Armenia aims for better trade, economic ties via Customs Union

        By joining the Customs Union Armenia intends to considerably expand trade and economic ties. The statement was made by Ambassador of Armenia to Belarus Armen Khachatryan at a recent press conference in Minsk. The diplomat remarked that Armenia’s declaration of intention to join the Customs Union had been determined by national interests. “Interests of Armenia have led to our decision to join the Customs Union and after that we are ready to take part in forming the Eurasian Economic Union”. According to Armen Khachatryan, the accession of Armenia to the integration association will open up many opportunities and will enhance the effectiveness of trade and economic ties with the countries of this organization. The Ambassador underlined that Armenia has long-standing economic relations with Belarus, Kazakhstan, and Russia and these relations will grow in the future.Talking about the advantages Armenia can get by joining the Customs Union, the Ambassador underlined that the free flow of commodities was at the forefront. The Ambassador stated that Armenia’s accession to the Customs Union does not mean the country will scrap cooperation with the European Union.