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All States Joining Customs Union To Some Extent Lose Their Sovereign

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  • All States Joining Customs Union To Some Extent Lose Their Sovereign

    ALL STATES JOINING CUSTOMS UNION TO SOME EXTENT LOSE THEIR SOVEREIGN RIGHTS - DEPUTY FM

    September 19, 2013 | 13:05

    YEREVAN. - By joining the Customs Union, any state is transferring a
    part of its sovereignty to the executive body of that union, Armenian
    Deputy FM said.

    This refers both to Armenia, Ukraine, Kazakhstan, Belarus or any EU
    member state. However, sovereignty is transferred only "in terms of
    customs policy", Shavarsh Kocharyan said during media conference on
    Thursday. In other respects, the state preserves its sovereign rights,
    he added.

    "In general, customs unions are formed for more effective development
    of the economy," he added.

    http://news.am/eng/news/172007.html




    From: A. Papazian
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