Armenia Joins Eurasian Economic Union
Armenia became a member of the Eurasian Economic Union (EEU) on January 2, 2015, after Russian President Vladimir Putin signed on December 23, 2014 a law ratifying the agreement on Armenia’s accession.
The agreement envisages that Armenia joins the EEU Treaty and other international agreements signed within the frames of the Customs Union of Belarus, Kazakhstan and Russia. Armenia will have to amend its tariff commitments as member of the World Trade Organization, while the EEU’s Common Customs Tariff (CCT) will also have to be revised.
According to the EEU Treaty, Armenia will have one to eight years to harmonize its import duties in accordance with the CCT rates, one to five years to implement the Customs Union’s technical regulations, and three years to adjust the IP-related issues.
The EEU Treaty was signed by Russia, Kazakhstan and Belarus on May 29, 2014, followed by Armenia and Kyrgyzstan, which signed it in October and December 2014 respectively. The EEU Treaty came into force on January 1, 2015. Kyrgyzstan’s accession treaty will not come into force until May 2015.
For more details on the EEU Treaty, please see our previous article.
Prepared by: Aleksandra Pavlovic, Masa Lopicic
For more information, please contact email@example.com.
Source: Azerbaijani news portal Trend
February 2015 News
- Patent-Related Amendments in Albania
- Repsol Victorious In Trademark Opposition Case Against Turkish Competitor
- 170,000 Fake Lormar Bras, Panties Destroyed in Serbia
- Bosnian Customs Seize Fake Ray Bans Worth EUR 4M
- 1,656 Pairs of Fake FILA Slippers Destroyed in Montenegro
- Ukrainian Authorities Seize Counterfeit Sportswear
- Montenegro IPO Launches National Industrial Design Register
- Parallel Import Ban to be Lifted in EEU States?
- Bayer Victorious in Trademark Dispute against Kosovo Pharmacy
- Serbian PTO Abolishes “Class Heading Covers All” Approach
- Methodology for Trademark Examination Adopted in Bosnia
- Macedonian Cyrillic Domain Registration Now Open
- Hungary Amends Pharmaceutical Law to Combat Counterfeit Medicine
- IP Protection Costs Cheaper in Russia Due to Ruble’s Dramatic Decline
- Estonian PTO Changes Official Fees
- Registration Fees for GIs and Patents Reduced in Georgia
- Ukraine Association Agreement with EU – Update
- Armenia Joins Eurasian Economic Union
- Counterfeits Worth EUR 37M Seized in INTERPOL-Coordinated Operations across Eastern Europe
- Romanian Customs Seize Kangoo Jumps, Talking Tom, Hello Kitty, Disney Counterfeits
- Serbian Customs Seize 3,000 Counterfeit Cell Phone Covers