Armenia to Become Full-Fledged Customs Union Member in 2014 - President

YEREVAN, January 1 (RIA Novosti) – Armenian President Serzh Sargsyan said on Wednesday that his country would complete all procedures to join the Russian-led Customs Union this year.

"I’m sure that this year we will become a full-fledged member of the Customs Union. Armenia will create a new environment, in which it will be better protected and more competitive, Sargsyan said in his televised New Year speech.

Armenia decided in September to join the Moscow-led Customs Union of Russia, Belarus and Kazakhstan. A roadmap on Yerevan’s admission was signed on December 24.

In early December, Russia and Armenia signed an intergovernmental agreement to cancel export duties for supplies of natural gas, oil products and rough diamonds to the South Caucasus nation.