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Armenian PM: Free Trade Zone Creates Exceptional Opportunities

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  • Armenian PM: Free Trade Zone Creates Exceptional Opportunities

    ARMENIAN PM: FREE TRADE ZONE CREATES EXCEPTIONAL OPPORTUNITIES

    Vestnik Kavkaza
    Oct 26 2011

    Armenia's accession to the CIS Free Trade Zone will not impede
    Armenia's efforts in the field of European integration, Prime Minister
    Tigran Sargsyan told the National Assembly of Armenia. The agreement
    on the FTA was signed on October 18 in St. Petersburg by 8 out of
    11 CIS countries (except Uzbekistan, Turkmenistan and Azerbaijan),
    News.am reports.

    Negotiations on the agreement began in 1992. The agreement was
    concluded in 1993 - 94 but, in the absence of ratification by Russia,
    it did not enter into force. Two years ago the talks were resumed at
    the initiative of the Russian side.

    Sargsyan added the agreement will in no way impede the development
    of deep and comprehensive free trade between Armenia and the EU.

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