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DEEP FREE TRADE AREA AGREEMENT COMPATIBLE WITH CIS ECONOMIC COOPERATION: EU
YEREVAN, September 5. /ARKA/. The Deep and Comprehensive Free
Trade Area (DCFTA) agreements may be compatible with the economic
cooperation within the Commonwealth of Independent States (CIS), says
a European Commission statement posted on the EU official website,
Novosti-Armenia reported.
"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", the statement reads.
The document says after three and a half years the negotiations
with Armenia on the Association Agreement (including a Deep and
Comprehensive Free Trade Area) were finalized "This agreement would
allow Armenia with the EU´s support, to drive forward a program of
comprehensive modernization and reform based upon shared values,
political association and economic integration", reads the European
Commission's statement.
Tuesday, after the negotiations between Armenia's and Russia's
presidents, a statement was made saying Armenia intends to enter
the Customs Union and participate later in formation of the Eurasian
Economic Union.
Monday the head of Armenian president's administration Vigen
Sargsyan said in his interview to Radio Liberty Yerevan's decision
to access the customs union does not mean a suspension of political
dialogue with the European Union. He also said initialing of the
association agreement with EU at Eastern partnership summit in
Vilnius is still on Armenia's political agenda.-0-- - See more at:
http://arka.am/en/news/politics/deep_free_trade_area_agreement_compatible_with_cis _economic_cooperation_eu/#sthash.ZfCkP0JU.dpuf
From: Emil Lazarian | Ararat NewsPress
YEREVAN, September 5. /ARKA/. The Deep and Comprehensive Free
Trade Area (DCFTA) agreements may be compatible with the economic
cooperation within the Commonwealth of Independent States (CIS), says
a European Commission statement posted on the EU official website,
Novosti-Armenia reported.
"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", the statement reads.
The document says after three and a half years the negotiations
with Armenia on the Association Agreement (including a Deep and
Comprehensive Free Trade Area) were finalized "This agreement would
allow Armenia with the EU´s support, to drive forward a program of
comprehensive modernization and reform based upon shared values,
political association and economic integration", reads the European
Commission's statement.
Tuesday, after the negotiations between Armenia's and Russia's
presidents, a statement was made saying Armenia intends to enter
the Customs Union and participate later in formation of the Eurasian
Economic Union.
Monday the head of Armenian president's administration Vigen
Sargsyan said in his interview to Radio Liberty Yerevan's decision
to access the customs union does not mean a suspension of political
dialogue with the European Union. He also said initialing of the
association agreement with EU at Eastern partnership summit in
Vilnius is still on Armenia's political agenda.-0-- - See more at:
http://arka.am/en/news/politics/deep_free_trade_area_agreement_compatible_with_cis _economic_cooperation_eu/#sthash.ZfCkP0JU.dpuf
From: Emil Lazarian | Ararat NewsPress