Armenia Should Enhance Customs Security For Joining Customs Union

ARMENIA SHOULD ENHANCE CUSTOMS SECURITY FOR JOINING CUSTOMS UNION

YEREVAN, September 5. /ARKA/. Comparison of customs tariffs in Armenia
and Russia has laid ground for conclusion that Armenia should enhance
customs security, Evgeny Vinokurov, the head of the Eurasian Bank’s
Center for Integration Studies, said today in an interview with ARKA
News Agency.

Armenian and Russian presidents, Serzh Sargsyan and Vladimir Putin,
made a joint statement after they met in Moscow on Tuesday unveiling
Armenia’s decision to join the Customs Union and its intention to
take part in formation of Eurasian Economic Union in the future.

“An average import tariff in Armenia is among the lowest tariffs in
WTO countries (MFN rate is 2.7%, and in Customs Union 7.6%)” he said.

“Besides, Armenia doesn’t use tariff quota, and 73 tariff lines are
not subject to state duties, and almost all the remaining lines are
subject to a ten-percent duty.”

He said that in many areas the Custom Union’s regime is even more
liberal than that specified in Armenia’s commitments toward WTO.

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From: Baghdasarian

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