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EU official hails Armenia's preparation for talks on free trade area

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  • EU official hails Armenia's preparation for talks on free trade area

    Mediamax, Armenia
    Dec 23 2011

    EU official hails Armenia's preparation for talks on free trade area


    Yerevan, 23 December: EU Chief Negotiator Gunnar Wiegand said in his
    exclusive interview to Mediamax that "Armenia has indeed made very
    good progress in the preparations for negotiations of a Deep and
    Comprehensive Free Trade Area (DCFTA) with the EU on the basis of the
    key recommendations made by European Commission".

    "Many of the requirements needed for the start of the negotiations
    have already been addressed," said Gunnar Wiegand.

    According to him, despite this very positive overall picture, some
    specific further progress still remains to be achieved, notably in the
    areas of Technical Barriers to Trade and the protection of
    Intellectual Property Right, where the national legislative framework
    should be reformed in line with the EU law.

    "According to the Decree of Armenian Prime Minister of 10 August these
    remaining requirements would be met by the end of this year. In the
    light of this commitment, I look forward to confirmation from our
    experts whether the last requirements have indeed been met," said
    Gunnar Wiegand in an exclusive interview to Mediamax.

    "Let me also take the opportunity to underline that the launch of
    negotiations is only one step on the road to concluding DCFTA. For the
    full benefits of new trade opportunities to be exploited, Armenia
    should fully implement the reforms," concluded Gunnar Wiegand.

    On 16 December, answering Mediamax's question Armenian Minister of
    Economy Tigran Davtyan expressed the hope that the negotiations on
    establishing a Free Trade Area with the EU will start in the first
    half of 2012. "We have realized large-scale work and I think if we
    keep working like this we may finish the negotiations, which mainly
    last 5 years, within 2-3 years," stated Tigran Davtyan.

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