Tuesday, June 27 2017 17:52
Alina Hovhannisyan

Since 2018 Armenia will join European system REX (Registered Exporter System)

Since 2018 Armenia will join European system REX (Registered Exporter  System)

ArmInfo. Starting from January  1, 2018, Armenia will join the European REX (Registered Exporter  System) system, which will provide Armenian enterprises with  additional opportunities to export to the EU countries on  preferential terms. This was on his Facebook page written by the  Prime Minister of Armenia Karen Karapetyan.

"As a result, exporting food, alcoholic drinks, fish products,  textiles and mining and metallurgical production under the brand  "Made in Armenia" from Armenia to Europe excludes the need to provide  a certificate of the producer country," Karapetyan said, stressing  that in 2016 Year from Armenia to the EU exports products worth 342  million EUR, of which 128 million EUR under the preferential regime  of GSP +.

The Registered Exporter system (the REX system) is the system of  certification of origin of goods that applies in the Generalised  System of Preference (GSP) of the European Union since 1 January  2017.

According to the National Statistical Service of Armenia, in  January-April 2017, the volume of exported products from Armenia to  the markets of the EU countries amounted to $ 182.6 million, with an  annual growth of 21.5%.