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Republican MP is sure that GSP+ will not be annulled for Armenia

  • by Ashot Safaryan

  • Monday, February 24, 16:28

 The Generalised Scheme of Preferences+ will be preserved in Armenia's trade with the European Union, MP from the Republican Party of Armenia Gagik Minasyan told ArmInfo on Monday when asked to comment on the apprehensions expressed by the former President of Armenia Robert Kocharyan in his lart interview.

"The EU's decision to introduce this scheme was a response to the serious reforms carried out in our country in the previous years. So, now we must be consistent in our work with the EU so as to preserve this scheme even when we join the Customs Union," Minasyan said.

To remind, Kocharyan said in his last interview that the EU will probably revise the Generalized System of Preferences (GSP+) for Armenia, as EU ambassadors hint at that. Some problems will probably emerge also with the WTO and the coordinated customs duties. 

"This will lead to response measures regarding our products. How will this influence Armenia's economy and its long-term investment attractiveness is hard to assess," Kocharyan said.

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