Russia Metals and Mining, Armenia Oil and Gas
Protocol to an agreement dated December 2, 2013 was signed by A. Novak and E. Zaharyan.
Let’s recall, on December 25, 2014, Armenia approved a protocol for bilateral agreement with the Russian Federation on cooperation in the supply of natural gas, oil and rough diamonds into the territory of Armenia.
The Federation Council has ratified the intergovernmental agreement with Armenia in the sphere of supplies of gas, oil products and unprocessed natural diamonds to the state. The agreement presupposes duty-free supplies of the goods until Armenia unites with the Eurasian integration space. Under the agreement, the Russian side does not charge import customs duties from oil products and gas at a volume of the internal consumption admitted in the indicative balance and for diamonds supplied to Armenia.