Armenia turns to new improved GSP+ regime stage

Armenia turns to new improved GSP+ regime stage

YEREVAN, January 31. /ARKA/. Armenia has turned to a new stage of improved GSP+ regime with EU countries, Armenia’s deputy minister of economy Garegin Melkonyan told reporters Thursday.

As from January 1, 2014, unilateral GSP+ trade regime is used for Armenia, which means over 6,000 products made in Armenia will be exported to EU countries at a zero or reduced customs duty, the deputy minister said.

The improved and more flexible regime is an achievement for the country as, apart from Armenia, it is granted only to nine countries – Georgia, Pakistan, Bolivia, Ecuador, Mongolia, Paraguay, Peru, Cape-Verde and Costa Rica, Melkonyan said.

The deputy minister also said GSP+ is provided for three years to a limited number of countries based on compliance with several criteria and requirements. –0--

11:55 31.01.2014

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