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  • EU: "We Look Forward To Understanding Better From Armenia What Their

    EU: "WE LOOK FORWARD TO UNDERSTANDING BETTER FROM ARMENIA WHAT THEIR INTENTIONS ARE"

    by Alexandr Avanesov

    ARMINFO
    Thursday, September 5, 11:50

    "In July this year, after three and a half years, we finalised the
    negotiations of the Association Agreement (including a Deep and
    Comprehensive Free Trade Area) with Armenia. This agreement would
    allow Armenia with the EU?s support, to drive forward a programme
    of comprehensive modernisation and reform based upon shared values,
    political association and economic integration," says the European
    Commissionm in a statement disseminated on September 4.

    Further in the statement: "We take note of Armenia's apparent wish
    to join the Customs Union. We look forward to understanding better
    from Armenia what their intentions are and how they wish to ensure
    compatibility between these and the commitments undertaken through
    the Association Agreement and DCFTA. Once this consultation has been
    completed, we will draw our conclusions on the way forward. We want
    to underline once again that AA/DCFTA is a blueprint for reforms
    beneficial for all and not a zero-sum game and could be compatible
    with economic cooperation with the members of the Commonwealth of
    Independent States."

    Armenia was expected to sign an Association Agreement with EU at the
    upcoming Eastern Partnership Summit in Vilnius. However, on September
    3 in Moscow, Armenian President Serzh Sargsyan confirmed Armenia's
    intention to join the Customs Union and the process of the formation
    of the Eurasian Union. Vladimir Putin supported Sargsyan's decision
    and promised to contribute to Yerevan's accession to the Customs
    Union in every possible way.

    The Customs Union has been created within the Eurasian economic space
    for trade and economic integration of Belarus, Kazakhstan and Russia
    on the initiative of Russian President Vladimir Putin.

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