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Russia Still Considering To Include Armenia In Single Customs Union

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  • Russia Still Considering To Include Armenia In Single Customs Union

    RUSSIA STILL CONSIDERING TO INCLUDE ARMENIA IN SINGLE CUSTOMS UNION

    news.am
    Dec 6 2010
    Armenia

    Russia did not reject the idea to include Armenia in a single customs
    union. A single customs code has been functioning in the territory of
    Russia, Belarus and Kazakhstan since June 1, 2010 based on agreement
    signed in 2007. Works on creation of single customs zone are underway.

    Vice-President of trade-industrial chamber of Russia Georgiy
    Petrov spared no efforts to praise the newly created union at the
    Russian-Armenian business forum held in Yerevan. Despite Armenia
    received no direct invitation to join the union, Petrov implied
    Armenia's joining the union will be advantageous for the country.

    "Customs union with single customs tariffs and single customs code
    is not directed against anyone. This customs code is more liberal
    than the previous one functioning in Russia," he added.




    From: A. Papazian
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