Armenia’s Accession To Customs Union Would Be A Success If It Secure

ARMENIA’S ACCESSION TO CUSTOMS UNION WOULD BE A SUCCESS IF IT SECURED A 9-9.5 % ECONOMIC GROWTH, POLISH AMBASSADOR

YEREVAN, October 10. / ARKA /. Armenia’s membership in the Russia-led
Customs Union would be a success if it secured a 9-9.5 % annual
economic growth, Poland’s ambassador to Armenia, Zdzislaw Raczynski,
told a news conference today.

He reminded that last year Armenia’s GDP saw a 7% growth. ‘Armenia’s
membership in the Customs union would be effective if it enables an
additional 2-2.5 % economic expansion,’ he said.

The diplomat presented the calculations of Polish experts, which say
Armenia would have earned $150 million additionally if it had signed
the association agreement with the European Union.

Armenian president Serzh Sargsyan announced September 3 after talks
with Russia’s Putin in Moscow that his country would join the Customs
Union. Before that Armenia was expected to initial an association
agreement with the European Union in late November. .-0-

17:42 10.10.2013

http://arka.am/en/news/economy/armenia_s_accession_to_customs_union_would_be_a_success_if_it_secured_a_9_9_5_economic_growth_polish/