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Armenian Businessmen Presented Opportunities Provided By GSP+

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  • Armenian Businessmen Presented Opportunities Provided By GSP+

    ARMENIAN BUSINESSMEN PRESENTED OPPORTUNITIES PROVIDED BY GSP+

    AZG Armenian Daily
    01/08/2009

    Economy

    A workshop was conducted yesterday in Yerevan within the frameworks
    of "Technical Assistance and Information Exchange Instrument"
    (TAIEX) program during which the essence of the Generalized system
    of preferences (GSP/GSP+), its privileges and processes of applying
    it were presented, Armenpress reported. Representatives from the
    Armenian state governance bodies, small and medium-sized enterprises,
    international organizations took part in the event. The deputy
    economy minister Vahe Daniyelyan said that this system supposes
    competitive privilege for Armenia over other countries which seek
    to sell their products in Europe. According to him, the goal of the
    conduction of the workshop is to present to the business community
    of Armenia the opportunities provided by this system, which is very
    important in conditions of the crisis. Armenia is making use of the
    system from January 1, 2009. In December 2008 the European Commission
    approved the list of countries which will have an opportunity to
    get use of the GSP+ trade regime from 2009 January 1 till the end of
    2011. The countries which have an opportunity to get use of the GSP+
    are Armenia, Georgia, Azerbaijan, Bolivia, Columbia, Costa Rica,
    Ecuador, Guatemala, Honduras, Mongolia, Nicaragua, Paraguay, Peru,
    Sri Lanka, and Venezuela. The GSP+ trade regime gives an opportunity
    to the countries export 6400 products to EU market duty free.

    From: Emil Lazarian | Ararat NewsPress
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