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ARMENIA'S ACCESSION TO EEU REQUIRES TALKS WITH WTO ON COMPENSATION - SHUVALOV
Interfax, Russia
June 23 2014
Armenia's accession to the Eurasian Economic Union (EEU) requires
negotiations with the World Trade Organization (WTO) on compensation
for WTO partner-countries, Russian First Deputy Prime Minister Igor
Shuvalov told journalists after Eurasian Economic Commission (EEC)
session in Sochi on Monday.
"If Armenia successfully joins our format, signs an agreement and
ratifies it, then Armenia will need to begin talks with the WTO on
compensation," he said.
Shuvalov said that Armenia would have to join the single customs
tariff that is in effect on the territories of Russia, Belarus and
Kazakhstan. "This will differ from Armenia's commitments that it
adopted within the framework of the WTO. Given that the situation
for Armenia's partners is changing, Armenia will need to follow WTO
procedure and begin talks with its partners," the first deputy prime
minister said.
Before the end of this week, major issues on Armenia's accession
to the EEU must be considered. As expected, an agreement should be
prepared for signing by July 1. "Today we discussed concrete issues
that need to be hammered out," Shuvalov said.
Talks with the WTO will concern compensations by Armenia related to the
fact that for several goods customs duty rates, agreed on when Armenia
joined the WTO, are lower than the single customs tariff that is to
be applied by members of the current Customs Union and the future EEU.
Cm pr of
Interfax, Russia
June 23 2014
Armenia's accession to the Eurasian Economic Union (EEU) requires
negotiations with the World Trade Organization (WTO) on compensation
for WTO partner-countries, Russian First Deputy Prime Minister Igor
Shuvalov told journalists after Eurasian Economic Commission (EEC)
session in Sochi on Monday.
"If Armenia successfully joins our format, signs an agreement and
ratifies it, then Armenia will need to begin talks with the WTO on
compensation," he said.
Shuvalov said that Armenia would have to join the single customs
tariff that is in effect on the territories of Russia, Belarus and
Kazakhstan. "This will differ from Armenia's commitments that it
adopted within the framework of the WTO. Given that the situation
for Armenia's partners is changing, Armenia will need to follow WTO
procedure and begin talks with its partners," the first deputy prime
minister said.
Before the end of this week, major issues on Armenia's accession
to the EEU must be considered. As expected, an agreement should be
prepared for signing by July 1. "Today we discussed concrete issues
that need to be hammered out," Shuvalov said.
Talks with the WTO will concern compensations by Armenia related to the
fact that for several goods customs duty rates, agreed on when Armenia
joined the WTO, are lower than the single customs tariff that is to
be applied by members of the current Customs Union and the future EEU.
Cm pr of