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GOVERNMENT WANTS TO CREATE FREE TRADE ZONE
news.am
Dec 23 2010
Armenia
On December 23, Armenian Government approved draft bill on "Free
trade zones", as well as amendments to six other laws which contain
similar provisions.
According to Prime Minister, the draft law has a peculiarity. The
bill draws attention to possible risks: prior to realization of
the programs they should be approved by the government to be clear,
transparent and manageable.
The draft bill provides for creation of a free economic zone outside
of Armenian customs borders.
According to the explanation presented by the Ministry of Economy,
adoption of law will contribute to creation of favorable legal basis
to create trade zones in the territory near Zvartnots airport and in
the territory of Mars factory in the city of Gyumri.
From: A. Papazian
news.am
Dec 23 2010
Armenia
On December 23, Armenian Government approved draft bill on "Free
trade zones", as well as amendments to six other laws which contain
similar provisions.
According to Prime Minister, the draft law has a peculiarity. The
bill draws attention to possible risks: prior to realization of
the programs they should be approved by the government to be clear,
transparent and manageable.
The draft bill provides for creation of a free economic zone outside
of Armenian customs borders.
According to the explanation presented by the Ministry of Economy,
adoption of law will contribute to creation of favorable legal basis
to create trade zones in the territory near Zvartnots airport and in
the territory of Mars factory in the city of Gyumri.
From: A. Papazian