Armenia to receive more import customs duties from EAEUMarch 27, 2018 - 13:19 AMT PanARMENIAN.Net - Armenia will receive 1.2% of all import customs duties of the Eurasian Economic Union (EAEU) instead of the previous 1.1%, according to a draft decision published on the government’s website. Under the proposed changes in the registration and distribution and of import duties (other equivalent duties, taxes and collections), Belarus and Kazakhstan will receive 4.5% and 7%, respectively, while Kyrgyzstan and Russia will get 1.9% and 85.2%, respectively. A trade bloc established in 2015, the EAEU was based on the Customs Union of Russia, Kazakhstan, and Belarus. It was later joined by Armenia and Kyrgyzstan. In 2016, Vietnam officially became the first non-regional country to join the bloc. The union is designed to ensure the free movement of goods, services, capital and workers between member countries. More than 40 countries and international organizations, including China, Indonesia and Israel, as well as some South American countries, have expressed interest in a free trade deal with the EEU. The trade bloc has also held negotiations with South Korea, Egypt and India. In December, Russian President Vladimir Putin said Serbia could be also included in the EAEU’s free trade zone in the future. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. Macron says France commemorates 109th anniv. of Armenian genocide Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says. Freedom House concerned by mounting reports of police violence in Armenia Freedom House urged Armenian authorities to investigate this pattern of excessive force and inhumane treatment. |