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Government Extends Term Of "Temporary Import" Customs Regime For Tea

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  • Government Extends Term Of "Temporary Import" Customs Regime For Tea

    GOVERNMENT EXTENDS TERM OF "TEMPORARY IMPORT" CUSTOMS REGIME FOR TEAM ENERGY COMPANY

    Noyan Tapan
    Oct 15, 2009

    YEREVAN, OCTOBER 15, NOYAN TAPAN. At the October 15 sitting,
    the Armenian government made a decision to extend the term of the
    "temporary import" customs regime for Team Energy LLC. According to
    Minister of Energy and Natural Resources Armen Movsisian, the company
    is engaged in oil and gas prospecting in Armenia, and the imported
    large equipment is envisaged for drilling activity.

    The minister said that due to the global economic crisis, the company
    suspended its activities for a while and now it has resumed work.

    From: Emil Lazarian | Ararat NewsPress
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