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Armenia’s membership to the Eurasian Union is the best possible access to the market for about 180 million people, chairman of Armenia-Israel chamber of commerce Attorney Тsvi Kan-Tor said in an interview with ILTV.

“Armenia is the most stable country in this region both financially and politically,” said Psvi Kan-Tor, urging Israeli investors to turn their focus to Armenia.

Speaking about the reasons to focus on Armenia right now, the attorney said the Eurasian Union market exists for only two years.

“Armenia has introduced free trade zone where each operating company benefits from no VAT.  There is a good combination of these three things: full services on the ground, free tax zone, easy access to customs union,” he said.

The industrial park, that is being built next to the airport, makes it easier for Israeli companies to export goods to Armenia and the Eurasian Union. Besides, Armenia there is a high percentage of young people who speak English and Russian, so it is a very good opportunity, he added.

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