Newsfeed

Founding Parliament movement holds a Yerevan-Gyumri car rally

UN Council on Human Rights Adopting Armenia's Resolution on Genocide Prevention

Turkish Deputy: Karabakh Conflict to be Settled within Azerbaijan's Territorial Integrity

Turkey Hoping the European Commission Will Not Recognize the Armenian Genocide

Seyran Ohanyan: Baku Responsible for the Possible Escalation of the Karabakh Conflict

Kiev Events Dedicated to the Armenian Genocide Centennial

Sevak Sarukhanyan: Concerns about possible emergence of ISIS in Azerbaijan focus Tehran's attention on Baku

Villagers address a letter to Armenian Prime Minister over a tailing dump of Akhtala Mining Plant

Armen Rustamyan: ARFD's coalition with authorities depends on whether its 7 proposals will be fulfilled

Heritage Party about negotiations with president: "Terrorists hijacking planes are bad guys, but we have to negotiate with them to save hostages"

Parliamentary forces do not support Founding Parliament movement's steps

Head of Chinari rural community: Tension on the border should not cause panic

"Never Again" - Films telling about Genocide of Armenians screened at Sofia Film Festival

Nikol Pashinyan Tore to Bits SCPEC Armenia's Head

Armenian Assembly of America urges US Subcommittee to allocate $40 million in assistance to Armenia

Orange Contributing to the Project "Bringing Sight to Armenian Eyes"

Defense Ministry of Armenia sets up special organization to manage Karen Demirchyan Sports and Concert Facility

Beeline Announces "Information Technologies in my Life" Contest

SCR offers preferential fares for electric trains in April

Zhirair Sefilian: the "Founding Parliament" to Start 24/7 Tea Parties since April 24

Washington Forecast: USA Paying More Attention to Baku as a versus to Armenian-Russian Axis

Seyran Ohanyan: Russia assists Armenia globally

Tigran Urikhanyan leaves Prosperous Armenia Party

VTB Armenia Mortgage Portfolio to Increase by 10-20% in 2015

Baku blacklists journalists for attending medias forum in Yerevan

Defense Minister of Armenia says reasons why Armenian soldier crossed border into Azerbaijan must be sought in his family

Azerbaijan uses mortars on Line of Contact

Armenian soldier dies from heavy wounds received when repelling adversary

Traian Hristea: Metsamor NPP Prescheduled Shut-Down is the EU Main Purpose

Defence Minister: the Situation on the Front Line is Under Control of Armenian Armed Forces

In 2014 VTB Armenia Strengthened its Positions in Retail Business

VTB Armenia Bank Investments in Branch Network Modernization Exceeding 5 Million USD

Official: State Commission keeps an eye on large economic entities

Official: "ENA" CJSC quits discrimination against consumers

Raffi Hovannisian: Meeting of Armen Martirosyan and Rubik Hakobyan with Serzh Sargsyan does not run contrary to Heritage Party's stand

South Caucasus Railway: Efficiency of investments in railway infrastructure of Armenia evident

Magnitude 3.7 quake hits north of Armenia

British parliamentarian demands Government to recognize Genocide of Armenians

Valery Gergiev's concert in Yerevan postponed

Beeline supports screening of "Komitas: Crane of Melancholy" film-performance

Parliament Vice-Speaker Harshly Criticizing Levon Ter-Petrosyan's Speech on the Centennial of the Genocide

ACBA-CREDIT AGRICOLE BANK: new capacities on a new website

Ishkhan Mkhitaryan: Armenian Card ready for technological leap in credit card market

Ministry of Defence Armenia: The Karabakh Conflict Zone Situation is Tensed, but Under Control

Inspections Performed in Akhtala Ore Mining Plant

Former employees of Nairit Plant demand their wages again

Armenian Foreign Ministry tries to find out if there were Armenian citizens of board the crashed Airbus A320

Levon Ter-Petrosyan introduces his own option of All Armenian Declaration on 100th Anniversary of Armenian Genocide

Ukrainian political expert: Poroshenko due to abandon idea of Ukraine's liberation

National Assembly of Armenia passes draft resolution condemning Genocide against Greeks and Assyrians

Exclusive

Ankara's wish to create free trade zone with Customs Union has a dim prospect for Armenia

  • by Arthur Yernjakyan

  • Monday, July 21, 15:20

 Ankara's wish to create free trade zone with Customs Union has a dim prospect for Armenia, economist Vardan Bostanjan told Arminfo correspondent. 

"It is hard to comment on the prospects of such cooperation for Armenia, as the place and conditions of creation of this free trade zone are not clear. Moreover, the prospects oi Armenia's joining the Customs Union are not clear either, as its member-states put new conditions for us", - he said. 

The economist added that, as a rule, free trade zones are created at the territory favorable for business development in the context of infrastructures and taxes.

He also added that in this context, it is not obligatory for Turkey to officially open the border to Armenia. 

Turkish Economy Minister Nihat Zeybekci has put forward a plan to form a free trade zone with the Customs Union of Russia, Belarus and Kazakhstan, the Russian Economic Development Minister Aleksey Ulyukaev told journalists in Sydney. According to the Russian minister, his Turkish counterpart initiated the possible cooperation during the G20 trade ministers meeting in Australia. "We have agreed to create a working group and to begin a more detailed discussion of these possibilities and prospects in September," Ulyukaev said. Russia is currently Turkey’s second-largest trade partner after the European Union, with which the country now holds a Customs Union alliance. 

Send to a friend

To (e-mail)


Your name


Message


Comments

View comments (0)
  • READ ALL COMMENTS
  • POST A COMMENT

Be first to comment on this article

* Indicates required fields