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ARMENIA SPEEDS UP INTEGRATION IN CUSTOMS UNION
Vestnik Kavkaza, Russia
March 3 2014
3 March 2014 - 2:33pm
Armenian Deputy Foreign Minister Shavarsh Kocharyan said that the
road map to join the Customs Union will be accomplished by mid-April.
Deputy Minister for Economy Karine Minasyan noted that such a pace
of integration was a result of six years of reforms.
Armenian President Serzh Sargsyan said at the Yerkrap Union of
Volunteers that society and investors had no reasons for worries and
should expect progress. He reminded that exports had grown by 7.2%
in 2013, most of it generated by trade with the Customs Union. He
assures that joining it would make their opportunities boundless. It
would open a market with a population of 200 million for a country
with a population of 3 million.
Vladimir Lepekhin, Director of the EurAsEC Institute, said that about
50% of food was imported, mostly from the EU, Ukraine and Belarus. He
believes that food from Armenia has a good chance to find its place
in the Russian market and optimize prices. Instability in Ukraine
gives even more opportunities.
Oleg Noginsky, Chairman of the board of Suppliers of the Customs
Union, calls Armenia competitive, in terms of food and alcohol
products. Prices for Armenian goods are 2.5-3 times lower than average
in Russia, except the Krasnodar Territory. The expert noted that the
question was whether Armenia had enough products to fill the market.
He reminded that neither Belarus, nor Russia (except Kuban) grow
enough fruits and vegetables. Noginsky added that Armenian food
products were better quality than Turkish.
http://vestnikkavkaza.net/news/politics/52076.html
Vestnik Kavkaza, Russia
March 3 2014
3 March 2014 - 2:33pm
Armenian Deputy Foreign Minister Shavarsh Kocharyan said that the
road map to join the Customs Union will be accomplished by mid-April.
Deputy Minister for Economy Karine Minasyan noted that such a pace
of integration was a result of six years of reforms.
Armenian President Serzh Sargsyan said at the Yerkrap Union of
Volunteers that society and investors had no reasons for worries and
should expect progress. He reminded that exports had grown by 7.2%
in 2013, most of it generated by trade with the Customs Union. He
assures that joining it would make their opportunities boundless. It
would open a market with a population of 200 million for a country
with a population of 3 million.
Vladimir Lepekhin, Director of the EurAsEC Institute, said that about
50% of food was imported, mostly from the EU, Ukraine and Belarus. He
believes that food from Armenia has a good chance to find its place
in the Russian market and optimize prices. Instability in Ukraine
gives even more opportunities.
Oleg Noginsky, Chairman of the board of Suppliers of the Customs
Union, calls Armenia competitive, in terms of food and alcohol
products. Prices for Armenian goods are 2.5-3 times lower than average
in Russia, except the Krasnodar Territory. The expert noted that the
question was whether Armenia had enough products to fill the market.
He reminded that neither Belarus, nor Russia (except Kuban) grow
enough fruits and vegetables. Noginsky added that Armenian food
products were better quality than Turkish.
http://vestnikkavkaza.net/news/politics/52076.html