Turkey will be Armenia's trade partner like other countries of the region
Turkey will be Armenia's trade partner like other countries of the region, deputy head of State Income Committee Armen Alaverdyan said.
"So long as both Armenia and Turkey are WTO members, Armenia can't set any different customs of tax rules on Turkey. As to customs administration, we should carry out a great deal of work before opening checkpoints," he told a news conference on November 3.
Commenting on fears that Turkish goods will flood Armenian market, Alaverdyan said the local market will admit as many goods as it can. "If goods are too many prices will fall, as result," he said.
Alaverdyan also informed that the budget was replenished with AMD 427,9 billion. "Returns decreased by 16% due to the economic crisis," he said.
"So long as both Armenia and Turkey are WTO members, Armenia can't set any different customs of tax rules on Turkey. As to customs administration, we should carry out a great deal of work before opening checkpoints," he told a news conference on November 3.
Commenting on fears that Turkish goods will flood Armenian market, Alaverdyan said the local market will admit as many goods as it can. "If goods are too many prices will fall, as result," he said.
Alaverdyan also informed that the budget was replenished with AMD 427,9 billion. "Returns decreased by 16% due to the economic crisis," he said.
