Friday, December 8 2023 19:52
Alexandr Avanesov

Armenia, WB close to signing $150 million loan program for  20  tourism clusters formation - Kerobyan

Armenia, WB close to signing $150 million loan program for  20  tourism clusters formation - Kerobyan

ArmInfo. The Armenian authorities intend to implement a radical reform in the tourism  sector. At the plenary session on December 8, the National Assembly of the Republic of Armenia is discussing in the first reading the draft law "On Tourism" and a package of related laws.

The minister noted that the legislative initiative regulates the fundamentals of  state policy in the field of tourism, the requirements for persons  engaged in tourism activities, the implementation and protection of  the rights to recreation, travel, free movement of citizens, the  conclusion, execution and termination of a tourism package of  contracts.

Kerobyan emphasized that the law regulates such concepts as visitor,  tourist, tourist from the Diaspora, association of persons providing  tourism services, inbound and outbound tourism, tourism package,  tourism package agreement, launch of a tourism package, tourism  resources, tourism result (product) , tour operator, inbound travel  agent, domestic travel agent, outbound travel agent and other basic  concepts.  The minister said that Armenia and the World Bank are  close to signing a major loan agreement aimed at establishing 20  tourism clusters, for which about 150 million will be attracted.