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EU, Armenia To Hold Free Trade Talks

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  • EU, Armenia To Hold Free Trade Talks

    EU, ARMENIA TO HOLD FREE TRADE TALKS
    Stuart Chalmers

    RIA Novosti
    30/05/2012
    YEREVAN

    The European Union and Armenia will hold a first round of talks on
    a bilateral agreement on Free Trade Area

    The European Union and Armenia will hold a first round of talks on
    a bilateral agreement on the Deep and Comprehensive Free Trade Area
    in June 19-20 in Brussels, Armenian Deputy Economy Minister Garegin
    Melkonyan said on Wednesday.

    "Armenia was able to overcome all the EU preconditions and [we are
    allowed] to start the first round of negotiations to launch the
    process of signing the document," Melkonyan said.

    The EU is Armenia's main trade partner, exporting 47 percent of its
    products to Europe. The agreement would allow Armenia to diversify its
    export routes and enter the European market on favorable conditions,
    he added.


    From: Baghdasarian
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