The bill on setting tax and customs concessions for construction of Iran-Armenia 400 kV electric transmission line through the territory of Armenia was approved at the September 15 session of the Government. The session was conducted by Armenian Prime Minister Tigran Sargsyan. Taking into account the fact that by the agreement, taxes and customs payments arising in Armenia are to be paid by the customer, the Republic of Armenia will give assistance to the project in the form of tax and customs concessions.

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