Armenia ratifies free trade agreement with Indonesia

The Armenian National Assembly has ratified a free trade agreement between the Eurasian Economic Union (EAEU) and Indonesia. This agreement aims to reduce or eliminate customs duties on various Armenian products to increase export competitiveness. Key concessions include reducing the 5% duty on mineral water to 0%, eliminating the 20% duty on preserved fruits and vegetables, and cutting the 5% duty on fruit juices to 0%. Additionally, duties on copper products, medicines, and jewelry will be phased out or reduced over periods ranging from three to fifteen years. The agreement also seeks to simplify customs procedures and foster cooperation in electronic trade, intellectual property, and sanitary regulations.

In aviation news, Armenian Airways has registered its first Boeing 737-800 aircraft in Armenia after a 1.5-year hiatus. The aircraft, which previously operated in India and was registered in Guernsey, is now stationed at Zvartnots International Airport.

In local governance, the Prosecutor's Office of Lori Region has successfully reclaimed 240 square meters of land in Vanadzor's Hrant Matevosyan Park for the community, following the termination of unauthorized use agreements. Meanwhile, training programs for local council members in Tashir and Alaverd were conducted by GIZ to improve municipal management and financial planning.

Labor rights updates indicate that Armenian law prohibits employers from terminating contracts with pregnant women or those caring for children under three without specific legal grounds, and provides various maternity and childcare leave durations.