Baltic Export, EU – Baltic States, Good for Business, Latvia, Legislation, Markets and Companies
International Internet Magazine. Baltic States news & analytics
Saturday, 20.04.2024, 05:53
Agreement to improve Latvia’s exports to Armenia
Print version |
|---|
The Foreign Ministry has prepared a bill adopting the agreement, and it
will be revised by the government this week.
The ministry underscores that the agreement can promote Latvia-Armenia
cooperation, improving Latvia’s exports to this country. The agreement does not
require any additional administrative burden.
CEPA enhances EU-Armenia cooperation, ensuring grounds for further
development of these relations, improving the political dialogue, improving
cooperation in many areas.
The EU member states are expected to sign the agreement on November 24 in
Brussels during the Eastern Partnership Summit. Then the agreement has to be
ratified by national parliaments, the ministry explained.
According to the Foreign Ministry, in 2016 Armenia was Latvia’s 87th
largest trade partner with the total turnover of EUR 4.57 million. Export to
Armenia reached EUR 3.26 million and import amounted to EUR 1.3 million.
«The Baltic Course» Is Sold and Stays in Business!
