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Armenia Should Enhance Customs Security For Joining Customs Union

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  • Armenia Should Enhance Customs Security For Joining Customs Union

    ARMENIA SHOULD ENHANCE CUSTOMS SECURITY FOR JOINING CUSTOMS UNION

    YEREVAN, September 5. /ARKA/. Comparison of customs tariffs in Armenia
    and Russia has laid ground for conclusion that Armenia should enhance
    customs security, Evgeny Vinokurov, the head of the Eurasian Bank's
    Center for Integration Studies, said today in an interview with ARKA
    News Agency.

    Armenian and Russian presidents, Serzh Sargsyan and Vladimir Putin,
    made a joint statement after they met in Moscow on Tuesday unveiling
    Armenia's decision to join the Customs Union and its intention to
    take part in formation of Eurasian Economic Union in the future.

    "An average import tariff in Armenia is among the lowest tariffs in
    WTO countries (MFN rate is 2.7%, and in Customs Union 7.6%)" he said.

    "Besides, Armenia doesn't use tariff quota, and 73 tariff lines are
    not subject to state duties, and almost all the remaining lines are
    subject to a ten-percent duty."

    He said that in many areas the Custom Union's regime is even more
    liberal than that specified in Armenia's commitments toward WTO.

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    - See more at:
    http://arka.am/en/news/economy/armenia_should_enhance_customs_security_for_joinin g_customs_union_/#sthash.CYHYyNdy.dpuf


    From: Baghdasarian
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