EEU membership to provide powerful stimulus to economic development in Armenia – Russian ambassador
10.02.2015,
11:08
EEU membership will provide a powerful stimulus to Armenia’s economic growth, Russian ambassador to Armenia Ivan Volinkin said in his interview to Russia 24 TV channel on Monday.
YEREVAN, February 10. /ARKA/. EEU membership will provide a powerful stimulus to Armenia’s economic growth, Russian ambassador to Armenia Ivan Volinkin said in his interview to Russia 24 TV channel on Monday.
No customs borders will ease access to a huge market for the Armenian goods, he said. Increased production will, in turn, help create new jobs, reduce prices, improve competitiveness and increase commodities turnover, he added.
Volinkin said food imports of EEU-member states total $43 billion today, and Armenia’s chances of taking a substantial niche in this market are high.
According to the ambassador, some positive changes can be seen already today. In particular, Armenia’s rural exports to Russia have grown considerably, he said.
The Russian ambassador referred to the Armenian parliament’s evaluation of EEU membership prospects and the benefits from accession to 170-millioin market of the union.
The only financial obligation will be the annual fee of $1.5-2 million, according to Volinkin. But instead, a lot will be saved due to zero export duty and low energy prices, he said.
The ambassador also reminded of the strategic allied partnership and the trust-based dialogue.
Volinkin said they highly appreciate also the cooperation on the international scene where the two countries have mainly similar positions.
Passenger traffic between the countries keeps growing, and every day twelve flights are carried out from Zvartnots airport to Moscow only, Volinkin said. –0--
