Armenia proposes to revise EAEU trade agreements with third countries to increase trade turnover

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YEREVAN, October 1 /ARKA/. ‘’Armenian side attaches primary importance to negotiations on concluding free trade agreements with third countries that are committed to mutually beneficial cooperation,’’ stated Armenian Prime Minister Nikol Pashinyan.nbsp;br/pp

In order to optimize opportunities on the external contour of interaction, it is necessary to conduct an additional analysis of trade agreements with third countries to identify their shortcomings and determine areas for their improvement, carefully study the possibility of introducing new provisions in them in order to increase trade volumes, establish clear criteria for assessing the effectiveness of interaction, such as the level of trade, investment flows, and infrastructure development, Pashinyan said during a meeting of the Eurasian Intergovernmental Council in Yerevan./pp

He noted that regular monitoring and evaluation of cooperation will facilitate timely adjustments to strategies and agreements, ensuring reliable and sustainable development of trade relations. -0-/p