Was Solution Fair?

WAS SOLUTION FAIR?

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[02:00 pm] 05 May, 2008

The State Commission for Protection of Economic Competition (SCPEC)
has suspended the administrative process launched on the basis of the
appeal of the "Pares Armenia" Company. "Pares Armenia," the distributor
of "Philip Morris" International, had appealed to the SCPEC to lift
the ban on excise stamps imposed by the Customs Committee.

The SCPEC had requested additional documents from the company and
elucidation from the Customs Service.

According to the company’s notification, the Customs Committee
refused to provide excise stamps because the term of the agreement
is not clear from the corresponding agreement. According to the same
notification, afterwards the company imported another two consignments
of cigarettes to Armenia, paid duties and the products were declared
but according to the company, the customs committee was not issued,
and the ban was not lifted.

The Customs Committee informed the SCPEC that the design of boxes
of cigarettes did not comply with the law on advertisement. The
committee has inquired with the relevant bodies, and the process will
be determined by their conclusion. At the same time, considering
that the problem requires time, the company was allowed to get the
consignment of cigarettes at the customs service. Since the problem
raised by the company has been solved, the SCPEC suspends the process,
the SCPEC reports.

By the way, several days ago an agreement was reached to sell the
shares of "Pares Armenia" held by the Sukiassian family to the
"Sovrano" Company. Philip Morris cigarettes are already sold at shops.

From: Emil Lazarian | Ararat NewsPress

Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

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Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS