Armenia and the EU
EU relations with Armenia are based on the EU-Armenia Partnership and Cooperation Agreement (1999), which provides for wide-ranging cooperation in the areas of political dialogue, trade, investment, economy, law-making and culture.
The EU is committed to further developing and strengthening its cooperation with Armenia in all areas of mutual interest. Armenia was included (as a southern Caucasus country) in the European Neighbourhood Policy (ENP) in 2004 and in the Eastern Partnership in 2009. More>>
European Union, Trade in goods with Armenia
Closer trade and economic integration with the EU can be a key factor for Armenia's economic growth. Both the EU and Armenia are members of the World Trade Organisation and Armenia benefits from GSP+ under the EU Generalised System of Preferences (GSP). In line with the objectives of the European Neighbourhood Policy and the Eastern Partnership, the EU is committed to improving Armenia's access to the European market and to encouraging further European investment in Armenia.
More information and statistics on EU-Armenia trade relations are available here.
Preferential regime (GSP+)
Armenia benefited from the general arrangement of the EU Generalised System of Preferences (GSP) in 2006-2008, which provided preferential access to the EU market in the form of zero duties on 3300 products and reduced tariffs for another 3900.
In December 2008, Armenia qualified for the special incentive arrangement for sustainable development and good governance (GSP+) under the EU GSP Regulation for 2009-2011.
The EU adopted a reformed GSP mechanism on 31 October 2012 and the GSP+ scheme for countries which implement core human rights, labour rights and other sustainable development and good governance conventions.
The EU and Armenia negotiated an agreement on a deep and comprehensive free trade area (DCFTA) offering enhanced preferential tariff rates for Armenian exports to the EU. Unrelated to the decision of Armenia not to sign the DCFTA as part of Association Agreement with the EU , Armenia got the GSP+, which has been applied as of 1 January 2014. This means that zero customs tariff will be applied for more than 6200 products manufactured in Armenia. By using the EU Export Helpdesk it is possible to identify if a preferential duty rate applies to particular product.
Under the GSP+, the European Commission will monitor Armenia's compliance with its international commitments, in particular the effective implementation of the 27 core international conventions on human rights, labour rights, environmental protection and good governance principles. The first GSP+ monitoring biennial report covering 2014 and 2015 was published on 28th January 2016. Download the report here.
The EU Delegation to Armenia will have regular discussions with Armenia on the implementation of the GSP+ scheme including how, in 2015-2016, Armenia addressed the implementation of the 27 core international conventions.
More information on GSP+ is available here.