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GSP+ another opportunity for Armenia for resisting the global crisis

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  • GSP+ another opportunity for Armenia for resisting the global crisis

    GSP+ another opportunity for Armenia for resisting the global crisis
    10.03.2009 14:28

    Hasmik Dilanyan
    `Radiolur'

    Notwithstanding the global financial crisis, Armenian businessmen
    register new achievements in the European community. From January 1st,
    2009 they have an opportunity to benefit from the GSP+ system. It
    offers prospects for exporting 6 thousand types of products to the
    European Union without paying customs duties. `If we manage to export
    at least 150 types of products from Armenia without paying custom
    duties, it will be a new drive to our economy,' President of the Union
    of Businessmen of Armenia Arsen Ghazaryan declared.

    It's worth mentioning that not every country gains an opportunity to
    benefit from the GSP+ system. For that the country should be
    developing, and implements the requirements of certain international
    conventions. `Today it's still hard to calculate how much the exports
    will grow,' Director of the `Grigoryan and Partners' Company Gagik
    Gabrielyan said.

    `It's impossible to make exact calculations, since it depends on our
    exporters and businessmen. The exports are complicated not only by
    customs duties, but also procedures. Much depends on how the
    opportunities will be used,' Mr. Gabrielyan said.
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