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RA Government Approves Offer On Signing FTA Within CIS

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  • RA Government Approves Offer On Signing FTA Within CIS

    RA GOVERNMENT APPROVES OFFER ON SIGNING FTA WITHIN CIS

    PanARMENIAN.Net
    May 12, 2011 - 12:38 AMT

    During the May 12 sitting, the Armenian government approved the offer
    on signing a Free Trade Agreement within the CIS.

    Armenian Minister of Economy Tigran Davtyan told journalists after
    the sitting that currently bilateral agreements on free trade are in
    force within the CIS.

    "This is a serious action for expanding multilateral ties within the
    CIS to promote trade and boost economic cooperation," Davtyan said,
    adding this is the path taken by the EU for integration.

    According to him, as a result of negotiations the parties managed to
    reach a common agreement, in which the free trade regime is agreed,
    while the multilateral agreement will include the content of all
    bilateral agreements. "We expect the agreement to be approved by all
    the CIS member states," noted Davtyan.

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