Russian government commission backs bill on Armenia’s accession to EEU
18.11.2014,
13:50
The Russian government commission on lawmaking approved the bill about ratification of the agreement on Armenia’s accession to the Eurasian Economic Union (EEU), the cabinet website reported on Tuesday.
YEREVAN, November 18. /ARKA/. The Russian government commission on lawmaking approved the bill about ratification of the agreement on Armenia’s accession to the Eurasian Economic Union (EEU), the cabinet website reported on Tuesday.
The bill was proposed by the foreign ministry and the ministry of economic development and is expected to be considered at a government sitting.
The entry of the treaty into force will ensure Armenia’s involvement in the EEU as from January 2, 2015, and will allow reducing list of exceptions and limitations to mutual access to member-countries’ markets, says the report cited by Novosti-Armenia referring to RIA Novosti.
Hence, the foundation is laid for further development of trade and economic ties, for improving competitiveness of local producers and strengthening EEU member-countries’ positions on global markets, according to the report.
Russia, Belarus and Kazakhstan have already ratified the EEU treaty. Armenia signed the document about joining the EEU in Minsk on October 10. –0--
The bill was proposed by the foreign ministry and the ministry of economic development and is expected to be considered at a government sitting.
The entry of the treaty into force will ensure Armenia’s involvement in the EEU as from January 2, 2015, and will allow reducing list of exceptions and limitations to mutual access to member-countries’ markets, says the report cited by Novosti-Armenia referring to RIA Novosti.
Hence, the foundation is laid for further development of trade and economic ties, for improving competitiveness of local producers and strengthening EEU member-countries’ positions on global markets, according to the report.
Russia, Belarus and Kazakhstan have already ratified the EEU treaty. Armenia signed the document about joining the EEU in Minsk on October 10. –0--