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Armenia will lose the right to free movement of goods in EEU common market if it moves closer to EU - Zakharova
Armenia will lose the right to free movement of goods and services in the Eurasian Economic Union's (EEU) common market if it moves closer to the European Union, Russian Foreign Ministry spokeswoman Maria Zakharova said at a press ... ... the European Union, Russian Foreign Ministry spokeswoman Maria Zakharova said at a press briefing on Thursday. "Customs duties (for Armenia) will increase significantly, and the result will be higher prices for Armenian consumers and reduced competitiveness ...
06/19/2025Armenia's withdrawal from EEU at the stage of negotiations on joining the EU will cost 30-40% of its GDP – Shoigu
... EU requirements. "In practice, it means at least stagnation and at most destruction of the existing industry, including metallurgy, food and light industry," he explained. In addition, Shoigu said, Armenia will be obliged to impose customs duties on goods imported from Russia and other EEU countries and, accordingly, cancel duties on goods from EU countries. "Naturally, the customs union and free trade with the EEU countries will be out of the question. It will also have to leave the CIS free trade zone," he added. Armenia's ...
03/20/2025Armenian government establishes benefit for import of 2 thousand tons of butter
... tariff preference for butter imported from EEU member countries. The procedure for distributing imported butter, as well as the forms for one-time and main licenses, were also approved. Earlier, the Eurasian Economic Commission (EEC, the executive arm of EEU) Board decided to grant Armenia an exemption from import customs duties on butter imported into the country, with a limit of up to 2,000 tons. "In order to ensure the implementation of the provisions of the decision adopted by the EEC Board, it is necessary to develop a procedure for distributing the volumes of ...
12/19/2024Iranian market will open for main part of Armenian exports: minister
... significantly. ‘Thus, in the first 8 months of 2024, the growth was only 7%, i.e. about $90-100 million,’ Papoyan said. Imports from Iran dominate the trade structure of the two countries - totalling $710 million in 2022 and $692 million in 2023,... ... twice as much as in 2018 ($363 million). According to Papoyan, the Armenian side expects that the application of zero customs duties envisaged by the agreement will open significant opportunities for the goods of the EEU countries. At the proposal of the Armenian side, the agreement also includes goods that make up the bulk of exports to Iran ...
10/25/2024Armenian government approves ratification of free trade agreement between EAEU and Iran
... market, customs regulation, competitiveness, government procurement and a number of other issues. Under the agreement, for the first time in the practice of its international trade agreements, the Iranian side enshrines a commitment to zero customs duties on imports. -0-
06/14/2024Armenian government approves agreement on unified system of customs transit of goods of EEU members and third countries
... Eurasian Economic Union (EAEU) member states and third countries at a session on Thursday. YEREVAN, March 14. /ARKA/. The Armenian government approved an agreement on a unified system of customs transit of goods from the Eurasian Economic Union (EEU) member states and third countries at a session on Thursday. The agreement is expected to create a unified system of customs declaration, ensure the application of a universal system of payment of security customs duties (for example, for alcoholic products), payment of taxes, anti-dumping and other duties, ensure the application of simplified customs control regimes for authorized customs operators, as well as the use of navigation seals for tracking cargoes. ...
03/14/2024Customs duties collection in 2023 up AMD 128 bln to AMD 529 bln
In 2023, Armenian customs bodies collected about AMD 529 billion of customs duties, which is 128 billion more than in 2022, Deputy Chairman of the State Revenue ... ... duties by 29%. "Receipts from the common budget of the Eurasian Economic Union (EEU) increased by 32%, although in 2023, Armenia sent about AMD 188 billion in customs... ...," he said. According to him, an increase in customs duties was recorded from the import of cars, computer equipment, tobacco products, alcoholic and non-alcoholic beverages...
01/12/2024In 2023 Armenia sent about AMD 140 billion in customs duties to common budget of EEU and received AMD 73 billion
In 2023, Armenia sent about AMD 140 billion in customs duties to the common budget of the Eurasian Economic Union (EEU) but received AMD 73 billion, the Chairman of the State Revenue Committee Rustam Badasyan said on Thursday. YEREVAN, January 4. /ARKA/. In 2023, Armenia sent about AMD 140 billion in customs duties to the common budget of the Eurasian Economic ...
01/04/2024Armenian government approves free trade agreement between EEU and Iran
The Armenian government approved today an agreement on free trade between the Eurasian Economic Union (EEU) and the Islamic Republic of Iran (IRI). YEREVAN, December 14. /ARKA/. The Armenian government approved today an agreement ... ... measures, dispute resolution, state procurement. With regard to agricultural products, the Armenian side proposes to zero customs duties on the goods that have export priority for Armenia and a large share in Iran's trade, in particular, mineral and carbonated ...
12/14/2023Russia and Iran agree to zero customs duties by March 2024
Russia and Iran have agreed to zero customs duties on imported goods from the two countries by March 2024. Kambiz Merkazemi, a member of the Iran-Russia Joint Chamber of Commerce, said. YEREVAN, October 23. /ARKA/. Russia and Iran have agreed to zero customs duties on imported goods from the two countries ...
10/23/2023Armenian State Revenue Committee seeks to increase 10 times state duty on exported excisable goods
... law designed by the State Revenue Committee that calls for raising the rates of state duties on exported excisable goods by 10 times. YEREVAN, October 18. /ARKA/. Armenian... ... the need to meet the requirements of the Customs Code of the Eurasian Economic Union (EEU). The state duty is charged for the provision of relevant services by customs authorities... ... increase the rates for excisable goods exported to the EEU countries and for goods imported from the member states. "Cargoes up to 1 ton will be subject to about...
10/18/2023Armenia to extend for one year duty-free imports of e-vehicles
... Thursday for one year its earlier decision that exempts imports of e-vehicles from customs duties, Deputy Prime Minister Mher Grigoryan said on Wednesday. He said the decision... ... are going to develop a more detailed regulation of the issue, which will involve also imports of hybrid cars,’ he said. In particular, he noted that the issue of disposal... ... combustion engines. He said also that if production of electric cars is launched in the EEU, it will be difficult to maintain benefits in the future. -0-
09/14/2023Permanent driving of cars with foreign license plates will be restricted in Armenia –SRC
... of cars with foreign license plates will be restricted in Armenia, Chairman of the State Revenue Committee (SRC) Rustam Badasyan said on Friday. He said this principled position is in line with the rules established for the Eurasian Economic Union (EEU) member countries and also in line with the principle of equality of all before law. 'A citizen A buys a car paying all customs duties and VAT, and at the same time, another citizen B imports a car (largely from the neighboring Georgia) without any payments. It's wrong to allow such inequality against bona fide buyers," Badasyan told reporters. He said that cars of Georgian citizens who come to Armenia for recreation or business ...
09/08/2023Some AMD 34.3 billion transferred to Armenia from EEU countries as customs duties in first half of 2023- SRC
Customs duties transferred to Armenia from the Eurasian Economic Union (EEU) member states in the first half of 2023 totaled AMD 34.3bln, the State Revenue Committee of Armenia reported. YEREVAN, July 6. /ARKA/. Customs duties transferred to Armenia from the Eurasian Economic Union (EEU) member states in the first half ...
07/06/2023Armenian authorities want to slow down excise tax growth on tobacco products and strong alcohol
Armenian parliamentary committee on economic issues approved today a government's draft law on slowing down the growth of excise duties on tobacco products and strong alcoholic beverages. YEREVAN, June 9. /ARKA/. Armenian parliamentary committee on ... ... time, the excise duties on other exciseable goods will grow faster. Thus, in compliance with the Eurasian Economic Union's (EEU) strategy, Armenia in the past three years has increased (excise) rates on spirits by 30% per year, and on cigarettes - by ...
06/09/2023EEU will be able to invest $1 billion in industrial cooperation projects in 5 years - Minister Kamalyan
A set of amendments to the Treaty on the Eurasian Economic Union (EEU) approved by the heads of member states at a May 25 meeting of the Supreme Eurasian Economic Council, the Eurasian Economic ... ... interest rates to banks. The budget will be generated based on assessed contributions from special, anti-dumping and countervailing duties and will amount to around USD 20 million a year. In five years, that will allow to fund projects totaling up to USD 1 billion,...
06/08/2023Armenia received 28 billion drams less in 2022 from common EEU customs budget- Finance Minister
... Hovhannisyan said on Monday. YEREVAN, June 6. /ARKA/. Armenia received 28bln drams less in 2022 from the common Eurasian Economic Union's customs budget than in 2021, Armenian Finance Minister Vahe Hovhannisyan said on Monday. He said the customs duties received totaled 56.6bln drams, down from 84.8 billion drams in 2021. According to the minister, the drop resulted from the overall fall in imports in the Eurasian Economic Union in 2022. ($1 - 387.28 drams). --0--
06/06/2023Armenia ratifies free trade agreement between EEU and Singapore
... February 10. /ARKA/. The Armenian National Assembly has ratified today a free trade agreement between the Eurasian Economic Union (EEU) and Singapore. Armenian Economy Minister Vahan Kerobyan said the agreement is to create a favorable environment and conditions ... ... years, for another 2,201 products - in 7 years and for 716 more products in 10 years. Singapore, in turn, will not to apply import duties to all goods produced by Eurasian Economic Union member states.-0-
02/10/2023Direct investment in Armenia's economy grows almost five-fold in 2022 – EEC
Direct investments in the economies of the Eurasian Economic Union (EEU) member states have significantly increased in 2022, according to the head of the Eurasian Economic Commission (EEC) Mikhail ... ... attention to supporting business. In particular about 1.3 thousand different commodity items were exempted from the customs duties in the union, which indirectly supported entrepreneurs for about $2 billion. According to the National Statistical Committee ...
12/08/2022Iran to launch joint car production line in Armenia
... According to him, all Iranian cars exported to Armenia are fully manufactured by Iran Khodro Industrial Group (IKCO). He said Armenia has ordered about 200 vehicles. Payman-Pak pointed out that Armenia is one of the members of the Eurasian Economic Union (EEU) that does not pay any trade duties within the union. "Appropriate opportunities have been created for Iran to export quality vehicles to the markets of the Eurasian Economic Union," he added. --0-
10/17/2022Russian State Duma allows sale of goods in duty free stores to those flying from Russia to EEU countries
... buy goods in duty-free stores, but a Russian law prohibited the sale of duty free goods to passengers departing from Russia to EEU member states. Possibility of buying goods is an important element of a comfortable trip for a tourist, said the head of the Association of Tour Operators of Russia Maya Lomidze.... ... them to increase revenue amid falling international traffic and passengers will be able to buy cheaper goods without customs duties. Later, the Federal Customs Service said that opening of duty free stores for passengers who fly within Russia will lead ...
06/16/2022Armenia has not yet received its share of customs duties from Eurasian Economic Union's common budget
Armenia has not yet received its share of customs duties from the Eurasian Economic Union's (EEU) common budget, the head of the State Revenue Committee Rustam Badasyan told reporters on Wednesday. YEREVAN, May 18. /ARKA/. Armenia has not yet received its share of customs duties from the Eurasian Economic Union's (EEU) common budget, the head ...
05/18/2022Dmitry Volvach: elimination of barriers among EEU member countries could have economic effect of up to $21 billion
Elimination of barriers among the Eurasian Economic Union’s (EEU) member countries could have an economic effect of up to $21 billion, Russian Deputy Minister of Economic Development Dmitry ... ... according to TASS. "Elimination of barriers through the synchronization of national regulations, the abolition of customs duties, the establishment of uniform requirements for products, mutual recognition of permits has a concrete quantitative expression,...
01/14/2022EEC cancels import customs duty rates on a string of goods for 2 years
The Eurasian Economic Commission (EEC) Board, the executive arm of the Russia-dominated Eurasian Economic Union (EEU), said it has cancelled import customs duties on several groups of goods for a two-year period, starting from January 2, 2022, TASS reported with reference to the EEC. YEREVAN, October 29. /ARKA/. The Eurasian Economic Commission (EEC) Board, the executive arm of the Russia-dominated Eurasian ...
10/29/2021Kazakh Senate approves phased integration of customs duties in Armenia and Kyrgyzstan with EEU's Single Customs Tariff rates
The Senate (upper house) of the Kazakh parliament approved on May 12 several draft laws designed to ensure the phased integration of customs duties in Armenia and Kyrgyzstan with the rates of the Single Customs Tariff of the Eurasian Economic Union (EEU), TASS reported. YEREVAN, May 13. /ARKA/. The Senate (upper house) of the Kazakh parliament approved on May 12 several draft laws designed to ensure the phased integration of customs duties in Armenia and Kyrgyzstan with the rates of the Single ...
05/13/2021Armenian car imports slash dramatically in 2020
... mainly from the USA, down from 189,000 imported in 2019, Mnatsakan Sharafyan, a senior official at the State Revenue Committee, told a news conference today. After Armenia joined the Russian-led Eurasian Economic Union in 2015, it had to apply higher import duties in line with EEU regulations. It was granted temporary exemption from higher customs duties for around 800 types of goods until January 1, 2020. The tariff increase was particularly sharp for the import of second-hand cars from other than EEU countries. Armenian car ...
02/19/2021Armenian customs officers thwart attempts of import of banned Turkish goods
Armenian customs officers have thwarted a series of attempts to import Turkish goods, banned by the government late last year, a senior official at ... ... more times again for 6 months. He said under the rules of the Eurasian Economic Union (EEU), a member country can apply unilateral temporary customs privileges and prohibitions... ... starting to reorient their businesses and import goods from China. And this means that the duties will be collected anyway,” Sharafyan said. According to him, the bulk of imports...
02/19/2021Economist calls for revision of Armenia's economic policy
... gradually enforce. "Armenia is a member of the World Trade Organization (WTO), but we can protect ourselves by raising customs duties, coordinating them with the WTO. No need to sit and wait, we must act," Tavadyan said. 1. The problem of "expensive" ... ... preserving clear democratic principles, to use elements of administrative management for our economy to develop," he said. 5. EEU and its capabilities Tavadyan considers it important to take full advantage of the opportunities provided by Armenia's membership in the Russia-led Eurasian Economic Union....
01/31/2021Agreement on Free Trade Zone between EEU and Singapore will enter into force in 2021
... force in 2021, Armenian Minister of Economy Tigran Khachatryan said today. According to the minister, this direction will yield tangible results next year. "According to the agreement, Singapore has undertaken in principle not to apply customs duties when importing all goods included in the EEU list," Khachatryan said. On October 1, 2019, Armenia and Singapore signed an Agreement on Services, Trade and Investment. On the same day, an agreement was signed in Yerevan between the Eurasian Economic Union (EEU) and Singapore on the creation ...
11/05/2020Import customs duties of EEU member states grew by 0.4$ billion in 2019
... by 0.4 billion from 2018 to $12.7 billion, according to an EEU report that was approved today by the EEU intergovernmental council's meeting in Yerevan. During the meeting, the members of the intergovernmental council approved the distribution of the import duties among the EEU member countries, however, the amounts by country were not indicated. "In 2019, there was an increase in revenues of member countries collected as import customs duties, which was first done in 2017. The total amount of import customs duties ...
10/09/2020Armenian parliament ratifies protocol to EEU treaty, which extends preferential customs duties for another 12 months
... Union (EEU) treaty, which extends the period of preferential customs duties on import of goods from third countries for 12 months. YEREVAN, May 27. /ARKA/. On Wednesday, Armenia's National Assembly ratified a protocol to the Eurasian Economic Union (EEU) treaty, which extends the period of preferential customs duties on import of goods from third countries for 12 months. Deputy Economy Minister Varos Simonyan recalled that after joining the Eurasian Economic Union in 2015, Armenia was allowed to import some 930 types of goods at previous customs duties for a period of ...
05/27/2020Customs duty rates for imports of “sensitive” goods to Armenia and other EEU member countries will be zeroed
... The deputy minister said as for butter and chicken meat, if the EEU countries can meet mutual needs, then customs rates for import of these goods will not be nullified. He said otherwise zero rates would damage their domestic producer. He also recalled ... ... year until January 1, 2021. "The previous rates will be valid for Armenian companies, which are lower than the customs duties applicable in the territory of the EEU and Armenia is in a better position in this situation," Simonyan said. --0--
04/07/2020Armenia to continue enjoying preferential customs duties on a long string of imported goods
... throughout 2020, Deputy Prime Minister Mher Grigoryan said at a government meeting on Thursday. He added that as a result Armenian importers will save $30 million. Today the government approved a protocol on incorporating a set of amendments to the agreement on Armenia's accession to the Eurasian Economic Union (EEU). The document contains the list of exemptions, in particular, preferential customs duties for 930 items of goods for the period from 2015 to 2020. "In December 2019, the prime minister reached an agreement ...
02/27/2020In 2019, Armenia paid 63.4 billion drams in customs taxes to EEU budget, and received 75.4 billion drams
... drams, the deputy head of the State Revenue Committee Shushanik Nersisyan told a press conference on Friday. According to the EEU's customs regulations, when distributing the aggregate customs duties among member states Armenia's share is 1.22%, that of Belarus is 4.56%, Kazakhstan's share is 7.055%, Kyrgyzstan's is 1.... ... and that of Russia is 85.265%. Nersisyan noted that during 2018-2019, Armenia's payments were growing because of the rise in imports. "This indicates our strengthened administration and honest relations with EEU partner countries," she said....
02/14/2020Car prices in Armenia may drop dramatically in the coming months
... Armenian and Kazakh authorities were looking into ways to resolve a problem that has emerged because of tens of thousands of vehicles imported from Armenia with Armenian license plates. Until January 1, 2020, Armenia had enjoyed preferential customs duties on imports of vehicles, which were significantly lower than those in other member countries of the Eurasian Economic Union (EEU). Due to the lack of a database of vehicles registered in Armenia, it took Kazakh authorities a long time to establish the person driving these cars in Kazakhstan. According to the Kazakh Ministry of Internal Affairs, some 170,000 vehicles were imported ...
02/04/2020Armenia is negotiating extension of preferential customs duties on imports of some 900 items of goods
Armenia is negotiating with the Eurasian Economic Union (EEU) an extension of preferential customs duties on imports of some 900 items of goods, which it had enjoyed until 2020, Armenian Deputy Prime Minister Mher Grigoryan told ARKA news agency YEREVAN, February 1. /ARKA/. Armenia is negotiating with the Eurasian Economic Union (EEU) an extension of preferential ...
02/01/2020Armenia and Kazakhstan discuss situation with imported vehicles with Armenian license plates
... license plates, Armenia's Deputy Prime Minister Mher Grigoryan told ARKA news agency in Almaty, Kazakhstan, after a session of the Eurasian Economic Union's Intergovernmental Council. Until January 1, 2020, Armenia had enjoyed preferential customs duties on imports of vehicles, which were significantly lower than those in other member countries of the Eurasian Economic Union (EEU). Due to the lack of a database of vehicles registered in Armenia, it took Kazakh authorities a long time to establish the person driving these cars in Kazakhstan. According to the Kazakh Ministry of Internal Affairs, some 170,000 vehicles were involved ...
02/01/2020More than 189,000 vehicles imported to Armenia in 2019
... the import of as many as 189,000 vehicles generated about 95 billion drams in customs duties, by 58 billion drams more than in 2018. He also said that the car customs clearance... ... year managed to handle all the customers. According to Ananyan, a certain level of car import will continue, however, the business-oriented activities of some citizens will... ... effective on January 1, 2020. Unlike other members of the Eurasian Economic Union (EEU), Armenia enjoyed a preferential regime until December 31, 2019 due to which the...
01/13/2020Top five financial laws and decisions that enter into force in 2020
... in Russia and other EEU countries it was 22 euros. In fact, from January 1, a similar rate applies to Armenia as well. Now and after 2020, the owners of vehicles will pay environmental tax End to preferential imports Since January 1, 2020, customs duties have increased on 900 items of goods imported to Armenia from third countries as part of the transitional arrangements that were reached after the country joined the EEU. According to the Ministry of Economy, the list includes 293 names of vehicles, as well as a number of essentials. According to the ministry, the impact of changes in customs rates on inflation will be 0.5 percentage points. The list of goods, on ...
01/13/2020Citizens of Armenia are not ready for rise in prices of a long list of essential goods
... ready to bear the brunt of anticipated rise in the prices of a long list of essentials, effective from January 1, 2020, Marina Arakelyan, director of the Center for Economic Development Initiatives, said at a news conference on Tuesday. The customs duties on 900 items of goods imported to Armenia from third countries (not from the countries, which are members of the Eurasian Economic Union, EEU ) will increase from January 1, 2020 under EEU regulations. Earlier, the Ministry of Economy of Armenia said the list includes 293 names of vehicles, as well as a number of staples, particularly, poultry meat, frozen beef, rice, vegetable oil and ...
12/17/2019Three Armenian companies pledge to invest 2 billion drams in output expansion
... clothes are to be sold in Armenia, and the rest in Russia and other countries, which are members of the Eurasian Economic Union (EEU). The second company, ANIPLAST LLC, is exempted from paying customs duties, since it pledged to invest 1.4 billion drams in the production of film for packaging food products and create 20 new jobs. The third company, which received customs privileges for the import of equipment and raw materials is Ariko-Gor CJSC. It intends to invest 457 million drams in the production of notebooks ...
09/12/2019Armenia and Serbia to have free trade regime
The Armenian government has approved today a draft agreement on a free trade regime between the Eurasian Economic Union (EEU) and Serbia. YEREVAN, September 5. /ARKA/. The Armenian government has approved today a draft agreement on a free trade ... ... Kyrgyzstan, according to Khachatryan. He said the agreement provides for preferential trade regime, mutual trade without customs duties and a list of exemptions for a separate list of goods. --0—
09/05/2019Iran ratifies free trade agreement with Eurasian economic union
... YEREVAN, June 10. /ARKA/. The parliament of the Islamic Republic of Iran has ratified today an agreement to create free trade zone with the Eurasian Economic Union (EEU). A provisional agreement to create a free trade zone between Iran and the EEU was signed in May 2018, Russian news agency TASS reported. Under the provisional agreement, customs duties on imports of a wide range of goods are to be cut and removed. The provisional arrangement is to last for three years before to translate into a full-fledged deal. The provisional agreement had been signed by Russia and other members of the Eurasian Economic ...
06/10/2019Iran expected to sign agreement on interim free trade zone with EEU later this summer
Iran is expected to ratify an interim agreement on the creation of a free trade zone with the Eurasian Economic Union (EEU) later this summer, Armenian Minister of Economy Tigran Khachatrian said today during a parliamentary discussion on the execution ... ... stressed that the agreement clarified one of the main contentious issues: in many cases, three-quarters of the current customs duties were significantly reduced. "This agreement is envisaged for a transitional period, and the next stage of deeper cooperation ...
06/06/2019Jermuk group to invest 363 million in expansion of output
... Tigran Khachatryan said at a government meeting today. He said this in mind the government awarded the company a set of customs duties benefits for the import of equipment, components and raw materials. The minister said the company has been operating since 1999 employing currently ... ... supposed to be worth 756 million drams, of which 30 million drams worth products will be sold in Armenia and the rest in the EEU and other countries. He said last year the company paid a total of 1 billion 260 million drams in taxes. ($ 1 - AMD 479.64)....
05/23/2019Armenian parliament ratifies agreement on trade and cooperation between EEU and China
... and entrepreneurship. He said the agreement does not provide for the cut in customs duties, and the main focus is placed on cooperation in trade protection and provision... ... deepening of cooperation. "Ratification of the document will make it easier for the EEU member countries to enter the Chinese market, simplify documentation and trade procedures... ... amounted to $771 million. China is one of the largest trade partners of Armenia. Chinese imports to Armenia in 2018 stood at $663 million, while Armenian export were worth $107...
04/23/2019Parliament members call for revision of EEU requirement for customs clearance of imported cars
Armenian parliament members called today for revision of import duties on cars, which are set to come into force from January 1, 2020 to meet a requirement established for all members of the Russia-led Eurasian Economic Union (EEU). YEREVAN, April 22. /ARKA/. Armenian parliament members called today for revision of import duties on cars, which are set to come into force from January 1, 2020 to meet a requirement established for all members of the Russia-led Eurasian Economic Union (EEU). On January 1, 2020, the rules for customs clearance of cars imported from non-EEU ...
04/22/2019EEU members to benefit from trade agreement signed with Iran, Armenian minister says
... Economic Development and Investments Tigran Khachatryan said members of the Eurasian Economic Union (EEU), including Armenia, will benefit greatly from a trade agreement signed by Iran and the bloc last year. He said the agreement will abolish or lower import duties for around 300 types of products traded between Iran and EEU members. According to the Armenian Service of the RFE/RL, Khachatryan said the preferential trade agreement with Iran has been ratified by Russia, Kyrgyzstan and Belarus and will soon also be ratified by Armenia. “Iran’s simplified trade agreement ...
03/05/2019Import of goods to Armenia by individuals increases
... by individuals, which are exempt from import (customs) duties and taxes has increased, the State Revenue Committee said. YEREVAN, September 17. /ARKA/. The amount of goods imported to Armenia by individuals, which are exempt from import (customs) duties and taxes has increased, the State Revenue Committee said. It said the import has grown after Armenia made its relevant standards comply with those effective across the Eurasian Economic Union (EEU), of which it is a member. According to the State Revenue Committee, imports both from the EEU member as well as other countries have grown. In particular, have grown the volumes of imported poultry, trees, coffee and tea, cocoa, alcoholic and non-alcoholic ...
09/17/2018ML Mining to invest 2 billion drams in production of building materials
... YEREVAN, January 25. /ARKA/. The government of Armenia has decided today to exempt ML MINING company from the payment of customs duties on the import of technological equipment and raw materials. The decision is based on the company’s pledge to invest 2 billion drams ... ... is to be sold in Armenia, and the rest is to be exported to Russia and other member countries of the Eurasian Economic Union (EEU). The company was said to create additional 30-50 jobs with an average wage of 150 thousand drams. ML MINING LLC was founded ...
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