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Sugar Importers In Armenia To Be Inspected

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  • Sugar Importers In Armenia To Be Inspected

    SUGAR IMPORTERS IN ARMENIA TO BE INSPECTED

    arminfo
    Thursday, April 7, 20:29

    The Monitoring Group of the State Commission for Protection of
    Economic Competition (SCPEC) has registered upward trends in sugar
    price recently.

    According to the official website of the Commission, a decision was
    adopted to launch inspections. The Commission will demand importer
    and producer companies to report on their activity and substantiate
    the rise of prices.

    To note, the monopoly importer of sugar in Armenia are the companies
    of Samvel Aleksanyan, a businessman-parliamentarian, who also built
    a sugar production company in Shirak region and even launched export
    of this program earlier this year.

    Earlier in February Armenian Prime Minister Tigran Sargsyan promised
    to use all levers to ensure stability in the consumer market and stop
    discriminations in the sugar market.

    In the meanwhile, the "silent" mess around the sugar prices is
    continued. There are rumors that sugar price may total 2 dollars
    per kg.

    In 2010 sugar import in Armenia totaled 97.7 thousand tons, which
    was 50.8% higher than a year ago.




    From: A. Papazian
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