Announcement

Collapse
No announcement yet.

Premier: Armenian Government Intends To Intensify Its Crackdown On E

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Premier: Armenian Government Intends To Intensify Its Crackdown On E

    PREMIER: ARMENIAN GOVERNMENT INTENDS TO INTENSIFY ITS CRACKDOWN ON ECONOMIC ILLEGALITIES

    ARKA
    Dec 1, 2009

    YEREVAN, December 1. /ARKA/. Armenian government intends to toughen
    industrial control to prevent economic illegalities, Armenian Prime
    Minister Tigran Sargsyan said Tuesday answering the question about
    copying foreign brands by Armenian manufacturers.

    He said that the Commission of Economic Competition Protection started
    working out a new strategy after receiving such alarming calls.

    The strategy implies more vigorous activity of the commission.

    Besides, new legislative initiatives should be put forward, under which
    the commission will get sweeping powers not only to impose sanctions,
    but also apply preventive steps against wrongdoers.

    "It will be done to bar everybody from selling its shoddy products
    by deluding consumers and claiming their products as well-known
    brands," Sargsyan said denouncing such a deception as " intolerable
    and dangerous phenomenon".
Working...
X