ARMENIA MAY ESTABLISH A FREE TRADE REGIME WITH THE EU

ArmRadio.am
16.01.2007 11:35

It’s not ruled out that during German Presidency the Eastern
European states enrolled in the European Neighbourhood Policy (ENP)
including Armenia will be proposed to sign a free trade agreement. RA
Deputy Foreign Minister Armen Baybourtyan noted in an interview with
Armenpress correspondent that some of ENP countries have been proposed
a commercial-economic package called Generalised System of Preferences
(GSP+). It envisages a large list of goods, which can be exported
from these countries to the EU on privileged conditions. The Deputy
Foreign Minister clarified that the regime envisaged by the free
trade agreement can secure much greater progress in the expansion of
commercial-economic exchange and elimination of tariff and non-tariff
barriers. He noted that for its part Armenia aspires to establish
free trade regime with the European Union. Besides, the negotiations
on granting a market economy status to Armenia are underway.