The European Union Is Lifting Tariffs in Response to Russia's Move.
11 Articles
11 Articles
On Saturday, EU tariffs on 80 percent of goods imported from Armenia will be lifted. The bloc aims to support the Armenian economy, which is struggling under restrictions imposed by Russia.
As of October 10, the EU will provide Armenia with "trade preferences" for the sale of agricultural and alcohol products, which will be limited to quotas and "market protection measures" of the association, as reported by the European Commission (EC) today...
The EU will provide Armenia with temporary trade preferences to support local producers and exporters, and announced on Friday to the European Commission's press service. "These measures, which will enter into force tomorrow (10 October - IF) for two years, provide for the temporary liberalization of almost 80 per cent of Armenian exports to the EU.
Measures to remain in force for 2 years and liberalize 80% of Armenian exports to EU
From October 10, and for the next two years, Armenia will have easier access to the EU market for its agricultural and alcohol products, but with a number of reservations and limits, as announced by the European Commission.
The European Union (EU) will suspend tariffs on imports from Russia for two years, starting tomorrow, in an effort to support the Armenian economy, which has been affected by trade restrictions imposed by Russia.
Coverage Details
Bias Distribution
- 75% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
