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Armenia May Increase Its Presence In EU Market

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  • Armenia May Increase Its Presence In EU Market

    ARMENIA MAY INCREASE ITS PRESENCE IN EU MARKET

    Noyan Tapan
    Dec 19 2006

    YEREVAN, DECEMBER 19, NOYAN TAPAN. The Armenian-European Policy
    and Legal Advice Centre (AEPLAC) is making an analysis to determine
    the format of further entry of Armenian products into the European
    market. The ARPLAC Director Tigran Jrbashian stated this at the
    December 19 press conference. According to him, the Armenia-EU Action
    Plan outlines the conditions, in case of meeting which Armenia
    may increase its presence in the EU market, which is the largest
    one in terms of its purchasing power: the total population of EU
    countries is 450 million, the annual GDP per capita is 15 thousand
    dollars. Particularly, the matter concerns the Armenian food industry's
    production, whose quality and safety certification procedures have
    been brought into line with European standards, with appropriate
    laboratory conditions being created. It was mentioned that at the
    present time Armenis uses the privileges envisaged by the General
    System of Preferences, which allows exporters to save up to 4.5 mln
    euros in importing goods into EU countries. T. Jrbashian said that
    in the future Armenia-EU relations may develop under such formats as
    a free trade agreement, a customs union or "European economic areal".
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