YEREVAN, October 3. /ARKA/. Membership in the Customs Union and the Eurasian Union would be beneficial to Armenia, Russian Deputy Economy Minister Georgy Kalamanov told journalists in Yerevan on Thursday.
“It is always very beneficial to have free trade elements… There are free trade areas, free trade regimes, and there are historically established trade relations that are beneficial for a state in any case,” he said.
Kalamanov also denied allegations that Armenia will lost its sovereignty if joins the Customs Union and that the union is nothing more than reincarnation of the Soviet Union.
In his words, only economic issues are discussed in the Customs Union, and each of three participant countries has three ministers in the Eurasian Economic Commission, and these ministers have equal rights.
“This is even not supranational institution, but this is an institution monitor the implementation of agreements signed within this common economic space,” he added.
In early September, Armenian President Serzh Sargsyan and his Russian counterpart, Vladimir Putin, made a joint statement, according to which Armenia has decided to join the Customs Union and to take part in formation of the Eurasian Union in the future.
The announcement came as Armenia was poised to sign the Association Agreement with the European Union aimed at making European Union’s ties with Ukraine, Armenia, Moldova and Georgia closer. .---0----