RUSSIA, ARMENIA SIGN VALUE ADDED TAX ACCORD

ITAR-TASS News Agency
September 25, 2007 Tuesday

Russia and Armenia have signed an agreement on a zero rate of the
value added tax in bilateral trade.

The document was signed after interstate talks in Moscow on Tuesday.

Russian Prime Minister Viktor Zubkov said the agreement had extended
a previous accord.

"This agreement provides the right to trustfully do business, and
this will benefit qualitative budget revenues," Zubkov said.

Also, changes have been added to earlier signed accords between Russia
and Armenia on the stationing of a Russian military base in Armenia and
on the procedure of land allocation for it, PRIME-TASS said on Tuesday.