March 5, 2021 - 19:16 AMT
EAEU approves Armenia's proposal to strip Turkey of tariff preferences

Deputy Prime Minister of Armenia Mher Grigoryan took part in the meeting of the Council of the Eurasian Economic Commission on Friday, March 5 online, the website of the Armenian government reports.

According to a press release, the agenda included the issue of excluding 75 developing countries, including Turkey, from the EAEU list of a unified system of tariff preferences, proposed by the Armenian side. The proposal was adopted unanimously, and the corresponding decision is expected to enter into force 6 months after its publication.

The EAEU, an international organization for regional economic integration, includes Armenia, Russia, Kazakhstan, Belarus and Kyrgyzstan.