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According To N. Yeritsian, Process Of EU's Recognizing Armenia As Ma

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  • According To N. Yeritsian, Process Of EU's Recognizing Armenia As Ma

    ACCORDING TO N. YERITSIAN, PROCESS OF EU'S RECOGNIZING ARMENIA AS MARKET ECONOMY IN FINAL PHASE

    Noyan Tapan
    Jan 24, 2008

    YEREVAN, JANUARY 24, NOYAN TAPAN. China and India are among Asian
    countries with a free trade regime established between them. "Our
    purpose is to join the agreement on free trade between these
    countries through negotiations," the RA minister of trade and economic
    development Nerses Yeritsian said at the January 23 press conference.

    In his words, some steps have already been taken for fulfilment of this
    goal. "Just as the matter concerns an agreement on free trade with
    the European Union, we can achieve the same with this Asian group,"
    the minister explained.

    It is noteworthy that a feasibility study is now being conducted by
    an independent international organization with the aim of examining
    the opportunity of signing an agreement on free trade between Armenia
    and the EU. A group of independent experts came to Armenia for this
    purpose.

    The process of the EU's recongnizing Armenia as a market economy is
    currently in the final phase. All the EU requirements to countries
    with the status of market economy have been met and the necessary
    documents have been submitted to the EU. In 2007, work was done for
    Armenia's being granted GSP+ trade regime by the EU. It will allow
    to import all Armenian goods, except weapons, to EU member states at
    a zero or reduced customs duty. This work will continue in 2008.

    From: Emil Lazarian | Ararat NewsPress
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