EU Council Adopts Temporary Trade Measures for Armenia
EU Council adopts temporary trade measures to reduce import tariffs for Armenia
The European Union Council has formally adopted temporary trade-liberalization measures to support Armenia's economy following recent Russian trade restrictions. The measures will suspend import duties on approximately 80% of Armenian exports to the EU, including certain agricultural products, for a two-year period.
The preferential arrangement aligns with the EU-Armenia Comprehensive and Enhanced Partnership Agreement and includes safeguard provisions to protect EU producers if imports cause market disruption. The regulation follows a European Parliament vote approving the Commission's proposal without amendments.
"We are stepping up our support for Armenia and its people, who have clearly chosen a pro-European path," said Irish Foreign Minister Helen McEntee. The regulation will enter into force the day after publication in the EU Official Journal and remain in effect for two years.
