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PROGRESS IN ARMENIAN FREE ECONOMIC ZONES TO BE VISIBLE BEFORE END OF THIS YEAR
/ARKA/
SEPTEMBER 23, 2011
YEREVAN
YEREVAN, September 23. /ARKA/. Progress in Armenian free economic zones
will be visible before the end of this year, Hayk Mirzoyan, Armenian
economy ministry's industrial policy division, said on Thursday.
"The ministry has already worked out necessary legislative acts,
which are now being considered by the government," he said.
He also said that projects of deployment of enterprises in the two
probable free economic zones in Zvartnots Airport's territory and
Mars works are being considered as well.
On June 21, the Armenian president signed the law on free economic
zones and related laws.
The law establishes a new legal regime for economic activities. The
law is also aimed at creation of proper economic environment,
solution of export problem and creation of favourable conditions for
export-oriented enterprises.
If a zone is not used within one year, the government will void its
decision. These zones will enjoy special tax and customs preferences.
/ARKA/
SEPTEMBER 23, 2011
YEREVAN
YEREVAN, September 23. /ARKA/. Progress in Armenian free economic zones
will be visible before the end of this year, Hayk Mirzoyan, Armenian
economy ministry's industrial policy division, said on Thursday.
"The ministry has already worked out necessary legislative acts,
which are now being considered by the government," he said.
He also said that projects of deployment of enterprises in the two
probable free economic zones in Zvartnots Airport's territory and
Mars works are being considered as well.
On June 21, the Armenian president signed the law on free economic
zones and related laws.
The law establishes a new legal regime for economic activities. The
law is also aimed at creation of proper economic environment,
solution of export problem and creation of favourable conditions for
export-oriented enterprises.
If a zone is not used within one year, the government will void its
decision. These zones will enjoy special tax and customs preferences.