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Armenia is now in the Eurasian Economic Union

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  • Armenia is now in the Eurasian Economic Union

    Scoop.co.nz (press release), New Zealand
    Jan 1 2015

    Armenia is now in the Eurasian Economic Union

    Thursday, 1 January 2015, 12:39 pm
    Press Release: The Eurasian Economic Commission - EEC

    December 31, 2014
    EEC Press Office
    PRESS RELEASE

    Armenia is now in the Eurasian Economic Union

    January 2, the Treaty on Armenia's accession to the Eurasian Economic
    Union (EEU) is coming into force. Armenia became the fourth
    full-fledged Member-State of the Eurasian Economic Union together with
    Belarus, Kazakhstan and Russia.

    By this Treaty Armenia has made a part of the Treaty on the Eurasian
    Economic Union, signed by the Presidents of the EEU Member-States -
    Alexander Lukashenko, Nursultan Nazarbayev and Vladimir Putin on May
    29, 2014 in Astana, as well as other international treaties forming
    the EEU legal framework. From now on, Armenia undertakes corresponding
    obligations, and therewith gets access to the EEU single market with
    170 million citizens.

    By joining the Eurasian Economic Union, the state gets fully involved
    into implementation of the Eurasian project aimed, on the one hand, at
    forming of four freedoms: free movement of goods, services, capital
    and labour force. On the other hand, - at creation of one of the key
    economic centers of evolving architecture of the multipolar world.

    The fourth partner expects a number of positive effects form
    integration. Among the key ones there are an increase of goods
    turnover due to elimination of barriers and minimization of
    administrative expenses, increase of mobility of labour force due to
    introduction to the single labour market, increase of stability of
    economic development due to reduction of economic isolation effect,
    development of infrastructure projects, participation in drawing up of
    the agenda using the mechanisms of the Eurasian Economic Union.

    The Treaty on accession provides for full involvement of Armenia's
    representatives into the activities of the EEU governance. Upon entry
    of the Treaty into force the President of Armenia becomes a
    full-fledged Member of the Supreme Eurasian Economic Council, and the
    Prime Minister becomes a Member of Intergovernmental Council; the
    full-fledged representative joins the Eurasian Economic Commission.
    Armenia will be represented by three Board Members in the Board of the
    Eurasian Economic Commission, as wells as other EEU Member-States.

    For reference:

    April 10, 2013 the Chairman of the EEC Board Viktor Khristenko and the
    Prime Minister of the Republic of Armenia Tigran Sarkisyan signed the
    Memorandum on cooperation between the Eurasian Economic Commission and
    the Government of the Republic of Armenia. The document laid the basis
    for cooperation between the Parties by providing consultations,
    conducting conferences and seminars, preparing of analytical reviews
    on issues of mutual interest, conducting meetings of the Eurasian
    Economic Commission management with the Armenian Party. At the same
    time, over a period of several years, the Republic of Armenia has been
    engaged in an active dialogue with the European Union within the
    frameworks of the "Eastern Partnership" program, aimed at conclusion
    of the European Union Association Agreement.

    September 3, 2013 the Republic of Armenia issued a declaration of
    intent to join the Customs Union (CU) and Single Economic Space (SES).
    October 24, 2013, during the panel session of the Supreme Eurasian
    Economic Council in Minsk the Presidents of the Republic of Belarus,
    the Republic of Kazakhstan and the Russian Federation considered the
    application of the Republic of Armenia and instructed the Eurasian
    Economic Commission to initiate the procedure on accession.

    The Working Group created based on Decision of the Supreme Eurasian
    Economic Council "On accession of the Republic of Armenia to the
    Customs Union and Single Economic Space of the Republic of Belarus,
    the Republic of Kazakhstan and the Russian Federation" dated October
    24, 2013 No. 49 with participation of the representatives of Belarus,
    Kazakhstan, Russia, Armenia and the Eurasian Economic Commission,
    chaired by the Member of the Board - Minister in charge of the
    Development of Integration and Macroeconomics of the Eurasian Economic
    Commission Tatiana Valovaya developed the relevant "road map".

    November 6, 2013, in Erevan the Chairman of the Board of the Eurasian
    Economic Commission Viktor Khristenko and the Prime Minister of the
    Republic of Armenia Tigran Sarkisyan signed a Memorandum on
    strengthened cooperation between the Eurasian Economic Commission and
    the Republic of Armenia, the project thereof was preliminary approved
    by Decision of the Supreme Eurasian Economic Council at the highest
    level on October 24, 2013 No. 49. In accordance with the Memorandum
    the Republic of Armenia shall have the right to participate in the
    sessions of the Supreme Eurasian Economic Council, the Council and the
    Board of the Eurasian Economic Commission, as well as the right to
    appoint a representative of the Republic of Armenia to the Eurasian
    Economic Commission. The Memorandum also provides for the possibility
    to establish information exchange between the Parties. This Memorandum
    was prepared and adopted in furtherance of the Memorandum on
    cooperation between the Eurasian Economic Commission and the
    Government of the Republic of Armenia dated April 10, 2013.

    December 24, 2013 in Minsk the Presidents of the Member-States of the
    Customs Union and Single Economic Space approved the "road map" for
    accession of the Republic of Armenia to the Eurasian integration
    association. The Heads of the Member-States of the Customs Union and
    Armenia accepted the Application "On participation of the Republic of
    Armenia in the Eurasian integration process", that welcomed the
    intention of the Republic of Armenia to join the Customs Union and
    Single Economic Space.

    All the measures that had to be taken prior to the accession have been
    taken. In the course of cooperation Armenia demonstrated a laudable
    interest and activity. In accordance with the "road map", the Republic
    of Armenia had to take 126 measures out of 267 "prior to accession".
    All of them have been taken. Certain provisions relating to the
    implementation of these items are included in the Treaty on Accession.
    Within the frameworks of the accession procedure the experts of the
    Eurasian Economic Commission made more than 40 visits to the Republic
    of Armenia.

    In general, the implementation of the "road map" for the Republic of
    Armenia is the harmonization of national legislation with the
    contractual and legal framework of the Eurasian Economic

    Note to editors

    The Eurasian Economic Commission (EEC) - a supranational governing
    body of the Customs Union of Belarus, Kazakhstan and Russia (CU) and
    the Single Economic Space (SES) of the Eurasian Economic Community.
    The main task of the EEC is to ensure conditions for the CU and SES
    operation and development as well as to elaborate economic integration
    initiatives within the framework of the CU and SES. The EEC is based
    on the Agreement on and of 18 November 2011. The United
    Nations Economic Commission for Europe (UNECE) is one of the five
    regional commissions of the United Nations. It brings together 56
    countries in Europe, North-America, and Commonwealth of Independent
    States (CIS) and North America. Its main aim is to promote
    pan-European economic integration and cooperation in environment,
    forests, housing and land management, statistics, energy, trade and
    transport.

    http://www.scoop.co.nz/stories/WO1501/S00001/armenia-is-now-in-the-eurasian-economic-union.htm




    From: A. Papazian
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