ARMENIA EGG PRODUCTION TO STOP AFTER CU ACCESSION? – NEWSPAPER

February 05, 2014 | 08:38

YEREVAN. – An interesting dialogue took place, at the National
Assembly, between MP Artsvik Minasyan and chairman Artak Shaboyan
of the Armenian State Commission for the Protection of Economic
Competition (ASCPEC), Haykakan Zhamanak daily reports.

“To the MP’s query as to how is it thatArmenia, which used to export
eggs several years ago, became a country that imports eggs, Shaboyan
made a remarkable revelation.

“‘The fodder is a large component of the cost price in egg production.

The fodder is imported from Ukraine. And this is the reason that the
importing of the finished products becomes beneficial in some cases,’
Shaboyan said.

“A sad picture appears from Shaboyan’s response as to what will happen
whenArmenia becomes a member in the [Russian-led] Customs Union [CU].

Ukraine is unlikely to become a Customs Union member.

“According to the report prepared by the Armenian Ministry of Economy,
once becoming a CU member, 5 to 7.5 percent customs duty will be
added if the fodder for the animals is imported from non-CU member
countries,” Haykakan Zhamanak writes.

News from Armenia – NEWS.am

From: Emil Lazarian | Ararat NewsPress