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Refining Of Precious Metals, Production Of Bullions Not Subject To M

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  • Refining Of Precious Metals, Production Of Bullions Not Subject To M

    REFINING OF PRECIOUS METALS, PRODUCTION OF BULLIONS NOT SUBJECT TO MANDATORY LICENSING

    /ARKA/
    March 4, 2011
    YEREVAN

    On Thursday the Armenian government amended a previous decision to
    make refining of precious metals as well as production of bank gold
    and bullions a business activity not subject to mandatory licensing.

    Finance minister Vache Gabrielian explained at a Cabinet session
    that this decision is aimed at improvement of the business climate,
    development of this sector on the basis of free market relations and
    competition as well as at stepping up economic activity.




    From: A. Papazian
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