Tuesday, July 2 2024 11:51
Alexandr Avanesov

Powers of Armenia`s Economic Competition Protection Commission to be  expanded 

Powers of Armenia`s Economic Competition Protection Commission to be  expanded 

ArmInfo.Chairman of the Commission for the Protection of Competition of the Republic of  Armenia Gegham Gevorgyan spoke at a meeting of the intergovernmental group on legislation and policy in the field of consumer protection of the United Nations Conference on Trade and Development (UNCTAD) in  Geneva.

According to the press service of the Commission, in his speech  Gevorkyan noted that key work is currently being carried out to  expand the powers of the department in order to create a more  effective and comprehensive system for protecting the interests of  consumers in Armenia. In particular, the RA legislation is being  brought into line with the standards of the European Union within the  framework of the Comprehensive and Enhanced Partnership Agreement  (CEPA).

In this context, the head of the CPEC emphasized the importance of  cooperation with international partners:  the United Nations  Conference on Trade and Development (UNCTAD), the International  Consumer Protection and Law Enforcement Network (ICPEN), of which the  Commission became a partner last year, the Organization for Economic  Co-operation and Development to developing legislative provisions in  accordance with international best practices for consumer protection.