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Armenia May Never Join Customs Union - Iskandaryan

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  • Armenia May Never Join Customs Union - Iskandaryan

    ARMENIA MAY NEVER JOIN CUSTOMS UNION - ISKANDARYAN

    YEREVAN, October 30. / ARKA /. Armenia may never join the Russia-led
    Customs Union because of a string of serious problems that have emerged
    after its declared intention, according to Aleksandr Iskandaryan,
    head of the Caucasus Institute in Yerevan.

    Speaking at a news conference Iskandaryan said he had doubts about
    Armenia's soonest accession to the customs union. "I have serious
    doubts whether it will happen at all. Moreover, I am not sure that
    the Customs Union will last for another five years," Iskandaryan said.

    According to him, the customs union is a project that had been formed
    for a very long time; it is kilograms of documents and Armenia's
    joining in a short time is almost impossible.

    He said each of its members has its own economic interest. "For
    example, Kazakhstan and Russia have to close their economies, while
    Belarus and Armenia have to do the contrary. This is why it is
    impossible to join it without huge preparatory work," he said.

    He said that the customs union's internal problem may exacerbate soon
    to make its members indifferent to Armenia's accession process.

    "Of course, if there is political will, Armenia will be named a
    customs union member, but anyway, a full membership of Armenia is
    not yet possible," he added. -0-

    - See more at:
    http://arka.am/en/news/politics/armenia_may_never_join_customs_union_iskandaryan/#sthash.yyQWMGBG.dpuf

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