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  • TBILISI: Abolition Of Road Tax Aimed At Promoting Business Ties With

    ABOLITION OF ROAD TAX AIMED AT PROMOTING BUSINESS TIES WITH ARMENIA
    By Christina Tashkevich

    The Messenger, Georgia
    April 26 2006

    Georgian and Armenian ministers agree that their countries economic
    potential remains unrealized.

    Armenian-bound vehicles will soon no longer be required to pay an
    entry tax at the border.

    All types of transport entering Armenia from Georgia will no longer
    have to pay a tax, the countries agreed.

    Previously, owners of public and cargo vehicles needed to pay between
    USD 200-280, while owners of other cars USD 18-20 to pass from Georgian
    territory to Armenia.

    The Minister of Economic Development Irakli Chogovadze and the Armenian
    Minister of Transport Andranik Manukian signed an agreement Tuesday
    abolishing this border tax dubbing it an "impulse" for business
    development.

    Manukian said that the Armenian government decided to abolish the tax
    after Georgia abolished its taxes on transport entering its territory
    from every country it borders starting in January 2006.

    Minister Chogovadze noted Tuesday that all barriers which exist
    for businesses should be eliminated, calling the road tax one such
    barrier. "Everything that hinders business is bad, and the elimination
    of these barriers will be an impulse for businesses," he said.

    Manukian added that transport communications contribute to the
    development of business and the country's overall economy. "Everyone
    was eagerly awaiting this decision and such agreements always lead
    to better things," he said Tuesday.

    The agreement will be enforced after the parliaments of both countries
    ratify it.

    Minister Chogovadze noted that the two countries have a great potential
    for economic relations, much of which stands unrealized.

    The development of Georgian-Armenian relations will be further
    intensified after representatives from the two countries participate
    in a business forum this June, Minister Chogovadze said.
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