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Parallel import will be prohibited in Armenia.
Will it arise from citizens' rights or will businesses benefit from it? As it is probably most likely known, up to today, the principle of international exhaustion of trademarks rights operates in the Republic of Armenia, by virtue of which the holder of a registered trademark has no right to prohibit the use by the third party of the trademark of the goods which have been placed in the economic circulation by holder or under his consent.
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Competitiveness is a key element in public procurement policy. To enhance the fairness of the competition, it is important to create a level playing field, exclude transgressors and unscrupulous participants from competitive procurement procedures.
With the aim of providing fair competition in awarding contracts, there are some restrictions on the right to participate freely in the public procurement procedures.
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Chaired by Prime Minister Karen Karapetyan, a consultation was held in the Office of Government to discuss the process of developing a set of measures aimed improving the business environment by the working group established in accordance with the Prime Minister’s instruction. The meeting was mainly targeted to the development of Doing Buiness Ranking of Republic of Armenia in Future Reports administered by World Bank.
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