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Economist: Despite signing the "road map" on Armenia's joining the
Customs Union, we still have questions about privileges or
shortcomings of the Customs Union
by Alexandr Avanesov
Wednesday, December 25, 14:20
Despite signing the "road map" on Armenia's joining the Customs Union,
we still have questions about privileges or shortcomings of the
Customs Union, chairman of Employers Union of Armenia, Gagik Makaryan,
said at today's press-conference.
It is not clear yet if the decision of the Armenian authorities
contains more positive or negative elements. The technical side of the
issue is not clear either, in particular, possible dividends when
implementing the "roadmap" especially in the context of the
export-import operations. Will Armenia gain from using of the new
customs taxes or not? Especially if we take into consideration the
fact that at the Russian market there are practically no industrial
goods produced in Armenia. So, the share of the alcohol production in
the general volume of the trade and economic cooperation between
Armenia and Russia amounted to $136 million, the share of rough
diamonds - $24 mln, of fresh fish $13, of fresh fruits and vegetables
- $12 mln, of grape - $9,5 mln, etc. In fact, all this is agriculture
production but not industrial. "Against such background, it is not
clear what global issues Armenia is going to resolve at the level of
the Customs Union", - the economist asked.
Yesterday Presidents of Belarus, Kazakhstan, Russia and Armenia signed
a statement on Armenia's accession to the Customs Union and the Common
Economic Space. Given the need for further mutually beneficial
development of the Customs Union and the Common Economic Space and
supporting Armenia's intention to become a full member of the Customs
Union, the Presidents of the four countries approved the action plan
(roadmap).
To recall, on Sept 3 2013 Armenian President Serzh Sargsyan confirmed
Armenia's intention to join the Customs Union and participate in
formation of the Eurasian Economic Union. Before that Yerevan had been
actively negotiating on the Association Agreement/ Deep and
Comprehensive Free Trade Area with the European Union. Armenia was
expected to initial the AA/ DCFTA during the Eastern Partnership
Summit in November 2013, but it failed to.
http://www.arminfo.am/index.cfm?objectid=954A0CC0-6D56-11E3-88640EB7C0D21663
Customs Union, we still have questions about privileges or
shortcomings of the Customs Union
by Alexandr Avanesov
Wednesday, December 25, 14:20
Despite signing the "road map" on Armenia's joining the Customs Union,
we still have questions about privileges or shortcomings of the
Customs Union, chairman of Employers Union of Armenia, Gagik Makaryan,
said at today's press-conference.
It is not clear yet if the decision of the Armenian authorities
contains more positive or negative elements. The technical side of the
issue is not clear either, in particular, possible dividends when
implementing the "roadmap" especially in the context of the
export-import operations. Will Armenia gain from using of the new
customs taxes or not? Especially if we take into consideration the
fact that at the Russian market there are practically no industrial
goods produced in Armenia. So, the share of the alcohol production in
the general volume of the trade and economic cooperation between
Armenia and Russia amounted to $136 million, the share of rough
diamonds - $24 mln, of fresh fish $13, of fresh fruits and vegetables
- $12 mln, of grape - $9,5 mln, etc. In fact, all this is agriculture
production but not industrial. "Against such background, it is not
clear what global issues Armenia is going to resolve at the level of
the Customs Union", - the economist asked.
Yesterday Presidents of Belarus, Kazakhstan, Russia and Armenia signed
a statement on Armenia's accession to the Customs Union and the Common
Economic Space. Given the need for further mutually beneficial
development of the Customs Union and the Common Economic Space and
supporting Armenia's intention to become a full member of the Customs
Union, the Presidents of the four countries approved the action plan
(roadmap).
To recall, on Sept 3 2013 Armenian President Serzh Sargsyan confirmed
Armenia's intention to join the Customs Union and participate in
formation of the Eurasian Economic Union. Before that Yerevan had been
actively negotiating on the Association Agreement/ Deep and
Comprehensive Free Trade Area with the European Union. Armenia was
expected to initial the AA/ DCFTA during the Eastern Partnership
Summit in November 2013, but it failed to.
http://www.arminfo.am/index.cfm?objectid=954A0CC0-6D56-11E3-88640EB7C0D21663