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Customs Union Not Necessary For Armenia - PM

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  • Customs Union Not Necessary For Armenia - PM

    CUSTOMS UNION NOT NECESSARY FOR ARMENIA - PM

    news.am
    April 04, 2012 | 12:21

    YEREVAN. - The Customs Union is meaningless for Armenia, PM Tigran
    Sargsyan said responding to the question whether Armenia is ready to
    become a full member of EurAzEC and join the customs union or even
    the common economic space.

    "Armenia is interested in deepening and strengthening relations with
    EurAzEC. The state is the most active member of the CIS and offers
    efforts for EurAzEC development, despite it is just an observer,"
    Sargsyan said in an interview with Kommersant newspaper.

    "The aim of the Customs Union is to carry out goods' exchange without
    customs control. In case of Armenia, we have to cross the territory
    of our neighboring state [Georgia] twice and pass customs clearance
    twice. And it is economically inefficient. In this case taxes and
    customs duties would have increase," Sargsyan concluded.

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