Putin says Armenia should join Eurasian economic union as soon as possible

Putin says Armenia should join Eurasian economic union as soon as possible

YEREVAN, May 29. / ARKA /. Russian President Vladimir Putin has urged the full consideration of Armenia’s bid to enter the Eurasian Economic Union (EAU), saying the deal should be signed in the near future, RIA-Novosti reported.

“This document needs to be endorsed and signed as soon as possible,” Putin said on the heels of a Supreme Eurasian Economic Council meeting in Astana, Kazakhstan.

Putin stressed that Armenia is aiming to seal the deal in June. “We hope Armenia will be able to become a full member of the union soon after its launch,” he added.

Armenian President Serzh Sargsyan earlier said his country was likely to sign the treaty before June 15.
The agreement to establish the Eurasian Economic Union was signed earlier on Thursday by leaders of Russia, Kazakhstan and Belarus. It is to come into force on January 1, 2015.

Signatories commit to guarantee the free movement of goods, services, capital and labor, as well as the implementation of coordinated policies in key sectors, including energy, industry, agriculture and transport.

In late April, the presidents of Russia, Belarus and Kazakhstan ordered the preparation of a draft agreement on Armenia’s membership in the Customs Union and the Common Economic Space by June 1. 

Putin said  the leaders of Russia, Kazakhstan and Belarus discussed also the prospects of cooperation with other foreign partners, including Kyrgyzstan, which has good chances to join the bloc.

"We have agreed to intensify negotiations with Vietnam on a free trade area, to strengthen cooperation with China, including the exchange of customs information on goods and services, as well as to form expert groups to develop preferential trade regimes with Israel and India", - Putin said. -0 -

15:39 29.05.2014

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