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Armenian Parliament Votes Down MP Bagratyan's Offshore Mining Bill

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  • Armenian Parliament Votes Down MP Bagratyan's Offshore Mining Bill

    ARMENIAN PARLIAMENT VOTES DOWN MP BAGRATYAN'S OFFSHORE MINING BILL
    Grisha Balasanyan

    Earlier today, the RA National Assembly voted down a bill introduced by
    HAK MP Hrand Bagratyan seeking to regulate the operations of offshore
    companies in Armenia's mining sector.

    Those in opposition were the majotity Republican Paryy and its junior
    partner, Rile of Law. Those voting in favour were the Heritage Party,
    ARF, HAK and Prosperous Armenia.

    The bill would has banned companies registered off-shore from operating
    mines in Armenia, in addition to prohibiting companies from exporting
    ore and finished products to companies registered offshore as of
    January 1, 2014.

    The bill would have also banned companies in Armenia's mining sector
    from purchasing equipment, technologies, raw materials, financial
    and other services from offshore registered companies.

    http://hetq.am/eng/news/27247/armenian-parliament-votes-down-mp-bagratyans-offshore-mining-bill.html


    From: Baghdasarian
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