Free Trade Zone

FREE TRADE ZONE

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[06:46 pm] 27 November, 2008

The government approved the concept to create a free trade zone
in the vicinity of "Zvartnots" airport. According to the concept,
agriculture must develop through industrialization of agriculture
and the production-reprocessing-market chain, which will provide the
opportunity to increase profits for rural economies.

"This is a very important initiative in that those making concessions
agree to and are ready to support and participate in the implementation
of the program. It is our job to speed up the process because support
for the concept and the creation of new incentives for agriculture
in 2009 will be essential for Armenia. If we start this program as
soon as possible, it may create a more favorable environment for
investments. I also think that there should be public awareness of
this plan because we are creating a free trade zone in Armenia,"
said Armenian Premier Tigran Sargsyan.

Bill was urgent

The government also passed a bill for reforms and additions to the RA
law on "Rallies". The need for this bill is connected to the purpose
of revealing public opinion on issues of state importance; securing
public participation in decision-making processes, as well as making
the propositions stated in the RA law on "Rallies" correspond to the
requirements of the RA Electoral Code. The passing of this bill was
considered urgent.