Armenia to ratify Free Trade Area agreement in fall![]() July 24, 2012 - 18:22 AMT PanARMENIAN.Net - This fall Armenia will ratify the Free Trade Area agreement in the framework of CIS, Armenian and Russian parliament speakers said. “I was pleased to learn that Armenian authorities have already developed documents on Free Trade Area agreement, with the latter to be ratified at RA National Assembly’s fall session,” State Duma speaker Sergey Naryshkin said. “We hope Armenia will become the third country to ratify the document after Russia and Belarus,” the official said. The prime ministers of the Commonwealth of Independent States (CIS) member states signed a free trade agreement on October 18, 2011. The agreement eliminates export and import duties on a host of goods. It also contains a number of exemptions that will ultimately be phased out. The agreement was signed by all the CIS states except Azerbaijan, Uzbekistan and Turkmenistan. Partner news Prior to the vote, RPA parliamentary group leader Galust Sahakyan announced the party’s decision to vote against the bill. Shavarsh Kocharyan: Baku’s statements on unacceptability of a status quo in Karabakh conflict aim to prevent alteration of the status. At the meeting, the parties focused on the prospects of bilateral relations, and cooperation in the framework of international organizations. Dwelling on the hike in gas prices, Iskandaryan said the change also affected other countries importing Russian gas. Partner news |