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EUROPEAN UNION ADOPTS DECISION ON LAUNCH OF NEGOTIATIONS OVER CREATION OF DEEP AND COMPREHENSIVE FREE TRADE AREA WITH ARMENIA
ARMENPRESS
FEBRUARY 20, 2012
YEREVAN
YEREVAN, FEBRUARY 20, ARMENPRESS: All the preconditions defined for
launch of negotiations over creation of European Union-Armenia deep
and comprehensive free trade area (DCFTA) have been fulfilled.
European Union has adopted a unanimous decision on launch of
negotiations for creation of deep and comprehensive free trade area
with Armenia, press service of Economy Ministry of Armenia told
Armenpress.
The affirmative decision of the European Commission on launch of the
negotiations is a response to Armenia's steps implemented during the
past year in the direction of preparation for the talks. For the launch
of the negotiations the European Commission had set preconditions
for legislative changes and improvement of relevant structures in a
number of spheres concerning foreign trade.
During 2011 Armenia registered vital and tangible progress in the
aforementioned spheres in the line of fulfillment of obligations and
priorities. EU structures took into consideration the implemented
work to adopt a decision on the launch for negotiations.
By creation of deep and comprehensive free trade area Armenia will
have an opportunity to diversify and orientate its export capacity
and enter into the European big market with more favorable conditions.
At the moment Armenia makes use of Generalised System of Preferences
(GSP+) granted by the European Union.
ARMENPRESS
FEBRUARY 20, 2012
YEREVAN
YEREVAN, FEBRUARY 20, ARMENPRESS: All the preconditions defined for
launch of negotiations over creation of European Union-Armenia deep
and comprehensive free trade area (DCFTA) have been fulfilled.
European Union has adopted a unanimous decision on launch of
negotiations for creation of deep and comprehensive free trade area
with Armenia, press service of Economy Ministry of Armenia told
Armenpress.
The affirmative decision of the European Commission on launch of the
negotiations is a response to Armenia's steps implemented during the
past year in the direction of preparation for the talks. For the launch
of the negotiations the European Commission had set preconditions
for legislative changes and improvement of relevant structures in a
number of spheres concerning foreign trade.
During 2011 Armenia registered vital and tangible progress in the
aforementioned spheres in the line of fulfillment of obligations and
priorities. EU structures took into consideration the implemented
work to adopt a decision on the launch for negotiations.
By creation of deep and comprehensive free trade area Armenia will
have an opportunity to diversify and orientate its export capacity
and enter into the European big market with more favorable conditions.
At the moment Armenia makes use of Generalised System of Preferences
(GSP+) granted by the European Union.