Russia's Federation Council today ratified the Treaty of Accession of Armenia to the Eurasian Economic Union (EEU).
Russia's Federation Council today ratified the Treaty of Accession of Armenia to the Eurasian Economic Union (EEU).
Armenia joins the Treaty on the EEU, as well as other international documents concluded in the framework of the Customs Union and stated in the contract. It is envisaged that the tariff commitments of the country, as a member of the WTO, will be revised and the Common Customs Tariff (CCT) of the EEU will be adjusted, RIA Novosti reports.
The Treaty provides for transitional periods from one year to eight years to align various tariffs from UCT Armenian import duties. From 12 to 60 months - for the application of technical regulations of the Customs Union, 3 years - for the protection and enforcement of intellectual property.
