EU Council approves two-year trade liberalization initiative with Armenia
5 Articles
5 Articles
The EU supports Yerevan and sends a clear signal in response to the economic pressure of the Russian Federation.
EU Council approves two-year trade liberalization initiative with Armenia
The EU Council has approved an initiative to liberalize trade with Armenia for two years.According to the decision, the European Union will temporarily suspend import duties on some Armenian goods. The measures will affect about 80% of the country's...
Provisional trade measures will be in effect for two years after the entry into force of the regulations
EU Council Backs Temporary Trade Measures To Support Armenia
The Council of the European Union on Wednesday agreed to introduce temporary trade-liberalization measures for Armenian products to support Armenia’s economy following trade restrictions recently imposed by Russia.
The EU Council has agreed provisional measures for the liberalization of trade with Armenia, as reported on the European Council website, and it is expected that about 80 per cent of Armenian goods supplied to the European Union will be exempted from import duties, the measure will be in effect for a period of two years and that the European Parliament is expected to approve the initiative in September. 99% of Armenian fresh vegetables, fruits a…
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