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Armenia And Georgia Will Work On Retaining The Current Trade Regime

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  • Armenia And Georgia Will Work On Retaining The Current Trade Regime

    ARMENIA AND GEORGIA WILL WORK ON RETAINING THE CURRENT TRADE REGIME

    December 24, 2014 17:58

    Yerevan/Mediamax/. Armenia and Georgia will work on retaining the
    current trade regime.

    Armenian Minister of Economy Karen Chshmarityan and his Georgian
    counterpart Giorgi Kvirikashvili stated it at the briefing today after
    the session of the Armenian-Georgian task groups on trade-economic
    cooperation.

    Giorgi Kvirikashvili lauded the dynamics of trade turnover between
    Armenia and Georgia.

    According to him, Georgia will spare no effort to combine its Deep and
    Comprehensive Free Trade Area with the EU with Armenia's membership
    in the Eurasian Economic Union.

    "We have enough time to study all technical issues and do our best for
    our countries to persist with active trade and economic ties. Armenia
    is one of Georgia's most important trade partners and we will try
    our best to deepen these ties", said the Georgian Minister of Economy.

    Giorgi Kvirikashvili believes the upcoming years will be a transition
    phase until the parties come to terms on new trade regimes "attempting
    to keep up with current customs tariffs".

    According to Karen Chshmarityan, the retention of current regime of
    cargo transit is beneficial for both parties.

    - See more at:
    http://www.mediamax.am/en/news/region/12718/#sthash.gxUjd3JE.dpuf

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