Armenia has not yet got rid of consequences of market monopolies
16.01.2019,
18:07
Armenia has not yet got rid of the consequences of long-running market monopolies, the head of the State Revenue Committee (SRC) David Ananyan told a news conference today.
YEREVAN, January 16. /ARKA/. Armenia has not yet got rid of the consequences of long-running market monopolies, the head of the State Revenue Committee (SRC) David Ananyan told a news conference today. According to him, in the course of years, monopolies had been established on a great number of goods, including sugar and bananas.
He said now there are no obstacles for new suppliers to enter the market, and the number of sugar importers has increased.
He said also because the Armenian market is not large monopolist are reluctant to give up their positions. He said in cooperation with the Ministry of Economic Development and Investments the State Revenue Committee is looking for opportunities to increase consumption of sugar, for example, through establishment of new companies which use sugar or other goods in their production for the subsequent export of finished products.
"We have not yet got rid of the consequences of the monopolies, but we are working on the revitalization of production," said Ananyan. --0—
He said now there are no obstacles for new suppliers to enter the market, and the number of sugar importers has increased.
He said also because the Armenian market is not large monopolist are reluctant to give up their positions. He said in cooperation with the Ministry of Economic Development and Investments the State Revenue Committee is looking for opportunities to increase consumption of sugar, for example, through establishment of new companies which use sugar or other goods in their production for the subsequent export of finished products.
"We have not yet got rid of the consequences of the monopolies, but we are working on the revitalization of production," said Ananyan. --0—
