YEREVAN. – The limit for the Armenian citizens’ free imports to Armenia may be reviewed within the framework of the Customs Union (CU).

Deputy Minister of Economy Garegin Melkonyan noted the abovementioned during Tuesday’s press conference at the Government.

“The matter is very important for our citizens, and talks are under way on this issue,” Melkonyan added.

Individuals may import goods to Armenia, and without signing a customs declaration, if the value of these goods does not exceed AMD 150,000 (approx. $365); this limit is €200 in Russia.

Following the talks that were held on September 3, 2013 in Moscow between Armenian and Russian Presidents Serzh Sargsyan and Vladimir Putin, Sargsyan had announced that Armenia plans to join the Customs Union and subsequently engage in the formation of the Eurasian Economic Union. In December 2013, the “road map” for Armenia’s accession to the Customs Union was adopted. And in January of this year, the Government of Armenia approved the action plan for the implementation of this “road map.” Aside from Russia, Belarus and Kazakhstan likewise are members in the Customs Union.