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ECONOMIST: FREE TRADE ZONE AGREEMENT TO EXPAND SALE MARKET FOR ARMENIAN MANUFACTURERS
/ARKA/
October 21, 2011
YEREVAN
YEREVAN, October 21. /ARKA/. The free trade zone agreement signed
Tuesday at a CIS prime-ministerial meeting in St. Petersburg will
expand sale market for Armenian manufacturers, Tatul Manaseryan, head
of Alternative analysis center, said Friday during the Yerevan-Moscow-
Kiev- Chisinau-Astana video bridge focused on free trade zones.
All the CIS countries but Azerbaijan, Uzbekistan and Turkmenistan
signed this agreement, but the mentioned countries can join it before
the end of this year.
The document lays ground for trade and economic relations among CIS
countries and replaces bilateral and multilateral agreements.
~SFirst of all, the market that restricted Armenian manufacturers for
two decades will expand and favorable environment will be created for
ousting monopolies for healthy competition,~T he said. ~SThat is why
we hail the free trade zone.~T
He said that this decision came just in time ~V it will lay groundwork
for further transition to other type of economic integration.
He also singled out participation of five post-soviet countries in
World Trade Organization among the document~Rs advantages ~V it will
contribute a great deal to adoption of standards, which will be used
also in the free trade zone.
Speaking about possible threats to the new zone, Manaseryan pointed out
the necessity to consider international experience, particularly the
fact that the North American Free Trade Zone was created two decades
ago, but its members are not able to transit to the next type of
economic integration ~V to customs union. It mans they have problems.
Manaseryan also pointed out the necessity to take into account other
factors, such as existence of other regional structures, particularly
Black Sea Economic Cooperation, GUAM and EU Eastern Partnership
programs.
/ARKA/
October 21, 2011
YEREVAN
YEREVAN, October 21. /ARKA/. The free trade zone agreement signed
Tuesday at a CIS prime-ministerial meeting in St. Petersburg will
expand sale market for Armenian manufacturers, Tatul Manaseryan, head
of Alternative analysis center, said Friday during the Yerevan-Moscow-
Kiev- Chisinau-Astana video bridge focused on free trade zones.
All the CIS countries but Azerbaijan, Uzbekistan and Turkmenistan
signed this agreement, but the mentioned countries can join it before
the end of this year.
The document lays ground for trade and economic relations among CIS
countries and replaces bilateral and multilateral agreements.
~SFirst of all, the market that restricted Armenian manufacturers for
two decades will expand and favorable environment will be created for
ousting monopolies for healthy competition,~T he said. ~SThat is why
we hail the free trade zone.~T
He said that this decision came just in time ~V it will lay groundwork
for further transition to other type of economic integration.
He also singled out participation of five post-soviet countries in
World Trade Organization among the document~Rs advantages ~V it will
contribute a great deal to adoption of standards, which will be used
also in the free trade zone.
Speaking about possible threats to the new zone, Manaseryan pointed out
the necessity to consider international experience, particularly the
fact that the North American Free Trade Zone was created two decades
ago, but its members are not able to transit to the next type of
economic integration ~V to customs union. It mans they have problems.
Manaseryan also pointed out the necessity to take into account other
factors, such as existence of other regional structures, particularly
Black Sea Economic Cooperation, GUAM and EU Eastern Partnership
programs.