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Minister: Armenia Not To Face Confrontation With WTO As It Joins Cus

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  • Minister: Armenia Not To Face Confrontation With WTO As It Joins Cus

    MINISTER: ARMENIA NOT TO FACE CONFRONTATION WITH WTO AS IT JOINS CUSTOMS UNION

    February 05, 2014 | 19:27

    YEREVAN. - Armenia should not expect confrontation with WTO with
    accepting custom duties of the Customs Union, Economy Minister Vahram
    Avanesyan told reporters.

    If Armenia increases import duties in case of joining Customs Union,
    we will simply have to enter talks with WTO on certain provisions.

    The main mechanism is an idea of adequate compensation, he explained.

    "Romania joined the EU customs territory being a WTO member. The EU
    rates were much higher. So, EU started negotiations with other WTO
    members on Romania. The same thing will happen with Armenia in the
    Customs Union," the Minister said.

    News from Armenia - NEWS.am


    From: Baghdasarian
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