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ARMENIA DAILY DIGEST
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From: Ina Iankulova (iiankulova@sorosny.org)
Date: Thu Apr 10 2003 - 11:31:25 EDT
ARMENIAN SCHOLARS FEAR LONG-TERM NEGATIVE IMPACT OF WTO MEMBERSHIP
Addressing a discussion in Yerevan on 9 April, economist Karine Danielian said membership of the World Trade Organization (WTO) will lead to a deterioration in the socioeconomic and ecological situation as domestic products are replaced on the internal market by cheaper foreign imports, Noyan Tapan reported. Academician Mikhael Gyulkhassian similarly predicted that the imposition of value-added tax (VAT) on agricultural produce beginning in 2009 is likely to lead to the decline of that sector. Armenia was accepted into the WTO in February. LF
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