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Accession To Customs Union Time-Consuming Process - Russian Official

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  • Accession To Customs Union Time-Consuming Process - Russian Official

    ACCESSION TO CUSTOMS UNION TIME-CONSUMING PROCESS - RUSSIAN OFFICIAL

    15:43 03.10.13

    A Russian official in charge of the Collective Security Treaty
    Organization's (CSTO) Interstate Commission said Thursday that he is
    not definately aware of the possible timeframes of Armenia's accession
    to the Eurasian Customs Union.

    "Accession is a process that takes time. I don't know how long the
    activities will last, but there are all the chances to realize
    the process at rapid paces," a deputy minister of industry and
    trade, Georgy Kalamanov, told Tert.am at a briefing held after the
    Commission's 11th meeting in Yerevan.

    The Russian official said that membership in the Customs Union offers
    member states a serious opportunity in terms of developing economic
    potentials.

    Asked whether membership in the CU will necessitate discussions
    on a common currency, Kalamanov said he is not yet ready to answer
    that question.

    As for the ongoing speculations that the Union may, one way or another,
    impose restrictions on its member states as a supranational body,
    the deputy minister explained that the CU is first of all an economic
    area focusing on economic issues rather than state sovereignty.

    Asked whether the organization may turn into a new USSR, the Russian
    official ruled out such a possibility.

    http://www.tert.am/en/news/2013/10/03/georgi-karlamanov/



    From: Emil Lazarian | Ararat NewsPress
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