YEREVAN (Arka)—Russia’s president Vladimir Putin has ratified an intergovernmental agreement on deliveries of natural gas, petroleum products and natural rough diamonds to Armenia, Russian news agency RIA Novosti reported.
The agreement was signed on Dec 2, 2013, in Yerevan. It provides for duty-free delivery of these goods from Russia to Armenia before the latter joins the Eurasian Economic Union. The agreement prohibits re-export of these goods to a third country.
Under the agreement, the volume and range of the consumption of these goods in Armenia for the next calendar year is determined by relevant authorities from the two governments. As for delivery of uncut diamonds, the amount is determined by agreements between businesses of the two countries.
Russia’s president Vladimir Putin signed another law ratifying an agreement on military and technical cooperation with Armenia. The document was made public on Monday.
The agreement was signed in June 25, 2013. It envisions setting a favorable regime of interactions between the parties for development, production, maintenance, repair, modernization, and use of arms and defense technologies, according to the report.
The Armenian parliament ratified the agreement with the Russian Federation back in December, Novosti-Armenia reported citing to RIA Novosti.