GSP+ To Raise Armenian Commodities Competitiveness In European Marke

GSP+ TO RAISE ARMENIAN COMMODITIES COMPETITIVENESS IN EUROPEAN MARKETS

/PanARMENIAN.Net/
31.07.2009 11:51 GMT+04:00

/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.