Armenia, EU to hold 5 rounds of free trade deal talks in 2013

Armenia, EU to hold 5 rounds of free trade deal talks in 2013

PanARMENIAN.Net - The markets of EU and CIS, providing about 85% of trade in Armnia, will become available for local manufacturers in the years to come, Economy Minister said.

As Tigran Davtyan reminded in this context, in 2012, Armenia held 3 rounds of free trade agreement negotiations with the Eum with 5 more expected in 2013.

The resolution on the lauch of EU-Armenia negotiations on deep and comprehensive free trade area agreement was adoptd on February 29, 2012. The agreement will enable Armenia to diversify its export structute and gain favorable conditions for entering European market. The negotiations will be finalized in December 2013.

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The Energy Minister thanked “our friendly country, Armenia” and his Armenian counterpart “for providing a huge assistance”.
"There have been no new talks on gas exports to Europe, but there are routes and facilities which we need to use," Majedi said.
"We are particularly pleased by a 15 percent rise in lending to small and medium-sized businesses,” the bank’s financial director said.
It also signed 33 Reimbursable Advisory Service agreements with 11 countries in the region for a total amount of $45 million.
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