ARMENIA FAILS TO COMPLY WITH INTERNATIONAL REQUIREMENTS

Lragir, Armenia
Nov 3 2006

Armenia does not fully comply with the international requirements to
reach the European market. The news agency ARKA reports that this was
stated by the chief executive officer of the World Bank Yerevan
Office on November 3 in Yerevan. He says most legal and institutional
standards are based on the Soviet standards.

The representative of the World Bank emphasized that the agricultural
security of Armenia is greatly hindered by the transition from the
plan to market economy, which is not over yet. The representative of
the World Bank noticed that over the past decade Armenia has carried
out considerable reforms, which enabled it to become an exporting
country, however, the export markets are mainly the CIS countries.
The representative of the World Bank said most products do not comply
with the requirements of the EU and U.S. markets.

From: Emil Lazarian | Ararat NewsPress