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WHAT DID ARMENIA LOSE ABANDONING THE PATH OF EUROPEAN ASSOCIATION?
Lragir.am
Politics - 27 February 2015, 10:57
The video discusses in detail the losses incurred by Armenia as
a result of abandoning the path of European integration. The main
part of the Association Agreement was related to the trade between
EU and Armenia. According to this part of the Agreement, known as
the Agreement on deep and comprehensive free trade area, mutual
cancellation of duties on all goods and services between the EU and
Armenia, as well as simplification of procedures, was planned.
According to the research done by the Dutch Ecotys organization, as
a result of the association with the EU, Armenia's GDP would grow by
2.3 percent, and revenues of the state budget would increase by 146
million dollars. The volume of exports from Armenia was supposed to
grow by 15 percent, and the wages would increase by 2.7 percent
The cancellation of import duties on European goods in Armenia would
lead to a 1.2 percent offset in the growth of consumer prices.
The European Union was supposed to give Armenia a gratuitous grant
in sum of 4 billion 856 million euro.
Despite all this support, we would not lose our right to independent
foreign trade policy and would be free in establishing independent
trade relations with other countries.
"Union of Informed Citizens" NGO
https://www.youtube.com/watch?v=2Wfzkhlgwkw
http://www.lragir.am/index/eng/0/politics/view/33692#sthash.TK8zauRP.dpuf
Lragir.am
Politics - 27 February 2015, 10:57
The video discusses in detail the losses incurred by Armenia as
a result of abandoning the path of European integration. The main
part of the Association Agreement was related to the trade between
EU and Armenia. According to this part of the Agreement, known as
the Agreement on deep and comprehensive free trade area, mutual
cancellation of duties on all goods and services between the EU and
Armenia, as well as simplification of procedures, was planned.
According to the research done by the Dutch Ecotys organization, as
a result of the association with the EU, Armenia's GDP would grow by
2.3 percent, and revenues of the state budget would increase by 146
million dollars. The volume of exports from Armenia was supposed to
grow by 15 percent, and the wages would increase by 2.7 percent
The cancellation of import duties on European goods in Armenia would
lead to a 1.2 percent offset in the growth of consumer prices.
The European Union was supposed to give Armenia a gratuitous grant
in sum of 4 billion 856 million euro.
Despite all this support, we would not lose our right to independent
foreign trade policy and would be free in establishing independent
trade relations with other countries.
"Union of Informed Citizens" NGO
https://www.youtube.com/watch?v=2Wfzkhlgwkw
http://www.lragir.am/index/eng/0/politics/view/33692#sthash.TK8zauRP.dpuf