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  • Free Trade Zone

    FREE TRADE ZONE

    A1+
    [06:46 pm] 27 November, 2008

    The government approved the concept to create a free trade zone
    in the vicinity of "Zvartnots" airport. According to the concept,
    agriculture must develop through industrialization of agriculture
    and the production-reprocessing-market chain, which will provide the
    opportunity to increase profits for rural economies.

    "This is a very important initiative in that those making concessions
    agree to and are ready to support and participate in the implementation
    of the program. It is our job to speed up the process because support
    for the concept and the creation of new incentives for agriculture
    in 2009 will be essential for Armenia. If we start this program as
    soon as possible, it may create a more favorable environment for
    investments. I also think that there should be public awareness of
    this plan because we are creating a free trade zone in Armenia,"
    said Armenian Premier Tigran Sargsyan.

    Bill was urgent

    The government also passed a bill for reforms and additions to the RA
    law on "Rallies". The need for this bill is connected to the purpose
    of revealing public opinion on issues of state importance; securing
    public participation in decision-making processes, as well as making
    the propositions stated in the RA law on "Rallies" correspond to the
    requirements of the RA Electoral Code. The passing of this bill was
    considered urgent.
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