ArmInfo. Next year we will have a new, more simplified regime for the movement of goods with the member states of the Eurasian Economic Union, including through the Upper Lars checkpoint. Minister of Economy of Armenia Tigran Khachatryan stated this in the Armenian parliament.
He noted that it is planned to begin work on free trade agreements with Iran and Egypt in 2021. In the case of Egypt, it is planned to bring the agreement to the level of signing. "In addition, an agreement on a free trade zone between the Eurasian Economic Union and Singapore will enter into force, as well as agreements on trade, services and investment between Armenia and Singapore. In accordance with them, Singapore agreed not to impose customs duties on goods from the Eurasian Economic Union," - said Khachatryan.
The minister said that next year the free trade agreement between Serbia and the member states of the Eurasian Economic Union will also enter into force. This will create more favorable trade conditions for Armenia with Serbia. "We have agreed on the most advantageous regime for us, especially on the export of products for which the Armenian economy is most competitive, for example, alcoholic beverages and tobacco products," Khachatryan concluded.
