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Central Asian News Services
December 18, 2014 Thursday
One more step forward for Armenia's joining Eurasian Economic Union
ishkek (AKIpress) - Russia's Federation Council, the upper house of
the parliament, has ratified a treaty for Armenia's accession to the
Eurasian Economic Union on Wednesday.
The treaty is a basic document determining agreements between Russia,
Belarus and Kazakhstan on the terms of Armenia's joining the Eurasian
Economic Union seeking to lay a legal basis for functioning of the
common Union, reports TASS.
The accord plans Armenia to become a full-fledged member of the
Eurasian Economic Union from the moment the treaty takes effect, so,
after all ratification procedures are complete in the union members,
but no earlier than on January 1, 2015. In particular, during the
transitional period Armenia as a member of the World Trade
Organisation (WTO) should revise its tariff liabilities under the WTO
rules.
Russia, Belarus and Kazakhstan have signed a treaty founding the
Eurasian Economic Union in Kazakhstan's capital Astana on May 29, 2014
which will take effect on January 1, 2015.
On October 10, Armenia inked the deal and Kyrgyzstan plans to become
its next signatory nation.
Parliaments of Belarus and Kazakhstan should ratify the treaty on
Armenia's entry in the Eurasian Economic Union by January 1, 2015.
December 18, 2014 Thursday
One more step forward for Armenia's joining Eurasian Economic Union
ishkek (AKIpress) - Russia's Federation Council, the upper house of
the parliament, has ratified a treaty for Armenia's accession to the
Eurasian Economic Union on Wednesday.
The treaty is a basic document determining agreements between Russia,
Belarus and Kazakhstan on the terms of Armenia's joining the Eurasian
Economic Union seeking to lay a legal basis for functioning of the
common Union, reports TASS.
The accord plans Armenia to become a full-fledged member of the
Eurasian Economic Union from the moment the treaty takes effect, so,
after all ratification procedures are complete in the union members,
but no earlier than on January 1, 2015. In particular, during the
transitional period Armenia as a member of the World Trade
Organisation (WTO) should revise its tariff liabilities under the WTO
rules.
Russia, Belarus and Kazakhstan have signed a treaty founding the
Eurasian Economic Union in Kazakhstan's capital Astana on May 29, 2014
which will take effect on January 1, 2015.
On October 10, Armenia inked the deal and Kyrgyzstan plans to become
its next signatory nation.
Parliaments of Belarus and Kazakhstan should ratify the treaty on
Armenia's entry in the Eurasian Economic Union by January 1, 2015.