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ARMENIA MUST NOT LOSE THIRD COUNTRIES' MARKETS AFTER CU ACCESSION - ECONOMIST
February 19, 2014 | 11:19
YEREVAN. - It is very important for Armenia not to lose the markets of
the third countries following its accession to the Customs Union (CU).
Gagik Makaryan, Chairman of the Republican Union of Employers of
Armenia, told the aforesaid to Armenian News-NEWS.am.
According to Makaryan, an attention should be paid to several staple
goods.
Accordingly, the customs duty percentage rate of cereals fluctuates
between 3 and 13.3 percent in the CU, whereas this is 0 percent in
Armenia. But if Armenia imports wheat from Russia, it will import
corn from Ukraine, and rice from Southeast Asia.
"It is natural that the geographical scope of imports will be
maintained. It turns out that it is important in this case that we
protect our interests," Makaryan stressed.
>From the non-consumer goods, the economist reflected on the petroleum
products, since along with the increase in the customs duty, inflation
will be unavoidable.
News from Armenia - NEWS.am
From: Baghdasarian
February 19, 2014 | 11:19
YEREVAN. - It is very important for Armenia not to lose the markets of
the third countries following its accession to the Customs Union (CU).
Gagik Makaryan, Chairman of the Republican Union of Employers of
Armenia, told the aforesaid to Armenian News-NEWS.am.
According to Makaryan, an attention should be paid to several staple
goods.
Accordingly, the customs duty percentage rate of cereals fluctuates
between 3 and 13.3 percent in the CU, whereas this is 0 percent in
Armenia. But if Armenia imports wheat from Russia, it will import
corn from Ukraine, and rice from Southeast Asia.
"It is natural that the geographical scope of imports will be
maintained. It turns out that it is important in this case that we
protect our interests," Makaryan stressed.
>From the non-consumer goods, the economist reflected on the petroleum
products, since along with the increase in the customs duty, inflation
will be unavoidable.
News from Armenia - NEWS.am
From: Baghdasarian