Armenia is a full EaEU member

Today Armenia officially joins the Eurasian Economic Union. The agreement on the country’s accession to the Union of Russia, Belarus and Kazakhstan was signed in October 2014.

Armenia becomes a full member of the EaEU on January 2nd, but in executive bodies of the EaEU it will be presented not fully by the expiration of their duties. Armenia will be presented in the Eurasian Economic Commission by three members who have one vote and have no functions in certain spheres, TASS reports.

As for distributed customs duties from imports of goods to the EaEU territory, Armenia’s share will be 1.13%. The share of Belarus reduced from 4.7% to 4.65%, Kazakhstan’s share – from 7.3% to 7.25%; Russia’s share reduces from 88% to 86.97%.

In the sphere of services Armenia joins agreements of the EaEU members on the usual terms; in the sphere of commodity trade a steady shift (by 2022) to the united customs tariff of the EaEU is planned.