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IF ARMENIA BECOMES EURASIAN CUSTOMS UNION MEMBER, IT WILL HAVE TO END ACTIVITIES TO SIGN FREE TRADE AGREEMENT WITH EU - ECONOMIST
YEREVAN. - If Armenia becomes a member in the Eurasian Customs Union,
it cannot sign the Deep and Comprehensive Free Trade Agreement with
the European Union (EU).
Economist Samvel Avagyan noted the abovementioned during a press
conference on Monday.
The matter is that a country which has become a member in a customs
union is obligated to discuss the terms of trade with a third country
solely by way of the said customs union.
Avagyan noted that CIS and EU are Armenia's important partners. That
is why it is beneficial for the country to continue the integration
processes in both directions.
But, as for the economist, a problem may occur only if Armenia's
integration with the Eurasian Economic Union continues prior to its
entering into the customs union.
Photo by Arsen Sargsyan/NEWS.am
http://news.am/eng/news/159499.html
YEREVAN. - If Armenia becomes a member in the Eurasian Customs Union,
it cannot sign the Deep and Comprehensive Free Trade Agreement with
the European Union (EU).
Economist Samvel Avagyan noted the abovementioned during a press
conference on Monday.
The matter is that a country which has become a member in a customs
union is obligated to discuss the terms of trade with a third country
solely by way of the said customs union.
Avagyan noted that CIS and EU are Armenia's important partners. That
is why it is beneficial for the country to continue the integration
processes in both directions.
But, as for the economist, a problem may occur only if Armenia's
integration with the Eurasian Economic Union continues prior to its
entering into the customs union.
Photo by Arsen Sargsyan/NEWS.am
http://news.am/eng/news/159499.html