Absence of common border with EEU will not hamper Armenia’s integration into single Eurasian economic space, Serzh Sargsyan
10.10.2014,
19:33
Armenia does not share common border with any of the Eurasian Economic Union’s member state, but this will not hamper its integration into the single Eurasian space, Armenia President Serzh Sargsyan said at a meeting of the Supreme Eurasian Economic Council in Minsk, Belarus.
YEREVAN, October 10. / ARKA /. Armenia does not share common border with any of the Eurasian Economic Union’s member state, but this will not hamper its integration into the single Eurasian space, Armenia President Serzh Sargsyan said at a meeting of the Supreme Eurasian Economic Council in Minsk, Belarus.
Today Armenia has joined the Eurasian Economic Union. The agreement was signed by the heads of Russia, Belarus, Kazakhstan and Armenia in Minsk, Belarus. The agreement comes into force in 2015.
“The membership of Armenia has its own specificity which is the absence of common borders with the rest of the Eurasian Economic Union. However, we believe that this would not hamper the integration of Armenia into the single system of regulation, transportation, energy, telecommunications and finance in our common economic area,” he said.
"We are well aware of the special responsibilities that we assume by joining the treaty," said the Armenian leader.
Serzh Sargsyan congratulated the states that have founded the EEU with reaching the new frontier. He noted that the EEU is the largest economic association geographically.
Serzh Sargsyan said also Armenia is considering the Eurasian Economic Union as a ‘basic format of predictable and most profitable relations for its members, based on the principles of freedom of movement of goods, services, capital and labor.
He also stressed that for Armenia it is obvious that "together we are stronger economically, and it is easier for us to respond to global challenges." -0-
