EU temporary trade preferences for Armenia to enter into force tomorrow

The European Union is granting temporary trade preferences to Armenia to support its producers and exporters following trade restrictions recently imposed by Russia, the European Commission's press service has announced.

The measures, which will enter into force tomorrow for a period of two years, temporarily liberalise almost 80% of Armenian exports to the EU, including almost all exports of fresh fruit, vegetables and flowers affected by the Russian measures, as well as over 91% of exports of beverages and spirits.

The temporary trade preferences will help alleviate the difficult situation faced by Armenian producers and exporters and support the resilience of Armenia's economy by facilitating access to the EU market.

The preferential arrangement is subject to conditions and includes safeguard measures to protect the EU market should imports adversely affect EU producers.

These trade preferences are part of a broader support package for Armenia.