European Union is a single market of 28 countries with 500 million consumers. Armenia benefits from GSP+ system since 2009. Armenia joint the improved system from 2014. The participation of Armenia is conditioned by the efficient implementation of 27 fundamental conventions. Thanks to this system, 6291 from 9655 of EU products’ classification can be exported to EU with zero custom duty. The complete list of products is given in IX Annex of EU Regulation No. 987/2012.
Now Armenia is using the GSP in the following spheres: metals and ore mineral – 80%, textile – 17%, crayfish, juices, jams and other processed food – 1.5%, tobacco – 0.8%, clocks -0.4%.
You can find more information on EU Generalised System of Preferences GSP+ Armenia here.