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Today, on December 4, National Assembly of Armenia ratified treaty on Armenia’s accession to the Eurasian Economic Union (EEU) with a majority of votes. The treaty was ratified with 103 votes “pro”, 7 “con” and one abstention. The treaty was supported by ruling Republican Party of Armenia (RPA), Prosperous Armenia, Armenian National Congress (ANC) and Orinats Yerkir factions. Only Heritage party voiced criticism against the deal.
At the National Assembly on Wednesday, deputy speaker of Armenian parliament Edward Sharmazanov said,”The accession to the EEU will give Armenia an opportunity to enter a 170-million market, addressing the opponents of Armenia’s EEU membership”.
In his words, Armenia imports oil products without 30 percent customs duty. Besides, according to the politician, Russia sells weapons and ammunition to Armenia at its domestic prices.
Commenting on the arguments about Armenia’s isolation after entering the EEU, Sharmazanov reiterated that Armenia will enter a 170-million market and added that EU officials and ambassadors said that they are ready to continue cooperation with Armenia, so they “do not close the doors” for Armenia.
The treaty on Armenia’s accession to the Russia-led Eurasian Economic Union is slated for entry into force on January 1, 2015.