- Dicembre 06, 2020
Since the signing of the EPA, membership in common European airspace has also been the subject of negotiations. The agreement will create a common airspace between the EU and Armenia, which will lift market restrictions and bring Armenia into the EU`s internal aviation market by harmonising its air transport rules with EU standards and implementing much of the EU`s aviation legislation.  2. the intention to establish close economic and political cooperation (more than just cooperation); 3. the creation of administrative bodies responsible for the management of cooperation, responsible for making decisions involving the contracting parties; 4. Offering the most favoured treatments in the nation; 5) the creation of a special relationship between the EC and its partner; 6. Since 1995, the clause on respect for human rights and democratic principles has been systematically introduced and is an essential element of the agreement; A European Union Association Agreement (A.A.) is a treaty between the European Union (EU), its member states and a non-EU country, which establishes a framework for cooperation between them. Among the areas that often fall under these agreements is the development of political, commercial, social, cultural and security relations. The legal basis for the conclusion of association agreements is provided by Article 217 of the Treaty ON THE EUROPEAN Union (Article 310 and 238 TEC). The agreement contains EU standard policy clauses on human rights, international criminal courts, weapons of mass destruction, small arms and small arms and the fight against terrorism. It also contains provisions for cooperation in areas such as transport, energy, health, the environment, climate change, taxation, education and culture, employment and social affairs, banking and insurance, media freedom, minority rights, industrial policy, agriculture and rural development, tourism, research and innovation and mining. It also covers legal cooperation, the rule of law, democratic reforms, the fight against money laundering and the financing of terrorism, as well as the fight against organised crime and corruption.   The agreement also contains a substantial trade title with significant commitments in several areas of trade policy.
These will improve the conditions for bilateral trade between the EU and Armenia, while fully respecting Armenia`s commitments as a member of the Eurasian Union. They will ensure a better regulatory environment for economic actors in areas such as trade in services and goods, business creation and operation, capital flows, public procurement and intellectual property rights, sustainable development and competition. The agreement encourages Armenian companies to sell more goods and services to the EU and EU companies to open subsidiaries in Armenia, which will contribute to economic growth and job creation.   The comprehensive and extended partnership agreement can be considered a “lite” version of an EU free trade agreement in which 96% of Armenian products can enter the EU internal market with zero tariffs.