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Haykakan Zhamanak: Banana Prices Rise In Armenia

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  • Haykakan Zhamanak: Banana Prices Rise In Armenia

    HAYKAKAN ZHAMANAK: BANANA PRICES RISE IN ARMENIA

    11:18 22/04/2015 >> DAILY PRESS

    The banana prices in Armenia have risen by more than 10 percent
    compared with December 2014, Haykakan Zhamanak reports citing the
    National Statistical Service of Armenia.

    "This is noteworthy as Armenia became a full member of the Eurasian
    Economic Union (EEU) on January 2 and banana is among the rare products
    for which the EEU customs duties are lower - 5 percent against 10
    percent before Armenia's accession to the EEU.

    "In other words, after Armenia's accession to the EEU, the cost of
    customs clearance of banana decreased by 5 percent and the cost price
    of the product declined in the same amount. However, the official
    statistical data show a 10 percent increase of banana prices," the
    newspaper says.

    Source: Panorama.am


    From: Baghdasarian
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