Announcement

Collapse
No announcement yet.

Armenia Signs Customs Union Roadmap, Kyrgyzstan Needs More Talks

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Armenia Signs Customs Union Roadmap, Kyrgyzstan Needs More Talks

    ARMENIA SIGNS CUSTOMS UNION ROADMAP, KYRGYZSTAN NEEDS MORE TALKS

    Russia Today
    Dec 24 2013

    Armenia is on course to join the Customs Union with Russia, Belarus,
    and Kyrgyzstan by January 2015, after signing a "roadmap" in Moscow.

    Despite declaring its interest only three months ago, it may join
    earlier than Kyrgyzstan, which applied in 2011.

    The news was announced after an official meeting between the heads
    of state of the three original members and two potential ones. The
    meeting also included Ukraine, which has observer status. Ukrainian
    Prime Minister Nikolay Azarov was present at the gathering.

    "We welcome the interest in closer co-operation from the non-member
    states. We have approved the roadmap that will allow Armenia to join
    the union and the common economic area, and a similar document for
    Kyrgyzstan is virtually ready," Russian President Vladimir Putin
    told reporters.

    The Customs Union, which seeks to gather all ex-Soviet nations to form
    a free trade zone to rival the EU, is the Russian leader's project.

    Armenia's bilateral trade with Russia, its biggest foreign partner,
    reached US$1.2 billion in 2012 - a negligible amount for Moscow.

    Double digit growth has taken place, however, as the Caucasian country
    of three million people continues to recover from the effects of a
    severe economic crisis.

    Armenia had long negotiated a potential Association Agreement with
    the EU, similar to the one that has been causing upheaval in Ukraine,
    but reversed course towards Russia in September.

    Among the potential obstacles to effective membership for Yerevan
    are the lack of shared borders with other member states and the
    unresolved status of the Nagorno Karabakh region, which is contested
    with Azerbaijan. A special provision has been included in the roadmap,
    which will define the status of the region and whether it constitutes
    part of the Customs Union.

    Kyrgyzstan's signing of a similar roadmap will be postponed at least
    until the next session of the union in March, following critical
    public comments made by the country's president last week.

    Almazbek Atambaev told media in Bishkek that the roadmap had been
    "drafted without Kyrgyzstan's involvement" and risked subjecting the
    country to "social problems and instability."

    Belarus and Kazakhstan are also not entirely agreed on the nature of
    the partnership between the member states, with Belarusian leader
    Aleksandr Lukashenko calling for wider diplomatic and political
    integration between the countries during Tuesday's meeting, and
    Kazakh leader Narsultan Nazarbaev retorting that the Customs Union
    "must not become politicized."

    President Putin nonetheless assured that the union is still on course
    to come into power on the long-declared date of January 1, 2015,
    with details finalized by May 2014.

    "Next we must document the economic obligations of the member states
    to ensure that they are doing everything to ensure the free economic
    movement of goods," said the Russian leader.

    "Eventually we are hoping that the amount of exceptions that restrict
    free trade will be reduced to zero," he added.

    http://rt.com/business/kyrgyzstan-armenia-customs-union-749/

Working...
X