GSP+ to raise Armenian commodities competitiveness in European markets

PanARMENIAN.Net - The purpose of a practical course held in Armenia on Friday is familiarization with advantages of GSP+ system implemented in the framework of TAIEX, the Technical Assistance and Information Exchange Instrument of the Institution Building unit of Directorate-General Enlargement of the European Union, RA Deputy Economy Minister Vahe Danielyan said.



"This is a complicated structure consisting of ad valorem tax and tariff elements. It will help raise competitiveness of Armenian commodities in European markets," he said, adding that much work has been done to bring the quality of Armenian goods in line with European standards.



To participate in GSP+ system, Armenia joined 27 EU conventions.



"We should be consistent and responsible, since GSP+ is reviewed once in 3 years," Danielyan said.