BY THE END OF THE YEAR THE PILOT PROGRAM ON CREATION OF FREE TRADE ZONE IN THE "ZVARTNOTS" AIRPORT TO KICK OFF

lang/en
2010-02-23

YEREVAN, FEBRUARY 23, ARMENPRESS: By the end of the year the pilot
program on creation of free trade zone in the "Zvartnots" airport will
kick off. Head of the Armenian Economy Ministry’s Industry Department
Hayk Mirzoyan said today at the meeting with the reporters that the
goal of the program is to increase the volume of export of agricultural
products, promote the increase of productivity of agriculture, applying
new technology as well as formation of Armenian agricultural brand.

According to him, currently preparatory works of the program are in
process. In 2009 expert from "Flora Holland" was invited to Armenia
in 2009. Together with the expert business model of the logistic
center of the free trade zone has been worked out. The organizer of
the free trade zone – the manager of "Zvartnots" airport – together
with the expert and with the support Armenian Development Agency is
working out the business program of the logistic center.

H. Mirzoyan said that with the program it is expected to create a
pilot points for gathering of food so that the farmers quickly store
their product and then sell to the exporters. In the territory of
the airport store and packages points will function.

The head of the department said that 3 points of gathering of the
agricultural products will be created in the airport. Currently works
on creating council coordinating the program are in process. H.

Mirzoyan said that all the businessmen who will elaborate activity
in the free economic zones are duty free, customs free as well as
VAT free. Works are also being carried out toward developing a law
abut free economic zone.