Export facilitation discussed in Yerevan

PanARMENIAN.Net - Head of Armexpertise OJSC Georgy Nanyan said that the policy pursued by Armenia’s Ministry of Economy does not promote development of small and medium enterprises (SME) in the country.

“And the Armenian President gave relevant assessment of Economy Minister Nerses Yeritsyan’s activity,” Nanyan said on December 17.

According to him, the Ministry is against differentiation of the tax duty for the obtainment of an expertise conclusion set at AMD 15,000 both for SME and large enterprises.

Based on this expertise, enterprises get a certificate for export implementation. “But large enterprises get huge profits compared to this sum,” he said.

Nanyan reported that Armexpertise OJSC operates for 8 years, during which it has issued over 50,000 conclusions of conducted expertise.

Export stimulation was discussed in Yerevan. The discussion, led by Chairman of Yerevan Chamber of Commerce and Industry Andranik Alexanyan, brought together representatives of various fields of economy: agriculture, diamond cutting and trade.

 Top stories
Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”.
Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision.
The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision.
Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.
Partner news
---