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Armenia Intends To Join European Convention On Control And Marking O

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  • Armenia Intends To Join European Convention On Control And Marking O

    ARMENIA INTENDS TO JOIN EUROPEAN CONVENTION ON CONTROL AND MARKING OF ARTICLES OF PRECIOUS METALS

    Noyan Tapan
    http://www.nt.am?shownews=1009395
    Nov 3, 2008

    YEREVAN, NOVEMBER 3, NOYAN TAPAN. A working meeting on reforms
    in the sector of articles made of precious metals took place at
    the RA ministry of finance on November 3. During the meeting, the
    Armenian-European Policy and Legal Advice Centre (AEPLAC) presented
    an analysis of the EU's and its member states' legislative and
    institutional systems on the regulation of the indicated sector,
    while the RA ministry of finance made proposals on the respective
    reforms to be launched in Armenia.

    The purpose of these reforms is to improve state regulation of
    the market of articles of precious metals and promote exports of
    articles of precious metals from Armenia to European countries. Within
    the frameowrk of the reforms, it is envisaged bringing Armenia's
    legislative field into line with the legislation of EU member states
    and ensuring Armenia's joining the European Convention on the Control
    and Marking of Articles of Precious Metals. Armenia's joining the
    Convention will allow local producers to freely enter the EU's jewelry
    market which is currently the second largest in the world, to achieve
    better protection of consumer rights and increase exports.

    Representatives of the RA ministry of finance, Competitive Armenian
    Private Sector (CAPS) Project, and AEPLAC, as well as economic entities
    representing the sector took part in the meeting.
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