Armenia will not provide customs privileges to Turkey after it joins customs union

Armenia will not provide customs privileges to Turkey after it joins customs union

YEREVAN, February 18. / ARKA /. Armenia will not provide customs privileges to Turkey after it becomes a formal member of the Russia-led Customs Union and will not revise any of  its current agreements with neighboring Georgia and Iran, deputy economy minister Garegin Melkonyan said today.

He explained that Armenia and Turkey have no bilateral legal documents, which is the reason behind many trade-caused problems. In particular, neither side recognizes the other side’s invoices and certificates.

According to him, the Customs Union has a special trade regime with Turkey, and besides, Turkey enjoys also EU’s GSP’s benefits, which suggests slightly lower customs duties.

He said Armenia is not going to levy lower duties on Turkish imports, especially on consumer goods.  According to him, this question (that Armenia should levy full import duties on Turkish imports) is currently on the agenda of discussions with the Customs Union.

With regard to trade relations with other neighboring countries, particularly with Iran, Melkonyan said all the issues are resolved through bilateral agreements, and after Armenia's accession to the Customs Union they will not deteriorate because other Customs Union members also have reciprocal bilateral agreements with Tehran.

On Georgia, Melkonyan said that the two countries had signed a free trade agreement, which allows not to apply customs duties. -0-

16:11 18.02.2014

Comments (0)
 

« April 2014

Mon
Tue
Wed
Thu
Fri
Sat
Sun
 
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
 
 
 
 
Username:
Password:

Registration
If you are new on the site, please fill out the registration form.

Enter the website you can use your account on any of the following services.

×