several Western powers' earlier calls on
    Armenia to decide between the Eurasian or European integration
    processes, the Foreign Ministry stated later that it would continue
    the partnership with the European Union.


    Armenian News - Tert.am

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