Armenia to implement subsidy program for real fruit vodka  production  

ArmInfo.The Commission for Protection of Competition (CPC) of Armenia has proposed to introduce  a program to subsidize the production of fruit vodka to support legitimate economic entities that will adhere strictly to established standards.

As reported by the press service of the CPC, this initiative was  developed after analyzing the impact of the 2023 legislation  amendments. These changes include increasing the excise tax rate on  fruit vodka, to align it with the rates set for other types of vodka,  aiming to prevent unfair competition.  "The participants in the  discussion approved the submitted proposal and reached an agreement  that the Ministry of Economy will promptly develop a draft government  resolution," the CPC stated.  Representatives from the State Revenue  Committee, the Ministry of Economy, and the Ministry of Finance  participated in the discussion.