Putin says it is time to start drawing up agreement on Armenia’s accession to Eurasian economic union

Putin says it is time to start drawing up agreement on Armenia’s accession to Eurasian economic union

YEREVAN, March 5. / ARKA /. Russian President Vladimir Putin said today it is time to start drawing up an agreement on Armenia's accession to the Eurasian Economic Union, which should be formed in 2015. Russia, Belarus and Kazakhstan are ready to launch preparations for a treaty on Armenia’s accession to the Eurasian Economic Union, he said.

"The Armenian side has adopted and is successfully implementing the measures needed to adapt its economy to the norms and standards of the Customs Union and the Common Economic Space. Therefore, we consider it possible to launch preparations for a treaty on Armenia’s accession to the future Eurasian Economic Union," Putin said, opening a top-level meeting of the Higher Eurasian Economic Council on Wednesday.

Armenia’s decision to join the Russia-led trade bloc was announced by its president Serzh Sargsyan on September 3 after talks with Putin in Moscow. The 250-page “roadmap” for Armenia’s accession was agreed by the presidents of the union’s three member states as well as Armenia at a summit in Moscow last December. It lists 262 administrative and legislative actions concerning 20 areas of government policy.

Armenia’s readiness to start working on the agreement was confirmed by Eurasian Economic Commission (EEC) head Viktor Khristenko. He said Customs Union representatives visited Armenia to see its pace of progress which was quite encouraging. 0-

19:06 05.03.2014

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