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ARMENIAN GOVERNMENT GRANTS TAX AND CUSTOMS BENEFITS TO IRAN-ARMENIA LINE
/ARKA/
September 15, 2011
YEREVAN
YEREVAN, September 15. / ARKA /. The Armenian government approved
Thursday a draft law on setting tax and customs privileges to a project
designed for the construction of a section of Iran-Armenia 40 KW
electricity transmission line passing through the territory of Armenia.
In accordance with the bilateral agreement, taxes and customs duties,
which are formed on the territory of Armenia shall be borne by the
customer, so Armenia's assistance to this program will be to provide
tax and customs benefits.
According to the Armenian ministry of energy and natural resources,
the construction of new transmission line from Iran to Armenia
is being implemented by Iranian company Sanir. The project cost
is estimated at 100-105 million euros. Currently, there are two
high-voltage transmission lines between Armenia and Iran which are
used for seasonal electricity swaps.
From: Baghdasarian
/ARKA/
September 15, 2011
YEREVAN
YEREVAN, September 15. / ARKA /. The Armenian government approved
Thursday a draft law on setting tax and customs privileges to a project
designed for the construction of a section of Iran-Armenia 40 KW
electricity transmission line passing through the territory of Armenia.
In accordance with the bilateral agreement, taxes and customs duties,
which are formed on the territory of Armenia shall be borne by the
customer, so Armenia's assistance to this program will be to provide
tax and customs benefits.
According to the Armenian ministry of energy and natural resources,
the construction of new transmission line from Iran to Armenia
is being implemented by Iranian company Sanir. The project cost
is estimated at 100-105 million euros. Currently, there are two
high-voltage transmission lines between Armenia and Iran which are
used for seasonal electricity swaps.
From: Baghdasarian