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The State Economic Policy of the Republic of Armenia in the field of improvement of competitive environment and market protection is aimed at  bringing existing legislation of concerned field in compliance with the international standards, exercising effective control over the adherence to the legislation on the protection of competition, revelation of the existing problems, drawing up proposals on elimination of this problems, protecting domestic producers and consumer rights, ensuring an appropriate environment for fair competition and preventing of anti-competitive practices;
 
Basic principles in the field of improvement of competitive environment and protection of market of the Republic of Armenia are

  • ensuring the fair trade and free market
  • application of non discriminated and  transparent legislation
  • ensuring the application of WTO rules and principles
  • promotion of reforms  in the  related field

As a result of the consecutive economic policy of the Government of RA Armenia became a member of the World Trade Organization /WTO/, on 2003 which is of a huge importance to our country for effective integration to the world economy, neutralization of the negative influence of restrictions of domestic market, as well as, resistance to adverse foreign influence, if necessary.  Becoming WTO member, let it possible domestic producers to enter into new markets and participate in international competition and apply “protection” measures by the country, if necessary. The WTO agreement  on safeguard measures is the base for other state for prohibition of ¦grey area§ measures /export restriction, system of monitoring of export prices, export and import control, obligatory import cartels, system of licensing of export and import etc/.

For establishment and improvement of necessary legal base for liberal market economy development and competitive environment  formulation in the Armenia  the hereinafter laws was adopted by the Government of the Republic of Armenia before the membership.

The law on protection of economic competition of the Republic of Armenia /Adopted on November 6, 2000/. This  law defines the relations within market parties related to the unfair competition. Pursuant to this law for the protection of economic competition of the Republic of Armenia the State Competition Commission was established. The main tasks of the Commission are follows: to protect and promote the economic competition, to ensure an appropriate environment for fair competition, prevention and restriction of anti-competitive practices.
The law on protection of domestic market /safeguard Measures/ of the Republic of Armenia /Adopted on 18 April, 2001/. This law determines the relations concerned to application of safeguard measures on the import of products into the territory of the Republic of Armenia.

The law on anti-dumping and countervailing measures of the Republic of Armenia /Adopted on 19 June, 2002/. This law defines the rules regulating the implementation of anti-dumping and countervailing measures on products imported into the territory of the Republic of Armenia.  

The adoption of  above mentioned laws in that stage of economic development of Armenia, requested the establishment and strengthening of effective protection of domestic market and appropriate legal basis for free competition. Meanwhile, the adoption of  mentioned laws give the possibility, to apply equivalent measures to increasing quantities or dumped import for protection  of domestic producers /economic branches/, if necessary.
           
For this purpose following regulations have been adopted by the Government of the Republic of Armenia.

  • “The regulation on granting import permissions in the case of application of quotas and tariff quotas” /The decree on July 22, 2004 N 1161-N of the Government of RA/
  • “The regulation of organization of consultations for the purpose of the application of safeguard measures /Minister’s decree on October 4, 2005 N 206-A/.

State policy  of improvement of competition environment and protection of market, being in the centre of private  business and social   legal and economy aimed at  establishment of effective relations thereof, the success of which doesn’t  only depend on  full application of competition legislation, but existing commercial  usage between the market parties.