Armenia a step away from Customs Union

Read on the website Vestnik Kavkaza

Armenian President Serzh Sargsyan said that Armenia had done a lot of work to realize the road map for Customs Union membership in the past 9 months and harmonized its law with the Union’s rules. In his words, the country is in the final stage of joining the Eurasian project, RIA Novosti reports.Sargsyan expects the Customs Union to help boost the country’s economy, investments and exports. Businessmen and foreign investors will be offered state support.Experts say that the Customs Union will benefit Armenian labour migrants working in Russia. They will be given the same rights as migrants from Belarus and Kazakhstan after ratification of the Customs Union Treaty. Armenian migrants may start enjoying the new rules before Armenia officially joins the Union.According to official sources, Armenia will have joined the Customs Union and the Eurasian Economic Union by January 1, 2015.

Armenian President Serzh Sargsyan said that Armenia had done a lot of work to realize the road map for Customs Union membership in the past 9 months and harmonized its law with the Union’s rules. In his words, the country is in the final stage of joining the Eurasian project, RIA Novosti reports.

Sargsyan expects the Customs Union to help boost the country’s economy, investments and exports. Businessmen and foreign investors will be offered state support.

Experts say that the Customs Union will benefit Armenian labour migrants working in Russia. They will be given the same rights as migrants from Belarus and Kazakhstan after ratification of the Customs Union Treaty. Armenian migrants may start enjoying the new rules before Armenia officially joins the Union.

According to official sources, Armenia will have joined the Customs Union and the Eurasian Economic Union by January 1, 2015.