Karine Minasyan: The share of counterfeit products in Armenia  decreased by 30-40%

ArmInfo. In terms of the effectiveness of the fight against counterfeit products, Armenia is one of the most successful countries in the Eurasian Economic Union  (EAEU). This was announced on November 12 on the sidelines of the  international forum "Anti- Counterfeiting-2019" to the Minister of  Internal Markets, Informatization, Information and Communication  Technologies of the Eurasian Economic Commission (EEC) Karine  Minasyan.

According to her, more than 250 items of goods are marked in Armenia.  As a result of tight control and the introduction of a new market  assessment system, the share of counterfeit products in the country  decreased by 30-40%. Moreover, continued Karine Minasyan, the largest  volume of counterfeit products in the country falls on light  industry.

The Minister recalled that the Eurasian Economic Commission discusses  two of the most serious mechanisms - traceability and labeling of  goods, and in this regard, it is important to create a single system  that will allow businesses to penetrate each other's markets without  additional obstacles. According to Karine Minasyan, electronic  international trade in Armenia is growing very fast, and over three  years, international parcels have grown 10 times, as a result of  which the consumer is not protected from counterfeit products coming  from global international markets. It often comes to the fact that  the customer receives a particular product of a different quality.  "It is important to create such a system so that relations at the  EAEU level are built like platforms like Alibaba, Amazon, etc.,"  Karine Minasyan concluded.  To note, the Chinese Alibaba Group  Holdings Ltd. set a new sales record on the tenth anniversary of the  sale on the occasion of the Lonely People Day (or Bachelor's Day),  which is celebrated in China on November 11. However, the growth rate  was the lowest in the history of this shopping festival. The volume  of goods sold on Alibaba platforms on this day reached $ 30.8  billion, which is 21.7% higher than the figure recorded a year  earlier, the company's blog said. In 2017, sales increased by 39%.  The 2017 sales record ($ 17.8 billion) was broken a few hours before  the end of the first day of the sale. In the first 85 seconds of the  sale, goods worth $ 1 billion were sold at the company's sites, and  by the end of the first hour - almost $ 10 billion, BBC reports.  To  recall, on November 12 - 13 the 7th international forum  "Anti-Counterfeiting - 2019" is held in Yerevan, devoted to the  problems of counteracting the illicit trafficking of industrial  products, including the protection of intellectual property rights.