ARMENIAN GOVERNMENT APPROVES ECONOMIC BENEFITS
Information-Analytic Agency NEWS.am
Sept 23 2009
Armenia
At its sitting today, RA Government approved the order of applying
tax, customs and other benefits under a framework agreement between
Armenia and the Committee of European Communities.
The RA Government’s press service informed NEWS.am that the forms will
be printed and registered during the following month. The benefits
include exemption from VAT, exemption of imported products from customs
duties, exemption of nonresident organizations from profit taxes, etc..
The Government also approved the results of contests held on the
WB-allocated funds under an irrigation system renovation program.
We would remind you that the Armenian Government and the World Bank
signed a credit agreement in Yerevan on July 31. Under the program,
irrigation canals in Talin and Armavir are to be renovated.