finance
European Union Expands Tariff-Free Access for Up to 80% of Armenia Exports
The European Union announced new trade measures allowing up to 80% of Armenia's exports to the bloc to enter without tariffs. The changes expand existing trade preferences for Armenian goods.
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The European Union announced new trade measures that will allow up to 80% of Armenia's exports to the bloc to enter tariff-free. The measures expand existing trade preferences for Armenian goods shipped to European Union member states.
The updated framework covers a wider range of product categories than previous arrangements. Armenian exporters will need to meet updated documentation requirements to qualify for the tariff exemptions.
The European Union stated the measures will take effect after formal publication in the official journal. Member states will apply the new tariff rates once the regulation enters into force.
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