YEREVAN. - The membership to the EU requires from Armenia to effectively develop business and not look for geopolitical controversies.

Armenia’s Acting Minister of Economy Artsvik Minasyan said the aforementioned in the parliament on Thursday.  

In his words, the accession to the EAEU in no way cancels the opportunities for profitable trade with the EU. The republic remains the beneficiary of the GSP+ preferential regime, according to which 6300 items of goods can be exported to the EU by zero customs duties and 350 items by significantly reduced duties.

“Mr Poghosyan isn’t listening to me. Listening no longer seems to be beneficial for him, whereas I’m already speaking about the European Union,” Minasyan said, turning to MP Tevan Poghosyan, who is against the Eurasian integration. “Armenia has similar GSP regimes with Switzerland, Canada, Japan and Norway. Another question is to what extent the Armenian entrepreneurs take advantage of all this,” the Acting Minister said.