Armenia expects major success in Free Trade Area talks with EU – official

Armenia expects major success in Free Trade Area talks with EU – official

PanARMENIAN.Net - Armenia expects major success in Deep and Comprehensive Free Trade Area negotiations with the EU, deputy economy minister said.

As Garegin Melkonyan said at National Security Council’s Armenia-EU interdepartmental commission sitting, “all activities planned jointly with the EU have already been implemented.”

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A relevant agreement was signed by the minister of finance Gagik Khachatryan and German ambassador to Armenia Rayner Morel.
The total cost of the final deal is over AMD 85.8 billon to be paid in two equal halves, after completion of the deal formalities.
Aleksei Miller was also scheduled to meet with government officials in Germany, which is a major customer of Gazprom’s supplies.
Access to finance is a major impediment to the growth of micro, small and medium enterprises, especially in the rural areas.
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