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News Armenia to reduce cement and clinker tariffs

Armenia to reduce cement and clinker tariffs

Written by Global Cement staff 12 September 2022
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Armenia: The tariff on cement imports has been reduced by 35% to US$22/t, from US$34/t previously, following changes to import rules by the government. Imports of clinker will be subject to no tariffs.

News.am has reported that seven-month cement imports to Armenia rose by 1.7% year-on-year in the period up to 31 August 2022, to 84.7Mt from 83Mt. The cause of the growth is variously the cancellation of an income tax refund on mortgages from 1 July 2022, the increased immigration of Russian citizens into Armenia and the growth of tourism.

Last modified on 14 September 2022
Published in Global Cement News
Tagged under
  • Armenia
  • Duty
  • Government
  • Import
  • Clinker
  • Tax
  • Russia
  • War
  • market
  • demand
  • growth
  • tourism
  • GCW574

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