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Armenia's Accession To Customs Union Will Boost Investment Climate -

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  • Armenia's Accession To Customs Union Will Boost Investment Climate -

    ARMENIA'S ACCESSION TO CUSTOMS UNION WILL BOOST INVESTMENT CLIMATE - PUTIN

    Interfax, Russia
    Dec 3 2013

    GYUMRI (Armenia). Dec 3

    Russian President Vladimir Putin intends to promote Armenia's effective
    accession to the Customs Union.

    In his speech given at the third Russian-Armenian interregional
    forum in Gyumri on Monday, Putin said Armenia's intention to join the
    integration structures of Russia, Belarus, and Kazakhstan provides
    broad opportunities for cooperation.

    He reiterated that Eurasian integration is "a sovereign choice of the
    people of Armenia." "Naturally, Russia will do everything to support
    this area of cooperation with Armenia," Putin said.

    "We see Armenia as a full-fledged integration participant," Putin
    said, recalling that this approach was approved by the Troika at the
    meeting of the Supreme Economic Council in Minsk in October.

    "Practical preparations have begun for the republic's accession to
    the Customs Union in line with the agreements achieved them. We are
    conducting consultations with the Eurasian Economic Commission and we
    plan to approve a large package of legal, administrative, and other
    issues," Putin said.

    "We, on our part, will continue helping our Armenian friends to ensure
    that the accession is as effective as possible," Putin said.

    Putin said he is convinced that Armenia's accession to the Eurasian
    integration project will seriously strengthen its economic potential,
    will boost the investment climate, and will help establish direct
    business contacts, including on the regional level.

    av mk


    From: Baghdasarian
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