ARMENIA TO JOIN WTO AGP IN LATE 2010
ARKA
DECEMBER 16, 2009
YEREVAN
YEREVAN, December 16, /ARKA/. Varos Simonian, head of an Armenian
economy ministry department in charge of cooperation with EU and
international economic cooperation, told ARKA that Armenia is likely
to accede to the World Trade Organization’s Agreement on Government
Procurements in late 2010.
The Agreement on Government Procurement of the World Trade Organization
(WTO-AGP), commonly known as the GPA, establishes a framework of rights
and obligations for government procurement among the WTO members that
have signed it.
The signatories have agreed that suppliers of goods and services in
other signatory countries will be treated no less favorably than
domestic suppliers in procurement covered by the Agreement, and
that their laws, regulations and procedures relating to government
procurement will be transparent and fair. Armenia acceded to WTO
in 2003.
From: Emil Lazarian | Ararat NewsPress