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Armenia is the EaEU full member

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  • Armenia is the EaEU full member

    Vestnik Kavkaza, Russia
    Jan 2 2015

    Armenia is the EaEU full member

    2 January 2015 - 11:32am


    Today Armenia officially joins the Eurasian Economic Union. The
    agreement on the country's accession to the union of Russia, Belarus,
    and Kazakhstan was signed in October 2014.


    Armenia becomes a full member of the EaEU on January 2nd, but in
    executive bodies of the EaEU it will be presented not fully by
    expiration of their duties. Armenia will be presented in the Eurasian
    Economic Commission by three members who have one vote and have no
    functions in certain spheres, TASS reports.

    As for distributed customs duties from import of goods to the EaEU
    territory, Armenia's share will be 1.13%. The share of Belarus reduced
    from 4.7% to 4.65%, Kazakhstan's share - from 7.3% to 7.25%; Russia's
    share reduces from 88% to 86.97%.

    In the sphere of services Armenia joins agreements of the EaEU members
    on the usual terms; in the sphere of commodity trade a steady shift
    (by 2022) to the united customs tariff of the EaEU is planned.


    From: Baghdasarian
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