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  • Shadow Economy And Restricted Ways To International Markets Cause Mo

    SHADOW ECONOMY AND RESTRICTED WAYS TO INTERNATIONAL MARKETS CAUSE MONOPOLY PHENOMENA IN ARMENIA

    Noyan Tapan
    Oct 7, 2009

    YEREVAN, OCTOBER 7, NOYAN TAPAN. The jubilee 30th two-day sitting of
    the CIS Interstate Council for Antimonopoly Policy (ICAP) started in
    Yerevan on October 7. Among the participants are heads and members of
    not only the ICAP, but also antimonopoly bodies of Hungary, Austria,
    Romania, and local representatives of the European Commission, OSCE,
    AEPLAC, GTZ, World Bank, and USAID.

    According to a report of the RA State Commission for the Protection
    of Economic Competition, prior to ICAP's sitting, the 13th meeting
    of the staff for joint research on violations of the antimonopoly
    legislation of CIS member states was held.

    RA Prime Minister Tigran Sargsyan made a speech of welcome, in
    which he said: "We are concerned about the current monopoly-related
    phenomena in Armenia, which are caused by the shadow economy and the
    restricted ways to international markets because export and import
    operations through the territories of Georgia and Iran are expensive,
    the small and medium business cannot afford it, so big players
    remain in the field. Armenia's georgraphical location also hinders
    domestic competition". According to him, the anticrisis measures of
    the government aim to diversify the economy, assist small and medium
    enterprises, particularly by making loans accessible to them, and to
    implement reforms in tax and customs administration.

    Chairman of the RA State Commission for the Protection of Economic
    Competition Ashot Shahnazarian said that the time dictates new
    demands. He underlined the necessity for new approaches, which are
    modern not only in the relations of competing departments, but also
    for the public.

    Chairman of ICAP Igor Artemev attached great importance to the
    implementation of antimonopoly programs in CIS countries, saying:
    "It is necessary to promote an exchange of experience and help each
    other in the development of the antimonopoly policy".
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