Thursday, July 25 2024 15:04
Alina Hovhannisyan

Economic Competition Protection Commission defends Armenia`s farmers

Economic Competition Protection Commission defends Armenia`s farmers

ArmInfo.  The Commission for the  Protection of Competition (CPC) has stood up for farmers. From now  on, if enterprises purchasing agricultural products fail to fulfill  their financial obligations to farmers within 30 days, proceedings  will be initiated against the latter. CPC press secretary Ani  Smbatyan reported this on her Facebook account. 

In particular, according to her, this decision was made in February  of this year and entered into force in early May. It is noteworthy  that since the adoption of the law, the debt to farms has already  been repaid in the amount of 850 million drams, and proceedings have  been initiated against 8 economic entities for failure to fulfill  their obligations.

"We call on farms that supplied agricultural products to companies  and did not receive the payments due for this within 30 calendar days  to contact the Commission for the Protection of Competition>,  Smbatyan noted. Violations can also be reported online through the  website www.competition.am , by writing to the e-mail address  [email protected] or by sending a letter by mail.