Home / Video / After Armenia Enters Customs Union, Customs Duties on Some Goods May Remain Same: Minister

After Armenia Enters Customs Union, Customs Duties on Some Goods May Remain Same: Minister

It is still too early to talk about a rise in prices in the Armenian market as a result of joining the Customs Union, as everything will be clear after the end of negotiations, said Deputy Minister of Economy Garegin Melkonyan, speaking to journalists in Yerevan today.

Note, recent Armenian media reports compared the customs duties of Armenia and those of the Customs Union, implying that after Armenia joins the Customs Union, the price of some goods will drastically increase. 

"There is a difference in customs duties and rates for some goods. Don't just take any numbers and start artificially talking about this. We'll complete the negotiations, have the final picture on the exceptions, [and] all these will be announced," he said. 

Melkonyan said that being discussed in negotiations with Customs Unions countries is making exceptions for Armenia on the customs duties of certain goods. The deputy minister stressed that there would be exceptions on certain goods, including automobiles.

"The goods included in the list of exceptions, on which Armenia's current customs duties will continue to apply, after being imported to Armenia cannot be exported again into other Customs Union countries. If a good is included in the list, if it's imported [at a] lower [rate], in order for it to be re-exported it has to [again] clear customs," he said. 

On Mar. 10, deputy minister said, a working meeting on non-tariff regulation with experts of the Eurasian Economic Commission  will be held in Yerevan, during which discussed will be problems arising from the activities of the working group as well as future actions outlined in the road map.