Negotiations On Armenia’s Accession to WTO Near Completion

YEREVAN (Armenpress)–Armenian Deputy Trade and Industry Minister Tigran Davtian took part in the annual meeting of the countries which have no permanent representations in the World Trade Organization (WTO)–which was held September 9-14 in Geneva.

Such meetings mainly focus on the exchanging information and discussions on problems existing in the WTO. According to Davtian–these meetings are a wonderful opportunity to have informal negotiations with WTO member countries for the regulation of current problems.

Davtian stated that the process of Armenia’s accession to the WTO is in its final phase and the ministry is preparing the package of documen’s–to be presented to the WTO secretariat–concluding six years of negotiations.

Davtian said that the bilateral negotiations have concluded–and now the multilateral negotiations are almost finished as well. It is within these multilateral negotiations that the interests of the WTO member countries are presented by one country–in this case by the US. During the meetings in Geneva–Armenia negotiated with the US concerning its accession. As Davtian said–the main problem is the subsidization and tax systems in the agriculture sector of Armenia.

Disagreemen’s that arose with the option presented by the US–are with the terms and mechanisms of changes–which disregard the interests of the Armenian economy.

Responding to the question asked about how realistic the terms of Armenia’s accession to the WTO are–and if the events in the US will influence this process–Davtian said that only a mutual agreement is important–while the latest events in the US only affected the pace of the negotiation process.

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