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Karel De Gucht: Opening Of Free Trade Negotiations Mark Turning Poin

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  • Karel De Gucht: Opening Of Free Trade Negotiations Mark Turning Poin

    KAREL DE GUCHT: OPENING OF FREE TRADE NEGOTIATIONS MARK TURNING POINT IN OUR TRADE RELATIONS WITH ARMENIA

    Panorama.am
    20/02/2012

    The EU decided to launch negotiations on a deep and comprehensive
    free trade area with Armenia in order to boost economic growth and
    investment with this Eastern European Partner, according to the
    European Commission press release.

    The negotiations will not only tackle market access conditions but
    also focus on regulatory approximation, which will help to achieve
    a closer economic integration of Armenia with the EU, the European
    Commission said.

    "The opening of free trade negotiations mark a turning point in our
    trade relations with Armenia. We are entering a new phase that will
    bring our economic ties to a new level of depth and ambition," said
    EU Trade Commissioner Karel De Gucht. "The EU is Armenia's first
    trading partner and a deep and comprehensive free trade area will
    give Armenia a more favorable access to the European Single Market
    thereby helping to boost economic growth in the country."

    "This is a further sign of the strengthening of our political and
    economic ties. Launching DCFTA negotiations is one more step towards
    closer economic integration which is one of the cornerstones of our
    relations with countries of Eastern Partnership," said Commissioner
    for Enlargement and European Neighbourhood Policy tefan Fule.


    From: Baghdasarian
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