ArmInfo. Duty Free will open on the territory of Bagratashen customs point, the relevant decision was taken at the government's session on December 29.
Minister of Territorial Administration and Development David Lokyan informed that Duty Free zone will be built on the area of 280 square meters on the territory of Bagratashen checkpoint. To note last year the Armenian parliament adopted amendments to the Law On VAT, which envisaged changes in the work of Duty Free shops in the country.
Deputy Minister of Economy of Armenia Garegin Melkonyan noted that the amendments were made to ensure equal conditions for shops trading duty free in the country. The amendments envisage opening of Duty Free shops on the territory of land control checkpoints, prior to these amendments only airports had duty free shops. The proposal on making amendments was made by Duty Free Alliance Company, which based on the government's decision conducts relevant activities on the checkpoint in Meghri checkpoint. The company plans to invest 1 mln EUR in construction and technical equipment of the checkpoint on the border with Georgia.