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Armenian jewelers urge government to refrain from toughening tax administering

25.02.2009, 22:23
Armenian jewelers call on the government to refrain from toughening tax administering, chairman of Union of Jewelers of Armenia, director of Yerevan Jewelry Factory Emil Grigoryan said during the discussion of anti-crisis measures in the country’s Union o
YEREVAN, February 25. /ARKA/. Armenian jewelers call on the government to refrain from toughening tax administering, chairman of Union of Jewelers of Armenia, director of Yerevan Jewelry Factory Emil Grigoryan said during the discussion of anti-crisis measures in the country’s Union of Employers of Armenia Tuesday.

According to him, all the earlier measures taken to ensure stricter tax and customs administering are sufficient. Now it is time to give producers an opportunity to work, Grigoryan said.

He reported that the Union, together with the country’s Ministry of Economy, has developed a trade and export measures package for jewelry sector.

The package envisages review of legislation for representatives of the domestic market, cooperation with banks in crediting and search for raw diamonds for local enterprises, Grigoryan said.
The Ministry has already given a preliminary approval to the package, and now steps are made to proceed with implementation.

At the sixth international economic forum “Bridge 2009” in Tsakhkadzor on February 21, Armenian Premier Tigran Sargsyan said that quality raw diamonds should be provided to diamond-cutting sector so that it can take up a niche where the country has its comparative advantages.

He also said that Armenia had great potential for the field, but it declined for some reasons and today’s problem is the difficulty in finding opportunities for purchase of raw diamonds. --0--