YEREVAN /ARKA/. At an extraor- dinary meeting on Friday, Armenia’s Parliamentary Commission on Re- gional and Eurasian Integration ap- proved the ratification of the Eco- nomic Partnership Agreement between the EAEU and its Member States and the UAE, as well as the Interim Trade Agreement between the EAEU and its Member States and Mongolia. RA Deputy Minister of Economy Narek Hovakimyan stated that the agreement between the EAEU and the UAE, signed in 2025, is aimed at liberalizing and simplifying trade in goods, developing economic cooperation, and expanding mutual trade. “As a result of the agreement, EAEU member states receive prefer- ential terms of access to approximately 86% of their product range, while the coverage of EAEU exports to the UAE is 98%. “An integral part of the agree- ment is the list of goods for which the parties are willing to provide tariff preferences,” noted Hovakimyan. He reported that preferential im- port treatment will be established for 217 of the 270 goods exported from Armenia to the UAE after the agree- ment comes into force. According to him, the list of agricultural products includes fresh fruits (including straw- berries), tomatoes, fruit juices, honey, jams, sweetened mineral water, live plants, apples, and apricots. The esti- mated UAE market for these goods is approximately $550 million. “The industrial products include items such as aluminum sheets and al- loys, medical devices, and electronic and broadcasting equipment. Customs duties will not be paid on these prod- ucts when exported from Armenia,” Hovakimyan said. Speaking about the interim trade agreement between the EAEU, its member states, and Mongolia, Ovaki- myan noted that it is aimed at simplify- ing and stimulating mutual trade. “The agreement was signed in 2025 and regulates a wide range of economic cooperation issues, includ- ing customs regulations and sanitary and phytosanitary measures,” he add- ed.

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