Armenia’s membership in the Customs Union to promote Karabakh economy - MP
YEREVAN, June 3. /ARKA/. Armenia’s membership in the Customs Union will help promote the economy of Nagorno-Karabakh Republic (NKR) and attract new investors, member of Armenian parliament from the ruling Republican Party of Armenia, head of parliament commission on finance, credit and budget Gagik Minasyan told reporters on Tuesday.
Armenia and the NKR are one economic area and there cannot be any customs points in between, Minasyan said.
According to the MP, Armenia’s membership in the Customs Union opens up great opportunities to the NKR making it more accessible to the CU-member states. Abkhazia and South Ossetia have no customs borders with Russia either, he said.
Turnover will grow in Karabakh and more foreign investors will be attracted, Minasyan said adding this raised Azerbaijan’s concerns and led to Nazarbaev’s statement.
At the extended Supreme Eurasian Economic Council meeting in Astana on May 29, Armenia’s president said Yerevan intends to join the Eurasian Economic Union by mid June. Kazakhstan’s president Nursultan Nazarbaev, in his turn, said they had received a letter form Azerbaijan’s president saying Armenia should join the CU within its internationally recognized borders like it was in the case with the country’s accession to the WTO.
The final document of the meeting says nothing about borders, but specifies the date for Armenia’s accession, Minasyan said.
On May 29, Russia, Belarus and Kazakhstan signed the agreement about the Eurasian Economic Union to come into force on January 1, 2015. –0--