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Armenia Considered Country With Most Liberal Trade Regime

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  • Armenia Considered Country With Most Liberal Trade Regime

    ARMENIA CONSIDERED COUNTRY WITH MOST LIBERAL TRADE REGIME

    Noyan Tapan
    Mar 28 2006

    YEREVAN, MARCH 28, NOYAN TAPAN. The trade and economic system of
    Armenia fully meets the international standards. Tigran Davtian,
    RA Deputy Minister of Trade and Economic Development, stated this at
    the opening of the international banking conference on trade financing
    on March 28. According to him, the RA trade regime is considered as a
    most liberal one by international organizations, and in this respect
    Armenia is among the leading countries. As a result, the deputy
    minister said, the average annual growth of exports makes 15-30% in
    Armenia, and the balance of payments is gradually improving. Thus,
    Armenia is becoming an export-oriented country. T. Davtian expressed
    a hope that this dynamics will continue in the coming years.
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