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We Need To Find Most Effective Tools For Armenia's Cooperation With

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  • We Need To Find Most Effective Tools For Armenia's Cooperation With

    WE NEED TO FIND MOST EFFECTIVE TOOLS FOR ARMENIA'S COOPERATION WITH CUSTOMS UNION: PM SAYS

    YEREVAN, February 4. / ARKA /. We need to find a formula and the most
    effective tools for Armenia's collaboration with the Customs Union of
    Russia-Belarus _Kazakhstan, Armenian prime minister Tigran Sargsyan
    said in an interview with The Moscow News newspaper

    He pointed to the fact that the structure of the Armenian economy
    is very different from the economic structure of the Customs Union's
    member countries, which have considerable energy resources and which
    protect their domestic producers by relatively high customs duties.

    "In general, the level of customs dues in the Customs Union is twice
    higher than those used in Armenia. Armenia is one of the first CIS
    countries, which joined the World Trade Organization, and it also
    gives some specifics on our relations with the Customs Union. It is
    therefore necessary to find a formula, and the best tools for our
    interaction with the Customs Union ' Sargsyan said.

    Speaking about the probability of Armenia's accession to the Customs
    Union, Armenian prime minister stressed that Armenia is interested
    in the integration processes in the CIS and is ready to encourage them.

    "On the one hand, Russia is our strategic partner, and on the
    other-is a large and promising market, and we need to create favorable
    conditions for doing business in this space," he added. -0-




    From: A. Papazian
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