Armenia plans to sign agreement on accession to common economic space next month, lawmaker says

Armenia plans to sign agreement on accession to common economic space next month, lawmaker says

YEREVAN, May 7. / ARKA /. Armenia plans to sign an agreement on accession to the Common Economic Space (CES) next month, Artak Zakaryan, chairman of an Armenian parliament committee on foreign relations said today.

Speaking at a news conference, Zakaryan explained that the Common Economic Space is based on the Customs Union that includes so far Russia, Belarus and Kazakhstan. He said a summit of the heads of the Russian-led Customs Union members in Belarus in late April confirmed Armenia’s upcoming membership in the economic union.

Zakaryan stressed that the Common Economic Space is a purely economic union. He said Armenia’s accession is prompted by energy, food, communication, military and political safety considerations.

"However, if a situation arises running counter to the interests of Armenia, our country may reconsider its accession, although we do not see such a possibility now,” said Zakaryan.

Armenia’s president Serzh Sargsyan announced the decision to make the country a member of the Customs Union on September 3 following the talks with Putin in Moscow.  

Armenia’s Customs Union accession roadmap was unveiled in December last year.  The document lays out 262 steps that must be taken for accession.  

Viktor Khristenko, the head of the union’s executive body, said after the Belarus summit that the presidents of Russia, Belarus and Kazakhstan instructed the Eurasian Economic Commission, the executive body of the Customs Union,  to submit a draft accession treaty with Yerevan to them by June 1.

Russian Itar-Tass news agency quoted Khristenko as saying that that Russian, Belarusian and Kazakh presidents will hold another summit in Kazakhstan’s capital Astana on May 29 where they are likely to sign an agreement to transform the Customs Union trade bloc into the Eurasian Economic Union. -0-
  

17:09 07.05.2014

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