Armenia may join revised WTO agreement on government procurement later this year

Armenia may join revised WTO agreement on government procurement later this year

YEREVAN, April 25. / ARKA /. Armenia may join the World Trade Organization’s revised Agreement on Government Procurement (GPA) by the end of this year, according to Makar Ghambaryan, a senior official of the finance ministry, who spoke today at a seminar on the revised GPA. 

He said the major changes in the agreement stem from the introduction of electronic procurement procedure.

He noted that the Armenian law "On Procurement" will be amended this year to make it comply with the text of the new WTO agreement and also with the documents of the Russia-led Customs Union which Armenia is to join soon.

He said the ministry will work to inform Armenian suppliers about new opportunities provided by the revised WTO agreement, which Armenia signed in 2011. 

The Agreement on Government Procurement is a plurilateral agreement under the auspices of the World Trade Organization WTO) that entered into force in 1996. 

It regulates the government procurement of goods and services by the public authorities of the parties to the agreement, based on the principles of openness, transparency and non-discrimination. -0-

16:43 25.04.2014

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