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Russian Companies Can Enter EU Market From Armenia On Privileged Reg

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  • Russian Companies Can Enter EU Market From Armenia On Privileged Reg

    RUSSIAN COMPANIES CAN ENTER EU MARKET FROM ARMENIA ON PRIVILEGED REGIME

    11:29, 2 April, 2015

    YEREVAN, APRIL 2, ARMENPRESS. Russian "IT Summit 2015" has kicked
    off in Armenia's capital Yerevan. The representatives of about 100
    prominent Russian companies take part in the event. The Vice Prime
    Minister of the Republic of Armenia, Minister of International Economic
    Integration and Reforms of the Republic of Armenia Vache Gabrielyan
    made remarks at the opening of "IT Summit 2015".

    As reports "Armenpress", the Deputy Prime Minister of the Republic of
    Armenia Vache Gabrielyan assured that Armenia is extremely interested
    in the Russian companies' activities here, particularly representing
    the IT sector.

    Among other things, Vache Gabrielyan underscored: "I am hopeful that
    Armenia's accession to the Eurasian Economic Union will become an
    impetus for that. We have such cases, when the Russian capital flow
    to Armenia is increased due to the country's attractiveness. For
    instance, we can mention particularly "Rusal Armenal" company, which
    is a offshoot organization of "Rusal" company."

    "The aforesaid company operates in Armenia for a long time and
    currently exports its products to Europe on a much better conditions,
    than its Russian counterpart. As we have GPS+ privileged regime with
    the EU, while Russia lacks it at the present moment," Armenia's Vice
    Prime Minister concluded.

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