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Government Issues AMD 26 Million Customs Waiver to Jermuk Group

The Armenian government today issued an AMD 26 million import customs waiver to Jermuk Group, a company owned by former National Assembly MP Ashot Arsenyan.

The company plans to import AMD 280 million (US$587,000) in equipment from Sweden and Germany.

Jermuk Group is Armenia’s largest producer of mineral and natural spring water.

The government issued a 34 million dram waiver to the company in May.

Comments (1)

gabe korajian
Good idea. Private business has to be encouraged in Armenia.

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