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28.11.2022
Debate of Draft Law on Making Addendum to Law on Non-Cash Transactions Postponed
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As the deputy of the Civil Contract Faction, the Deputy Chair of the NA Standing Committee on Economic Affairs Babken Tunyan assured, from July 1, 2022 the tourists visiting and leaving our country sometimes have difficulties connected with providing the compulsory demand of making payments in on-cash way in obtaining goods exceeding 300.000 AMD in the duty free shops.

The NA deputy proposes with the addendum to the law on Non-Cash Transactions not to spread the enforcement of the law on the trade of the goods being carried out in the procedure of Duty free trade, giving an opportunity to the tourists visiting the Republic of Armenia to pay in cash without restrictions

It was also noted that the draft is of improving importance.

According to Babken Tunyan, the draft law was debated with the counterparts of the Government, but some issues need to be adjusted, and conditioned by that it was proposed to postpone the debate of the bill up to two months.

The legislative initiative was presented at November 28 regular sitting of the NA Standing Committee on Financial-Credit and Budgetary Affairs.