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Armenia Vows To Boost Cooperation With Eurasec, But Abstains From Be

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  • Armenia Vows To Boost Cooperation With Eurasec, But Abstains From Be

    ARMENIA VOWS TO BOOST COOPERATION WITH EURASEC, BUT ABSTAINS FROM BECOMING MEMBER

    ARKA
    June 15, 2009

    YEREVAN, June 15. /ARKA/. Armenia is interested in boosting
    multilateral cooperation with EurAsEc, RA Prime Minister Tigran
    Sargsyan said.

    "With bilateral cooperation developing dynamically, we can establish
    new institutes and enroll in them, as well cerate new instruments as
    part of EurAsEC, without being its full-fledged member," the premier
    said, summing up the Moscow meeting of the EurAsEC Intergovernmental
    Council.

    He pointed out the Customs Union issue, stressing its importance
    for Armenia.

    Russian, Kazakh and Belarus prime ministers made a joint statement
    on their intention to join WTO as a single customs area. The customs
    union is to launch activities on January 1, 2010 when the three states
    will implement a uniform customs tariff. On July 1, 2010, a uniform
    customs code will enter into force. All integration procedures are
    to be completed by mid-2011.

    According to the Armenian premier, Armenia's partners are to pass
    a considerable path, as they have made a political statement on
    continuing talks with WTO as a union.

    He did not rule out revision of customs tariffs as part of EurAsEC and,
    if the countries join WTO, the obstacles will be removed.

    EurAsEC is an international economic organization aimed at drawing
    up common customs borders in between the member states (Belarus,
    Kazakhstan, Kyrgyzst an, Russia and Tajikistan). The organization's
    mission is to work out a uniform foreign trade policy, common tariffs
    and prices. Moldova, Ukraine and Armenia have monitored EurAsEC in
    the past years.
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