Yerevan/Mediamax/. Armenia and Georgia will work on retaining the current trade regime.

Armenian Minister of Economy Karen Chshmarityan and his Georgian counterpart Giorgi Kvirikashvili stated it at the briefing today after the session of the Armenian-Georgian task groups on trade-economic cooperation.

Giorgi Kvirikashvili lauded the dynamics of trade turnover between Armenia and Georgia.

According to him, Georgia will spare no effort to combine its Deep and Comprehensive Free Trade Area with the EU with Armenia’s membership in the Eurasian Economic Union.

“We have enough time to study all technical issues and do our best for our countries to persist with active trade and economic ties. Armenia is one of Georgia’s most important trade partners and we will try our best to deepen these ties”, said the Georgian Minister of Economy.

Giorgi Kvirikashvili believes the upcoming years will be a transition phase until the parties come to terms on new trade regimes “attempting to keep up with current customs tariffs”.

According to Karen Chshmarityan, the retention of current regime of cargo transit is beneficial for both parties.