Economy

Armenia to propose China to use GSP system for important products

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Armenia to propose China to use GSP system for important products

YEREVAN, MAY 27, ARMENPRESS. Armenia will soon propose China the unilateral GSP (generalized system of preferences) system for important Armenian products, Hovhannes Azizyan, deputy minister of economic development and investments of Armenia said during the May 27 EEU-Armenia Cooperation business forum.

According to him, they are aiming for enhancing commercial ties with China within the framework of the Eurasian Economic Union.

“Soon we will propose to China to use the unilateral advantage provision GSP system for important Armenian products. We will start negotiations until yearend. Official talks weren’t held till now, only interactions happened”, he said.

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