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ARMENIA'S CU INTEGRATION WILL NOT HURT OUR EXPORTS TO EUROPE - ZANGEZUR COPPER AND MOLYBDENUM COMBINE
February 20, 2014 | 05:16
YEREVAN. - Armenia's integration into the Customs Union (CU) will
not hurt the copper concentrate exports toEurope, Zangezur Copper and
Molybdenum Combine Director Maksim Hakobyan told Armenian News-NEWS.am.
In his words, however, contracts on the sale of the ore have not yet
been signed with the CU metallurgists.
"We sign medium-term contracts for three to five years, and the current
ones are still in progress. When they are completed, then we will be
prepared to discuss new proposals," Hakobyan stressed.
He noted that the combine exports copper concentrate to the German
Aurubis Group plus seven or eight other companies.
"So, we don't rule out the possibility of working with the CU
countries," Maksim Hakobyan stated.
The Zangezur Copper and Molybdenum Combine--which is the largest in
Armenia--was the country's largest taxpayer in 2013.
Following the talks that were held on September 3, 2013 in Moscow
between Armenian and Russian Presidents Serzh Sargsyan and Vladimir
Putin, Sargsyan had announced that Armenia plans to join the Customs
Union and subsequently engage in the formation of the Eurasian Economic
Union. In December 2013, the "road map" for Armenia's accession to the
Customs Union was adopted. And in January of this year, the Government
of Armenia approved the action plan for the implementation of this
"road map." Aside from Russia, Belarus and Kazakhstan likewise are
members in the Customs Union.
News from Armenia - NEWS.am
From: A. Papazian
February 20, 2014 | 05:16
YEREVAN. - Armenia's integration into the Customs Union (CU) will
not hurt the copper concentrate exports toEurope, Zangezur Copper and
Molybdenum Combine Director Maksim Hakobyan told Armenian News-NEWS.am.
In his words, however, contracts on the sale of the ore have not yet
been signed with the CU metallurgists.
"We sign medium-term contracts for three to five years, and the current
ones are still in progress. When they are completed, then we will be
prepared to discuss new proposals," Hakobyan stressed.
He noted that the combine exports copper concentrate to the German
Aurubis Group plus seven or eight other companies.
"So, we don't rule out the possibility of working with the CU
countries," Maksim Hakobyan stated.
The Zangezur Copper and Molybdenum Combine--which is the largest in
Armenia--was the country's largest taxpayer in 2013.
Following the talks that were held on September 3, 2013 in Moscow
between Armenian and Russian Presidents Serzh Sargsyan and Vladimir
Putin, Sargsyan had announced that Armenia plans to join the Customs
Union and subsequently engage in the formation of the Eurasian Economic
Union. In December 2013, the "road map" for Armenia's accession to the
Customs Union was adopted. And in January of this year, the Government
of Armenia approved the action plan for the implementation of this
"road map." Aside from Russia, Belarus and Kazakhstan likewise are
members in the Customs Union.
News from Armenia - NEWS.am
From: A. Papazian