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March 28
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YEREVAN. – Armenian Deputy Minister of Economy Garegin Melkonyan hopes that Armenia’s planned accession to the Russian-led Customs Union (CU) will not adversely affect the country’s GSP+ (Generalised Scheme of Preferences) preferential trade with the European Union (EU).   

Melkonyan stated the aforesaid at the first training of the EU Club in Armenia, and stressed that accession to the CU is a deeper level of cooperation.  

“As for cooperation with the EU, we must look to the future. I am confident that relations between the EU and Armenia are not aimed solely at improving relations. It is important for Armenia to carry out necessary reforms, and not only bilateral agendas,” the deputy minister stated.

Garegin Melkonyan also confessed that Armenia’s decision to join the CU does not refer to foreign trade alone.

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.

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